It's about so-called EDA software, which is used to design and test data chips before they are produced. The newspaper has spoken to sources stating that the Ministry of Trade has issued a directive to several companies, including Siemens EDA, Cadence, and Synopsys, to stop offering EDA software to China.
The move is the latest in the US's attempts to prevent China from developing advanced data chips. In April, the American chip manufacturer Nvidia was stopped from exporting one of its data chips to the country.
Several software companies fell heavily on the stock exchange after Financial Times reported on the information, reports CNBC.
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