China tech shares sink as U.S. export curbs raise chip sector hurdles

China tech shares sink as U.S. export curbs raise chip sector hurdles

By Josh Horwitz and Jason Xue SHANGHAI, Oct 10 (Reuters) – Shares in Chinese tech giants Alibaba Group (9988.HK) and Tencent (0700.HK) as well as in chipmakers slumped on Monday, as investors were spooked by new U.S. export control measures aimed at slowing Beijing’s technological and military advances. The Biden administration published a sweeping set … Read more

U.S. adds China’s YMTC and 30 other firms to ‘unverified’ trade list

U.S. adds China’s YMTC and 30 other firms to ‘unverified’ trade list

WASHINGTON, Oct 7 (Reuters) – The United States on Friday added China’s top memory chipmaker YMTC and 30 other Chinese entities to a list of companies that U.S. officials have been unable to inspect, ratcheting up tensions with Beijing and starting a 60 day-clock that could trigger much tougher penalties. The new listings were the … Read more

U.S. aims to hobble China’s chip industry with sweeping new export rules

U.S. aims to hobble China’s chip industry with sweeping new export rules

Oct 7 (Reuters) – The Biden administration on Friday published a sweeping set of export controls, including a measure to cut China off from certain semiconductor chips made anywhere in the world with U.S. tools, vastly expanding its reach in its bid to slow Beijing’s technological and military advances. The rules, some of which go … Read more

Exclusive: Biden to hit China with broader curbs on U.S. chip and tool exports

Exclusive: Biden to hit China with broader curbs on U.S. chip and tool exports

Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 11(Reuters) – The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence and chipmaking tools, several people familiar with the matter said. The Commerce Department intends to publish new regulations based on restrictions communicated … Read more

U.S. considers crackdown on memory chip makers in China

U.S. considers crackdown on memory chip makers in China

WASHINGTON, Aug 1 (Reuters) – The United States is considering limiting shipments of American chipmaking equipment to memory chip makers in China including Yangtze Memory Technologies Co Ltd (YMTC), according to four people familiar with the matter, part of a bid to halt China’s semiconductor sector advances and protect U.S. companies. If President Joe Biden’s … Read more

ASML shares fall on report US wants to restrict sales to China

ASML shares fall on report US wants to restrict sales to China

ASML logo is seen in this illustration taken February 28, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register AMSTERDAM, July 5 (Reuters) – Shares in ASML Holding (ASML.AS), a key supplier of equipment to semiconductor makers, fell on Tuesday following a Bloomberg News report that the U.S. government wants to restrict … Read more

US FCC adds Russia’s Kaspersky, China telecommunications companies to national security threat list

US FCC adds Russia’s Kaspersky, China telecommunications companies to national security threat list

WASHINGTON, March 25 (Reuters) – The Federal Communications Commission (FCC) on Friday added Russia’s AO Kaspersky Lab, China Telecom (Americas) Corp (0728.HK) and China Mobile International USA (0941.HK) to its list of communications equipment and service providers considered to be threats to US national security. Last year, the regulator named five Chinese companies, including Huawei … Read more