U.S. Moves to Cut Huawei Off from Global Chip Suppliers
May 15th 2020 4:48pm EDT
(REUTERS) – The Trump administration has moved to block global chip supplies to blacklisted telecoms equipment giant Huawei Technologies, spurring fears of Chinese retaliation and hammering shares of U.S. producers of chipmaking equipment. A new rule, unveiled by the Commerce Department and first reported by Reuters, expands U.S. authority to require licenses for sales to […]
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