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VisitWhich US chip company will be most impacted by Huawei restrictions by June 30, 2025?
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Financial reports and stock performance data of AMD, Nvidia, Apple, TSM, and Intel
House China Committee Pushes to Block Huawei from Buying US Chipmaking Gear
Oct 16, 2024, 06:35 PM
Key lawmakers are pressing the Biden administration to block Huawei from buying American chipmaking gear, escalating efforts to prevent the sanctioned Chinese telecom giant from making progress on semiconductor manufacturing. The bipartisan House China Committee is advocating for these restrictions, emphasizing the need to cut off Huawei vendors from US chip gear. American toolmakers such as Lam Research, Applied Materials, and KLA have lobbied against further curbs without comparable measures from allies. This move is expected to impact major US chip companies including AMD, Nvidia, Apple, TSM, and Intel. US Congress is expected to cut off Huawei vendors and China from additional US chip gear, as indicated in a letter from House China Committee members.
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