tiprankstipranks
Trending News
More News >

U.S. weighs unilateral resrtictions on China access to AI chips, Bloomberg says

The US is considering unilateral restrictions on China’s access to AI memory chips and equipment capable of making those semiconductors, which could happen as soon as next month, Mackenzie Hawkins of Bloomberg reports. The restrictions would be designed to keep Micron Technology (MU) and South Korea’s memory chipmakers SK Hynix (HXSCL) and Samsung Electronics (SSNLF) from supplying Chinese firms with high-bandwidth memory chips, people familiar with the matter told Bloomberg, adding no final decision has been made.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue