yahoo.com 27 May, 2023 01:00 am

A Trader’s Guide to the US-China Chip Spat After Micron Ban

A Trader’s Guide to the US-China Chip Spat After Micron Ban
(Bloomberg) -- China’s decision to bar Micron Technology Inc.’s memory chips has escalated tensions with the US, fueling worries over what other technology firms Beijing may target. Most Read from BloombergCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeEurope’s Economic Engine Is Breaking DownEmerging US Debt Deal Would Raise Limit, Cap Spending for Two Years‘Last of Us’ Multiplayer Video Game Faces Setbacks at SonyA $189 Airport Travel Hack Is No Longer Working Very WellPolicym

Policymakers in the Asian nation, however, have limited scope to find alternatives to US firms in the semiconductor supply chain that ranges widely from chip design, manufacturing, equipment to materials.“It has fairly capable domestic memory chipmakers that can step up to replace Micron’s supply, but in other areas like chip design, logic chip manufacturing and semiconductor production equipment, China is not able to ban the US without hurting themselves.and Advanced Micro Devices Inc.Although they don’t generate revenue directly from China, their customers include Intel and Advanced Micro Devices Inc.

READ: Asian Chip Stocks Climb Second Day After Nvidia Sparks AI Rally The US banned China from buying advanced chip-making equipment or employing American citizens without a license late last year, causing firms like Applied Materials Inc.Japanese chip stocks slid earlier this week as the trade ministry said the previously announced chip curbs would take effect July 23.

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