thenewsfacts.com
  • Home
  • Latest News
  • Trending News
  • Entertainment
  • Technology
  • Sports
  • Business
  • Health
thenewsfacts.comthenewsfacts.com
Font ResizerAa
Search
  • Home
  • Latest News
  • Trending News
  • Entertainment
  • Technology
  • Sports
  • Business
  • Health
Follow US
© thenewsfacts : All Rights Reserved.

Home » Chip industry under stress, with new US restrictions on sales to China

Technology

Chip industry under stress, with new US restrictions on sales to China

TheNewsFacts
Last updated: October 11, 2022 11:50 am
TheNewsFacts
Share
Chip industry under stress, with new US restrictions on sales to China
SHARE

Chip Industry world over is under stress now, with new US restrictions on exports. Businesses all around the world started to consider the effects of broad U.S. restrictions on the export of chips and machinery for making chips to China.

In order to continue running its operations in China, the South Korean manufacturer of memory chips SK Hynix Inc. announced on Friday that it would apply for a licence under new U.S. export control regulations.

The export of certain U.S.-made semiconductor manufacturing equipment to China is now prohibited, according to a broad set of rules published by American officials on Friday. However, companies from the United States and its allies are still allowed to export certain products without obtaining a licence.

Chip Industry readies to grapple the US Export Restriction Challenges

American officials announced a broad set of regulations on Friday that limit the export of some equipment used in the manufacture of semiconductors to China but allow American and ally companies to apply for licencing exemptions.

According to the US regulations, a supercomputer is any device having at least 100 petaflops of so-called double precision computing power or 200 petaflops or more of single precision computing power housed in a space of less than 41,600 cubic feet. The processing speed of a computer is measured in petaflops.

Nvidia said on Friday that it did not anticipate any additional effects on its company, despite stating a month ago that the rules could damage $400 million of its current-quarter sales in China.

TAGGED: Chip Exports China, Chip Industry, Semiconductor Industry, US Policy Chip Exports
Share This Article
Twitter Email Copy Link Print
Previous Article International Girl Child Day 2022: Let's reaffirm our support to protect their rights and freedom International Girl Child Day 2022: Let’s reaffirm our support to protect their rights and freedom
Next Article Indian Civil Aviation Hits 4 Lakh Daily Passenger Milestone, Highest Ever Since Pre-Covid 19 Indian Civil Aviation Hits 4 Lakh Daily Passenger Milestone, Highest Ever Since Pre-Covid 19

Your Trusted Source for Accurate and Timely Updates!

We're committed to providing accurate and unbiased news as it unfolds, earning the trust of a large audience. Stay informed with our news updates on the latest events and trends, keeping you ahead of the curve.
FacebookLike
TwitterFollow
InstagramFollow

Popular Posts

Covid recovery rate in India shows a big jump

COVID recovery rate in India is closing to the 100% mark. As on today, India…

By TheNewsFacts

Kareena Kapoor’s “Pregnancy Bible” Faces Legal Scrutiny Over Title

May 11: 2024: Bollywood superstar Kareena Kapoor Khan's 2021 pregnancy memoir, "Kareena Kapoor Khan's Pregnancy…

By TheNewsFacts

Omicron: Dutch authorities Worried about Covid Cases on planes from South Africa

The Omicron worry is spreading across Europe. Hundreds of passengers who arrived in Amsterdam on…

By TheNewsFacts

You Might Also Like

Google Calendar
Technology

Hackers Target Google Calendar with New Malware Attack

By NewsFacts Bureau
iOS 18.5 Beta
Technology

No Flash, All Fixes: iOS 18.5 Beta 3 Clean-Up Begins

By NewsFacts Bureau
One UI 7
Technology

One UI 7 Bug Halts Galaxy S24 Rollout, Fix in Progress

By TheNewsFacts
Gemini 2.5
Technology

Gemini 2.5 AI for Free: No Fees, Just Powerful Features

By TheNewsFacts
thenewsfacts thenewsfacts

About US


TheNewsFacts: Brings you the interesting facts, news facts and updates from India an the world across politics, tech, entertainment, business, tending, and more. We deliver what you love to read.
Top Categories
  • Latest News
  • Trending News
  • Paris Olympics 2024
  • Sports
  • Entertainment
  • Business
  • Technology
Usefull Links
  • About The News Facts
  • Latest News
  • Privacy Policy
  • Editorial Policy
  • Disclaimer
  • Contact Us
Follow us
Facebook Twitter Instagram

© thenewsfacts. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?