Tag

semiconductors

China Brings WTO Case Against U.S. Chip Export Curbs

China initiated a dispute against the U.S. at the World Trade Organization (WTO) over Washington’s sweeping semiconductor export curbs that look to cut the world’s second-largest economy off from high-tech components, CNBC reported. According to CNBC, the Chinese Ministry of Commerce confirmed the trade dispute in a statement on Monday and accused the U.S. of abusing export control measures and

U.S. Restricts Semiconductor Exports

The U.S. imposed new export restrictions on advanced semiconductors and chip-manufacturing equipment Friday in an effort to prevent American technology from advancing China’s military power, The Wall Street Journal reported. The rules will require U.S. chip makers to obtain an license from the Commerce Department to export certain chips used in advanced artificial-intelligence calculations and supercomputing - crucial technologies for