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U.S. is reportedly weighing further limits on China's access to AI chip tech - TL;DR CNBC

U.S. is reportedly weighing further limits on China's access to AI chip tech

Publishing timestamp: 2024-06-11 23:45:59


Summary

The U.S. is considering further restrictions on China's access to advanced chip technology, specifically targeting gate all-around architecture. This could impact companies like Samsung and TSMC, but the scope and timeline of the potential rules are still being determined. China has been investing heavily in semiconductor technology to boost self-reliance in science and technology, while other countries are seeking to curb China's tech power.


Sentiment: NEUTRAL

Tickers: ASML-NL2330-TW

Keywords: asml holding nvbusiness newstaiwan semiconductor manufacturing co ltdtechnologybreaking news: technology

Source: https://www.cnbc.com/2024/06/12/us-reportedly-weighing-more-limits-on-chinas-access-to-ai-chip-tech.html


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