House Foreign Affairs Committee Chairman Michael McCaul says the US wants to prevent China from developing advanced AI.
The US has revoked licenses allowing Huawei Technologies Co. to buy semiconductors from Qualcomm Inc. and Intel Corp., according to people familiar with the matter, further tightening export restrictions against the Chinese telecom equipment maker.
“It’s blocking any chips sold to Huawei,” said McCaul, a Texas Republican who was briefed about the license decisions for Intel and Qualcomm.While the decision may not affect a significant volume of chips, it underscores the US government’s determination to curtail China’s access to a broad swathe of semiconductor technology.
The Democratic administration has come under pressure to do more to stop Huawei and other Chinese tech companies after signs of progress in the country’s semiconductor development. “This is small,” said Stacy Rasgon, an analyst at Sanford C. Bernstein. “Qualcomm has already said that the Huawei business is going away anyway.”
McCaul and other Republican lawmakers, including House Republican Conference Chairwoman Elise Stefanik and Senator Marco Rubio, have urged Commerce to revoke licenses for companies to sell chips to Huawei.
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