• 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

New Bipartisan Bill Aims to Protect Blockchain Developers from Criminal Charges

chest

A new bipartisan bill aims to protect software developers from criminal charges related to cryptocurrency tools.

user avatarMohamed Farouk

2022 Sanctions on Tornado Cash Disrupted Crypto Mixer Market

chest

The 2022 crackdown on Tornado Cash led to a drastic decline in daily transactions, but the effects were uneven across user types.

user avatarElias Mukuru

Crypto Mixer Transactions Rebound After Sanctions Lifted

chest

Research indicates a significant rebound in crypto mixer transactions following the lifting of sanctions against Tornado Cash.

user avatarDiego Alvarez

Senator Blumenthal Initiates Investigation into Binance's Sanctions Violations

chest

Senator Richard Blumenthal has initiated a formal investigation into Binance's potential violations of US and international sanctions.

user avatarKenji Takahashi

Senate Democrats Call for Investigation into Binance Amid Allegations

chest

Eleven Senate Democrats, led by Elizabeth Warren, are urging an investigation into Binance's operations due to allegations of facilitating illicit finance activities.

user avatarMaria Fernandez

Tether Freezes $42 Billion in USDT Linked to Illicit Activity

chest

Tether has frozen approximately $42 billion worth of USDT tokens due to suspected illicit activities, highlighting the need for blockchain transparency and cooperation with law enforcement.

user avatarGustavo Mendoza

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.