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    Home » Electronics and hardware » US chip lobby presses Biden over China curbs

    US chip lobby presses Biden over China curbs

    The industry wants the Biden administration to "refrain from further restrictions" on chip sales to China.
    By Agency Staff17 July 2023
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    The US-based Semiconductor Industry Association trade group on Monday called on the Biden administration to “refrain from further restrictions” on chip sales to China as CEOs from the biggest US semiconductor firms planned to visit Washington this week to press their views on China policy.

    The statement came as the Biden administration considers updating a sweeping set of rules imposed in October to hobble China’s chip industry and a new executive order restricting some outbound investment. The CEOs of Intel and Qualcomm plan to meet with government officials to discuss their views on China policy.

    The statement also comes after China moved to restrict exports of raw materials such as gallium and germanium that are used in making chips. The industry group said that further rule-tightening by US officials risks “disrupting supply chains, causing significant market uncertainty and prompting continued escalatory retaliation by China”.

    Read: Investors bet China’s tech crackdown is over

    The industry group said it wants “the administration to refrain from further restrictions until it engages more extensively with industry and experts to assess the impact of current and potential restrictions to determine whether they are narrow and clearly defined, consistently applied and fully coordinated with allies”.  — Stephen Nellis and Karen Freifeld, (c) 2023 Reuters

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