• 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

Global Interest in Crypto Derivatives Surges Amid Regulatory Changes

chest

Global interest in crypto derivatives is rising as Thailand's SEC proposes new rules, with Blockchain.com launching perpetual futures trading and Kraken's parent company acquiring Bitnomial.

user avatarFilippo Romano

Thailand's SEC Proposes Streamlined Licensing for Crypto Derivatives

chest

Thailand's SEC has proposed a new rule allowing digital asset companies to apply for derivatives licenses directly, streamlining the process.

user avatarEmily Carter

Sam Bankman-Fried Withdraws His Request for a New Trial

chest

Sam Bankman-Fried has officially withdrawn his request for a new trial, believing he would not receive a fair hearing.

user avatarTomas Novak

Polymarket Traders Cash In on Temperature Spikes in Paris

chest

Traders on Polymarket made significant profits from unusual temperature spikes reported by Météo France, leading to a police complaint.

user avatarKaterina Papadopoulou

Regulatory Scrutiny Intensifies for Prediction Markets After Polymarket Incident

chest

The recent betting incident involving Polymarket has raised significant concerns regarding the integrity of prediction markets, prompting bipartisan US senators to introduce legislation aimed at banning such platforms from offering sports-related wagers.

user avatarMaya Lundqvist

Tether Freezes $344 Million in USDT in Coordination with US Authorities

chest

Tether has frozen over $344 million in USDT across two Tron addresses as part of a compliance action with US authorities.

user avatarLeo van der Veen

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.