U.S. continues to investigate Applied Materials for doing business with Chinese entities — company receives another subpoena, one of many over the past couple of years

American flag on a chip.

According to Bloomberg, Applied Materials said that it had received one more subpoena from the U.S. Commerce Department’s Bureau of Industry and Security regarding its dealings with Chinese customers. This is by far not the first subpoena the company has received in the last couple of years, so the U.S. government seems to want more details from Applied.

“We have received multiple subpoenas from government authorities requesting information relating to certain China customer shipments,” a statement in Applied Materials’s filing with the SEC reads. “In August 2022 and February 2024, we received subpoenas from the U.S. Attorney’s Office for the District of Massachusetts; in November 2023 and May 2024, we received subpoenas from the U.S. Commerce Department’s Bureau of Industry and Security; and in February 2024, we received a subpoena from the U.S. Securities and Exchange Commission.”