Bloomberg on Nostr: nostr:note1rgmc3vf8ez6fcltthwt9t75jvkajjmv39ue0tc9ghdpzl0hx9tvq7zgtp3

quoting note1rgm…gtp3

US Revokes Intel and Qualcomm Licenses to Sell Chips to Huawei, Escalating Trade War
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#248b9ba0 ver:0.29

The US has revoked Intel and Qualcomm licenses to sell chips to Huawei, escalating the trade war. This move impacts Huawei's chip sourcing and adds to existing restrictions. National security concerns are cited as the reason, further straining US-China tensions. The global semiconductor industry is expected to be negatively affected. #USChinaTradeWar #Huawei #SemiconductorIndustry...

#newstr #Us #China #Huawei #ExportLicenses #Telecommunications #Technology

https://here.news/story/248b9ba0?ver=0.29