Companies around the world on Friday began to wrestle with the impact of wide-ranging U.S. curbs on selling chips and chip manufacturing equipment to China.
Applied Materials said it was assessing the new rules, while Lam and KLA did not immediately respond to requests for comment.said on Friday it would seek a license under new U.S. export control rules for equipment to keep operating its factories in China.
American officials on Friday published a sweeping set of rules that restrict the export of some U.S.-made semiconductor manufacturing equipment to China, but provided exemptions for companies from the United States and its allies to seek a license. "SK Hynix is ready to make its utmost efforts to get the U.S. government's license and will closely work with the Korean government for this," the company said in a statement. "We're also ready to operate our fabrication plants in China smoothly, while complying with the international order."
Officials on Friday also introduced rules against selling a broad swath of chips for any use in "supercomputer" systems in China. Supercomputers can be used in developing nuclear weapons and other military technologies. U.S. companies Nvidia Corp
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MLB's 2022 postseason schedule includes World Series beginning on a FridayThis year's MLB playoffs will open with four wild card series on Friday, Oct. 7 and conclude with the World Series, which starts on Friday, Oct. 28.
Read more »
Warmer Afternoons Through Friday, Cooler This Weekend - Alabama NewsTemperatures trend warmer Wednesday afternoon, with highs in the low to mid 80s. Temperatures turn cooler overnight, with lows in the upper 40s to low 50s. Although, Thursday afternoon temperatures trend warmer.
Read more »
Art Attack: First Friday Welcomes the Spirits of Día De Los MuertosPaint the town!
Read more »
Glitch: An exciting new Netflix release is coming on Friday for K-drama fansOn October 7, Netflix is debuting a new K-drama: 'Glitch,' about a woman who can see aliens and whose boyfriend disappears because of them.
Read more »
REI makes closing its stores on Black Friday permanentOutdoor retailer REI announced Tuesday it is making its practice of remaining closed on Black Friday and paying its employees to go outside permanent.
Read more »