In a significant move signaling a thaw in U.S.-China trade relations, the U.S. has lifted restrictions on chip design software exports to China. This decision follows successful negotiations aimed at reducing tensions in the tech sector. Major companies including Synopsys and Cadence are now cleared to resume their software sales to Chinese customers, resulting in a surge in their stock prices. The easing of these curbs is viewed as a crucial step towards a broader trade agreement and has positively impacted the Chinese stock market as well.