• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

US imposes new sanctions on China in the semiconductor sector

user avatar

by Giorgi Kostiuk

a year ago


The conflict between the US and China in the semiconductor sector is escalating. The US imposes new sanctions limiting technological exports to China.

New US sanctions

Recently, the US announced new sanctions aimed at restricting semiconductor technology exports to China. These measures are intended to hinder China's ability to acquire and produce advanced technologies necessary for its military modernization. Specifically, the restrictions target the export of high-bandwidth memory (HBM) chips, 24 types of semiconductor manufacturing tools, and three types of software. Additionally, 140 Chinese companies have been added to the blacklist of entities, further complicating trade relations with the US.

China's response

Chinese semiconductor companies have stated that they anticipated these sanctions and stockpiled necessary equipment. In response to US restrictions, China called for a boycott of American semiconductor manufacturers like Nvidia, Intel, and Qualcomm. China also banned the export of several critical minerals to the US, including gallium and germanium, which may affect American supply chains.

Consequences of the conflict

These actions mark a new escalation in the trade war between the two superpowers, significantly impacting the global semiconductor industry. Companies in China and the US must adapt to an increasingly complex and uncertain environment while seeking to secure their supply chains under new regulations.

The new sanctions and countermeasures underscore the growing tensions in US-China trade relations, which may have long-term implications for the global semiconductor industry.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Japan Tightens Access to Crypto Through Regulated Exchanges

chest

Japanese authorities are enforcing stricter access to cryptocurrency platforms, limiting services to those that comply with domestic regulations.

user avatarRajesh Kumar

PEPE Token Shows Strong Performance Against Major Cryptocurrencies

chest

PEPE token showed strong performance with a 146% increase against USD, maintaining stability and key support levels.

user avatarJesper Sørensen

Vitalik Buterin Emphasizes Individual Sovereignty in Ethereum Development

chest

Vitalik Buterin emphasizes the importance of individual sovereignty in Ethereum development, urging developers to prioritize resilience over convenience.

user avatarLucas Weissmann

Institutional Interest in Ethereum Grows Amid Regulatory Clarity

chest

Institutional investors are increasingly building on Ethereum due to clearer regulatory frameworks in the U.S., leading to a surge in stablecoin transfer volume.

user avatarFilippo Romano

Technological Advances Transform Fan Engagement in Sports

chest

Technological advancements in streaming and AI are reshaping how fans engage with sports content.

user avatarEmily Carter

DGrid Unveils Innovative Proof of Quality Mechanism

chest

DGrid unveils its Proof of Quality mechanism to ensure AI result reliability in a decentralized network.

user avatarKaterina Papadopoulou

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.