US Commerce Secretary Downplays Huawei's Chip Breakthrough as US Lawmakers Criticize Biden Administration on Nostr: US Revokes Export Licenses to Chinese Firms, Impacting Intel and Huawei ...
US Revokes Export Licenses to Chinese Firms, Impacting Intel and Huawei
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#248b9ba0 ver:0.38
The US has revoked export licenses to Chinese firms, impacting Intel and Huawei. Intel expects its Q2 revenue to be affected, while licenses for supplying chips to Huawei have also been revoked. The US Commerce Secretary warns that a Chinese invasion of Taiwan and seizure of chips producer TSMC would be devastating to the American economy. The US is taking measures to restrict investments in Chinese entities in certain sectors. TSMC's US unit has received a $6.6 billion subsidy for semiconductor production in Arizona. A disruption in Taiwan could lead to a 59% increase in the US price of logic chips. #USChinaTrade #Intel #Huawei #TSMC...
#newstr #UsExportLicenses #Intel #Huawei #Tsmc #UsEconomy #UsOutboundInvestmentRestrictions #Semiconductors #ChipsAndScienceAct
https://here.news/story/248b9ba0?ver=0.38
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#248b9ba0 ver:0.38
The US has revoked export licenses to Chinese firms, impacting Intel and Huawei. Intel expects its Q2 revenue to be affected, while licenses for supplying chips to Huawei have also been revoked. The US Commerce Secretary warns that a Chinese invasion of Taiwan and seizure of chips producer TSMC would be devastating to the American economy. The US is taking measures to restrict investments in Chinese entities in certain sectors. TSMC's US unit has received a $6.6 billion subsidy for semiconductor production in Arizona. A disruption in Taiwan could lead to a 59% increase in the US price of logic chips. #USChinaTrade #Intel #Huawei #TSMC...
#newstr #UsExportLicenses #Intel #Huawei #Tsmc #UsEconomy #UsOutboundInvestmentRestrictions #Semiconductors #ChipsAndScienceAct
https://here.news/story/248b9ba0?ver=0.38