U.S. to Blacklist Chinese Company Sophgo for Ties to Huawei AI Chip Scandal

Quick Summary:

This move comes as the Biden administration cracks down on companies helping Huawei bypass U.S.restrictions.

Department of Commerce is now pushing to blacklist Sophgo, placing it on the Entity List, a restricted trade list.

Sophgo’s role in China’s growing surveillance state has raised concerns among U.S.officials about the potential for these chips to be used in ways that could undermine national security.

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Article Details

Author / Journalist: Mustafa Mulla

Category: Crypto

Markets: United StatesChinaTaiwan

Topics: Chips Processor Huawei Found Bitcoin Chip Latest Chinese Government Companies Sophgo

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-21 @ 08:49:59 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 387 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 15 words per sentence (average)

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

Copyright Owner: © Coinpedia

News ID: 24574251

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News Last Updated: 8 hours ago

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