Latest US strike on China’s chips hits semiconductor toolmakers

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WASHINGTON, Dec 2 — The US will launch its third crackdown in three years on China’s semiconductor industry today, restr...

However, it remains years behind chip industry leaders like Nvidia in AI chips and chip equipment maker ASML in the Netherlands.

An aspect of the new package that addresses the foreign direct product rule could hurt some US allies by limiting what their companies can ship to China.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaIsraelJapanSouth KoreaNetherlandsSingaporeTaiwan

Topics: Us tariffs Chipmakers

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-02 @ 13:49:23 (2 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 751 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 24030497

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About Malay Mail

Main Topics: EconomyBusiness

Official Website: malaymail.com

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Year Established: 1896

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News Last Updated: 8 hours ago

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