News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
US Once Considers Increasing Tech/ Chip Sanctions Before Trade Talks with CN: Wire
Before the recent trade talks in London between the US and China, officials from the US Department of Commerce considered implementing new restrictions on the export of critical te...
Reset
Send
The window will close in 5 seconds
US Once Considers Increasing Tech/ Chip Sanctions Before Trade Talks with CN: Wire
Close
Recommend
2
Positive
3
Negative
6
 
SHORT SELL
 
STOCK INFO

Before the recent trade talks in London between the US and China, officials from the US Department of Commerce considered implementing new restrictions on the export of critical technologies to China, according to the Wall Street Journal.

It is believed that if US-China tensions escalate again, the measure could be used by the White House as a countermeasure.

Related NewsAPI Crude Oil Stock Change for Jun/13 in United States is -10.133M, lower than the previous value of -0.370M. The forecast was -0.6M.
It is reported that, in recent weeks, the US Department of Commerce considered imposing stricter restrictions on semiconductors, including banning the sale of more types of chip manufacturing equipment to China, such as equipment used for producing everyday semiconductors, and expanding the existing export restriction scope on advanced process chip production equipment.

This move is expected to impact the chip supply chain for products like smartphones and autos, and threaten the sales of companies like Applied Materials (AMT.US)      , Lam Research (LRXS.US) and KLA Corp. (KLAC.US)      .
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

AASTOCKS Financial News
Website: www.aastocks.com
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.