Kirk's Market Thoughts Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Kirk's Market Thoughts

COHR 175.14

-1.8%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: John Koligman	2/17/2020 12:26:58 PM
	Read Replies (1) of 26779

Stocks you have mentioned are on this list, so it is something to at least be aware of. Trump administration is reportedly weighing limits to China’s access to chip technology PUBLISHED MON, FEB 17 20209:26 AM ESTUPDATED 28 MIN AGO The Commerce Department is considering requiring chip factories globally to obtain licenses if they want to use American equipment to create chips for Huawei, The Wall Street Journal reported.The Trump administration is trying to cut off China’s access to the U.S. semiconductors, one of China’s largest imports from America.The proposed changes have not been reviewed by President Donald Trump, according to the Journal. A worker at the photolithography section of a semiconductor plant of the Mikron Group in Zelenograd, Moscow. Anton Novoderezhkin \| TASS \| Getty Images The Trump administration is weighing trade restrictions on China that would limit the use of American chip-making equipment, The Wall Street Journal reported Monday. People familiar with the matter told the Journal that the Commerce Department is drafting changes to the foreign direct product rule that would require chip factories globally to obtain licenses if they want to use American equipment to create chips for Huawei. The proposed rule comes as the Trump administration looks to cut off China’s access to the U.S. semiconductors, one of China’s largest imports from America. Many U.S. officials have argued that Huawei’s equipment could be used for espionage by the Chinese government, although the company denies those claims and says its equipment is secure. A separate rule would limit the ability of U.S. companies to supply Huawei from overseas facilities. The proposed changes could also harm U.S. manufacturers of semiconductor equipment, like Applied Materials and Lam Research. The changes have not been reviewed by President Donald Trump and not everyone supports the proposed rule, the newspaper reported. The Commerce Department declined to comment on the proposed rule to CNBC. Read more about the impact of the possible trade restrictions here.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next