Chip industry grapples with new U.S. curbs on China sales

  • 📰 Reuters
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Companies around the world on Friday began to wrestle with the impact of wide-ranging U.S. curbs on selling chips and chip manufacturing equipment to China.

Applied Materials said it was assessing the new rules, while Lam and KLA did not immediately respond to requests for comment.said on Friday it would seek a license under new U.S. export control rules for equipment to keep operating its factories in China.

American officials on Friday published a sweeping set of rules that restrict the export of some U.S.-made semiconductor manufacturing equipment to China, but provided exemptions for companies from the United States and its allies to seek a license. "SK Hynix is ready to make its utmost efforts to get the U.S. government's license and will closely work with the Korean government for this," the company said in a statement. "We're also ready to operate our fabrication plants in China smoothly, while complying with the international order."

Officials on Friday also introduced rules against selling a broad swath of chips for any use in "supercomputer" systems in China. Supercomputers can be used in developing nuclear weapons and other military technologies. U.S. companies Nvidia Corp

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I'm willing to show 10 lucky people on how to earn 0.77 BTC ($15,000)and more daily. No withdrawal fee You don't get to send funds to anyone Interested please DM

🇨🇳

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines