China Appeals for Fair Play Amid U.S. Semiconductor Restrictions
China urges the U.S. to uphold market economy laws and ensure fair competition in response to recent semiconductor export restrictions.
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China urges the U.S. to uphold market economy laws and ensure fair competition in response to recent semiconductor export restrictions.
Chinese mainland industrial bodies oppose US semiconductor export controls, advising domestic firms to be cautious in purchasing US chips.
China’s Ministry of Commerce criticizes US semiconductor export controls, accusing Washington of disrupting global markets and abusing national security.
China strongly condemns the US for new restrictions on semiconductor exports, labeling them as economic coercion and unfair market practices.
Leading U.S. chipmakers Micron and Qualcomm attend Beijing’s China International Supply Chain Expo, showcasing local partnerships and sourcing key semiconductor equipment, highlighting China’s pivotal role in global supply chains.
The Chinese Ministry of Commerce criticizes the US for restricting semiconductor shipments to the Chinese mainland, calling it a breach of international trade rules and harmful to global markets.
Intel revises its AI Gaudi chip sales forecast for 2024 amid challenges, leading to a significant drop in its stock despite strong revenue reports.
ASML cuts Q3 forecast due to weak non-AI chip demand, causing semiconductor stocks worldwide to drop.
TSMC is set to report a 40% increase in Q3 profits, driven by soaring demand for AI chips. The company’s stock has surged 77% this year, outpacing the broader market.
President Biden signs legislation exempting certain semiconductor factories from federal environmental reviews, aiming to accelerate the U.S. chip industry’s growth while balancing environmental safeguards.