The Biden administration has revoked export licenses that allowed U.S. chipmakers Intel and Qualcomm to supply semiconductors to Chinese telecommunications giant Huawei. This move, driven by U.S. alarm at Huawei's ability to develop advanced chips, is part of a broader strategy to tighten export controls and increase pressure on Huawei, which the U.S. government views with increasing security concerns. The revocation of these licenses affects the supply of chips for laptops and mobile phones, significantly impacting Huawei's ability to procure essential components for its products. Following the announcement, shares of Qualcomm and Intel dropped about 1%.
Huawei hit with new sanctions - What is the impact on Qualcomm and Intel? Analyst explains https://t.co/0FIZyLtZgk https://t.co/J8gdySiFx5
Intel Shares Fall After Cutting Q2 Revenue Estimates Over Pulled China Licenses https://t.co/iGRxtXVd9l
The U.S. on Tuesday said it revoked some licenses that allow companies to ship goods, such as chips, to sanctioned Chinese telecommunications equipment maker #Huawei Technologies. https://t.co/I6hIp9jPTR
Intel Says U.S. Commerce Department Revokes Licenses for Exports of Certain Items to Chinese Customer https://t.co/TyhdIz9sPr
Intel $INTC now sees 2Q revenue below midpoint of $12.5bn to 13.5bn on voided China export licenses https://t.co/8EsaCyGNB4
US Revokes Intel, Qualcomm Licenses To Sell Chips To Huawei https://t.co/Pfusg0YvcD
➡️ License revoked! The US withdraws Intel and Qualcomm licenses to sell chips to Huawei. https://t.co/WfWYBCYR2P
U.S. officials have reportedly revoked export licenses that allowed U.S. chip makers Intel and Qualcomm to supply semiconductors to Huawei. https://t.co/NwliMWGQA2
US revokes Intel and Qualcomm's licenses for chip sales to Huawei https://t.co/i6bsolQGN2
Intel flags revenue hit as U.S. revokes certain export licenses to Chinese customer https://t.co/gLZVbgwfdR https://t.co/W0DVR5Jm1I
Intel $INTC said the export license revocation will impact Q2 revenue, seeing it below the midpoint of the $12.5-13.5B range it previously guided. https://t.co/tZGz1giQ2I
$INTC (-2.5% pre) Intel slides as company lowers Q2 forecast after losing export license - SA https://t.co/ZFko3QIKxm
The US has revoked licenses allowing Huawei to buy semiconductors from Qualcomm and Intel, further tightening curbs on the Chinese company https://t.co/J53g28zSrg via @mackhawk @elwasson
#FPTech: US revokes licenses of US tech cos like Intel, Qualcomm from dealing with China’s Huawei https://t.co/wd4WQW8CQ4
Intel expects Q2 revenue to be "below the midpoint" of the previously guided $12.5B to $13.5B range after a new US ban on Huawei chip exports (@lynnmdoan / Bloomberg) https://t.co/kVHMpDiIsr 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/BFzqY4FK0L
Intel Stock Drops on Guidance Change as Export Licenses to China Revoked https://t.co/LUYfEEfJ8W
Intel now expects second-quarter revenue to fall below the midpoint of previously issued projections after the US revoked its license to sell chips to Huawei, @Lynnmdoan reports https://t.co/SNbyw9PdoU
CHINA SAYS US CHIP LIMIT FOR HUAWEI IS ECCONOMIC COERCION.
CHINA SAYS US CHIP LIMIT FOR HUAWEI IS ECCONOMIC COERCION
After phones, the US now wants to hurt HUAWEI’s laptop business https://t.co/1ooobWXBlC
$INTC | Intel Sees Revenue Falling Below Midpoint On US Huawei Ban - BBG https://t.co/yS4JWOpT5e
Intel now expects second-quarter revenue to fall below the midpoint of previously issued projections because of a new US ban on chip exports to Huawei https://t.co/6K3KBmTDKH
⚠️ INTEL FLAGS REVENUE HIT AS U.S. REVOKES CERTAIN EXPORT LICENSES TO CHINESE CUSTOMER Full Story → https://t.co/QcBdjNr2mh Chipmaker Intel said on Wednesday the U.S. Department of Commerce was revoking certain export licenses for its consumer-related items to a customer in… https://t.co/j846Vs2SeY
INTEL FORECASTS Q2 REVENUE BELOW MIDPOINT OF $12.5B TO $13.5B Intel is down almost 2% in pre market trading after putting out the statement below ⬇️ The 🇺🇸 Department of Commerce informed Intel $INTC that it was revoking certain licenses for exports of consumer-related items to… https://t.co/wzBfplZuWA
Intel lowers Q2 guidance for the second time in less than two weeks. 5/8 - *INTEL SEES 2Q REV BELOW MIDPOINT OF $12.5B TO $13.5B 4/25 - *INTEL SEES 2Q REV. $12.5B TO $13.5B, EST. $13.63B
US revokes export licenses for chips to Huawei amid escalating tech tensions https://t.co/9yVtdeZSFw https://t.co/qFwhtT9GrU
$INTC INTEL DROPS 2.5% AFTER TEMPERING 2Q REVENUE OUTLOOK https://t.co/amhlOIZVri
$INTC INTEL FORECASTS Q2 REV BELOW MIDPOINT OF $12.5B TO $13.5B INTEL STILL FORECASTS FY REVENUE & EPS TO GROW YEAR-OVER-YEARINTEL FORECASTS Q2 REV. BELOW MIDPOINT OF RANGE
*INTEL SEES 2Q REV. BELOW MIDPOINT OF RANGE
$QCOM (-1.3% pre) US revokes $INTC Intel, Qualcomm's export licenses to sell to China's Huawei, sources say - Reuters https://t.co/vLvvqac54b
US commerce department yanks back Huawei export licenses https://t.co/nawNSq2kjW
US revokes Intel, Qualcomm's export licenses to sell to China's Huawei, sources say https://t.co/u6zHRWAmUd https://t.co/4rx1mH3n1F
US cancels export licenses of suppliers to China’s Huawei https://t.co/3Ch8xEBdCI via @AJEnglish
#ICYMI 🇨🇳🇺🇸The U.S. has revoked licenses that allowed companies including Intel $INTC and Qualcomm $QCOM to ship chips used for laptops and handsets to sanctioned Chinese telecoms equipment maker #Huawei Technologies. https://t.co/nBgIYTfeii
Biden Administration Reportedly Blocks Export Of Intel And Qualcomm’s Chips To Huawei https://t.co/rKJIgRbtR3 https://t.co/qDTOpMY8iU
The US has revoked licenses that allowed companies including Intel and Qualcomm to ship chips used for laptops and handsets to sanctioned Chinese telecoms equipment maker Huawei, three people familiar with the matter said https://t.co/m1vKoJdZEW
The US has revoked licenses that allowed companies including Intel and Qualcomm to ship chips used for laptops and handsets to sanctioned Chinese telecoms equipment maker Huawei, three people familiar with the matter said. More here: https://t.co/gq1IxfuTPu
US Revokes Licences For Supply Of Chips To China’s Huawei - FT https://t.co/zuQMRFSMJu
FT, citing sources: "US revokes licences for supply of chips to China’s Huawei—Move marks latest effort by Biden administration to target the country’s tech sector" @Dimi https://t.co/FH2TctAu4P
US revokes licences for sales of chips to Huawei https://t.co/QGABptC92H
US revokes some export licenses for firms supplying China's Huawei https://t.co/SPkJt4Lg78 https://t.co/iJnx6HbKQo
The US has revoked licenses allowing Huawei to buy semiconductors from Qualcomm and Intel, according to people familiar with the matter. Jodi Schneider discusses the latest export restrictions against the Chinese firm https://t.co/ykcr3xGfxe https://t.co/nJAw59EAJZ
#LeadStoryOnET | #US revokes some #export #licenses for firms supplying #China's #Huawei https://t.co/qkKBquSmBN
The U.S. says it has revoked some licenses that allow companies to ship goods, such as chips, to sanctioned Chinese telecommunications equipment maker Huawei Technologies. https://t.co/JhOg91xawE
U.S. revokes some export licenses to sell chips to Huawei in a bid to curb China's tech power https://t.co/ftRbdzn6KU
The US has revoked licenses for China’s Huawei to buy semiconductors from Qualcomm and Intel, Bloomberg reports, quoting House Foreign Affairs Committee Chairman Michael McCaul saying “it’s blocking any chips sold to Huawei” and that “those are two companies we’ve always worried…
The US said it revoked some licenses that allow companies to ship goods, such as chips, to sanctioned Chinese telecommunications equipment maker Huawei https://t.co/GS2SHXgACi
U.S. revokes some export licenses for firms supplying China's Huawei https://t.co/sd5Bn8deVm
The US said it revoked some licenses that allow companies to ship goods, such as chips, to sanctioned Chinese telecommunications equipment maker Huawei. More here: https://t.co/lkesKzhvOl
Bloomberg: The US has revoked licenses allowing Huawei to buy semiconductors from Qualcomm and Intel, according to people familiar with the matter, further tightening export restrictions against the Chinese telecom equipment maker. (First reported by FT) https://t.co/PYTRQToSo3
The Biden admin has now voided export licenses for semi-conductor / chip exports to China held by $QCOM and $INTC
The Biden admin has now voided export licenses for chip exports to China held by $QCOM and $INTC
The Commerce Department has further restricted the sale of U.S. technology to China’s leading high-tech firm, Huawei Technologies, revoking certain allowances of U.S. chip sales amid renewed scrutiny of the company in Washington. https://t.co/NfGiD0cTET
The US has revoked licenses allowing Huawei to purchase smartphone and PC chips from Intel $INTC and Qualcomm $QCOM, tightening export restrictions on the firm.
The US has revoked licenses allowing Huawei to buy semiconductors from Qualcomm and Intel, further tightening curbs on the Chinese telecom giant Matching @FT https://t.co/ljg33zy9fd
Following my oversight and recommendation, the Department of Commerce will revoke export licenses for U.S. companies that are exporting to Communist Chinese spy company Huawei. Make no mistake, the Biden Administration would not have taken this action if Republicans in Congress… https://t.co/VTqqRp4dxR
The US has revoked licenses allowing Huawei to buy semiconductors from Qualcomm and Intel, further tightening curbs on the Chinese company https://t.co/JEuMf8Hknb
FirstFT: US revokes licences for chip exports to Huawei https://t.co/FH7f0cihVh
The Biden administration has revoked export licences that allow Intel $INTC and Qualcomm $QCOM to supply Chinese 🇨🇳 company Huawei with semiconductors - Financial Times
US Department of Commerce has revoked export licences that allow Intel and Qualcomm to supply 🇨🇳 Huawei with chips for laptop computers and mobile phones. https://t.co/jxMMHlzHPy https://t.co/Zqq8LrWNwD
The US revokes some licenses that allow companies to ship chips and other goods to Huawei (Reuters) https://t.co/GcTOqnYnUU 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/TztAIb0G8d
BREAKING: Biden administration revokes export licenses that allowed Intel, $INTC, and Qualcomm, $QCOM, to provide semiconductors to China's Huawei, per FT.
$INTC $QCOM | Biden Administration Tightens Grip On China's Huawei, Revokes Key Export Licenses From US Chipmakers Biden administration revokes Intel and Qualcomm's licenses to supply chips to Huawei, escalating U.S.-China tech tensions. Qualcomm and Intel shares drop about 1%… https://t.co/xFbPstKjHb
US revokes some export licenses for China's Huawei https://t.co/gApeKBl4S9 https://t.co/0siDRCb4KJ
“The move comes amid US alarm at Huawei’s ability to develop advanced chips despite sweeping export controls introduced in 2022” how many fabs has Huawei built and filled with us equipment since those controls were introduced? https://t.co/KRx941KNEO
Qualcomm slipped in New York trading Tuesday after the Financial Times reported that the US is revoking export licenses to sell chips to Huawei, a move that also will affect Intel https://t.co/isJs6WhIfY
I believe $QCOM and $INTC had been getting licenses for Huawei- not sure how substantial at this point going forward- many cos had large exposure but they've been phasing shipments down gradually past few years as is
US @CommerceGov confirms has "revoked certain licenses for exports to @Huawei" 👇 https://t.co/S21DcsFBaC https://t.co/laA29vfEOS
FT: The Biden administration has revoked export licences that allow Intel and Qualcomm to supply Huawei with semiconductors, as Washington increases the pressure on the Chinese telecoms equipment company.
BREAKING: Biden administration revokes export licenses that allowed Intel and Qualcomm to provide semiconductors to China's Huawei
Exclusive breaking news: The Biden administration has revoked export licences that allow Intel and Qualcomm to supply Huawei with semiconductors as Washington increases the pressure on the Chinese telecoms equipment company https://t.co/8Un2ZYpouO
🚦US TO REVOKE LICENCES FOR SUPPLY OF CHIPS TO CHINA’S HUAWEI - FT $QCOM
INTEL, QUALCOMM AMONG COMPANIES AFFECTED BY REVOKED LICENSES - FT.
US TO REVOKE LICENCES FOR SUPPLY OF CHIPS TO CHINA’S HUAWEI: FT $QCOM $INTC
*US TO REVOKE LICENCES FOR SUPPLY OF CHIPS TO CHINA’S HUAWEI: FT
US TO REVOKE LICENCES FOR SUPPLY OF CHIPS TO CHINA’S HUAWEI - FT. https://t.co/F8fdGf11Z7
US To Revoke Licences For Supply Of Chips To China’s Huawei - @FT https://t.co/zuQMRFSMJu
SCOOP – US commerce department is #revoking export #licenses that allow @Intel & @Qualcomm to export chips to @Huawei for laptops & mobile phones. https://t.co/Flzd9C8XUz
US to revoke licences for supply of chips to China’s Huawei https://t.co/MJ5WAgebI1
What is the key driver behind China’s increasing share in chips manufacturing? This slide tells the story: fab equipment manufacturing imports from the US, Netherlands and Japan are skyrocketing to arm the Chinese semiconductor manufacturing industry #WorldOnTheBrink https://t.co/1DnWkID544