WASHINGTON : Senior U.S. chip company executives are holding meetings with Biden administration officials on Monday to discuss China policy as the U.S. considers new restrictions, a source told Reuters.
Earlier on Monday, the U.S.-based Semiconductor Industry Association trade group called on the Biden administration to"refrain from further restrictions" on chip sales to China and urged the administration to allow"the industry to have continued access to the China market, the world’s largest commercial market for commodity semiconductors."
A White House National Security Council spokesperson said in response to SIA that"our actions have been carefully tailored to focus on technology with national security implications, and designed to ensure that U.S. and allied technologies are not used to undermine our national security." On Friday, Reuters reported that the CEOs of Intel and Qualcomm were planning to visit Washington this week, according to two sources familiar with the matter.China recently moved to restrict exports of raw materials such as gallium and germanium that are used in making chips.