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US Commerce Secretary Downplays Huawei's Chip Breakthrough as US Lawmakers Criticize Biden Administration /
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2024-05-08 12:02:57

US Commerce Secretary Downplays Huawei's Chip Breakthrough as US Lawmakers Criticize Biden Administration on Nostr: US Revokes Licenses for Chip Supply to Huawei, Raising Concerns for Global Trade and ...

US Revokes Licenses for Chip Supply to Huawei, Raising Concerns for Global Trade and Technological Competition
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#248b9ba0 ver:0.31

The US has revoked licenses for chip supply to Huawei, raising concerns for global trade and technological competition. This decision affects Huawei and American semiconductor companies, while China showcases its self-reliance. The move raises questions about filling the chip export gap and risks alienating the largest trading partner. US Secretary of State clarifies that export controls are not meant to hinder China's progress, but some lawmakers want to stifle China's chip production. The US chip war with China is likely to continue, impacting the global semiconductor industry. #Huawei #USChinaTradeWar #SemiconductorIndustry...

#newstr #UschinaTrade #Huawei #SemiconductorIndustry #GlobalTrade #TechnologicalCompetition

https://here.news/story/248b9ba0?ver=0.31
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