The US has revoked export licenses from companies like Intel and Qualcomm, preventing them from selling chips to Huawei, a sanctioned Chinese telecoms equipment maker. This move follows escalating tensions in the tech sector between the US and China.
How does banning the sale of Intel CPUs and Qualcomm modem chips to Huawei improve U.S. national security? I can understand the rationale for restricting the sale of highly advanced AI chips, but what is the rationale for restricting less advanced CPUs and modems?
"The U.S. 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 Technologies." https://t.co/5VNrVluP9h
US blocks some Intel, Qualcomm exports to China over Beijing's objections https://t.co/M4jXHORxU4
US revokes licenses for chip shipments to Huawei, impacting Intel and Qualcomm https://t.co/8EOvF67odu
Intel, Qualcomm say exports to China blocked as Beijing objects #Intel #Qualcomm https://t.co/reab1oMtad
Intel lowered its 2nd quarter revenue outlook to below the midpoint of previous guidance because of a US ban on chip exports to China’s Huawei Technologies, media report, adding the Q2 forecasted range US$12.5 billion to $13.5 billion remains the same, “but below the midpoint.”…
China's Ministry of Commerce: The Chinese side firmly opposes the latest U.S. revocation of licenses for export to #Huawei, which is a typical "economic coercion". The U.S. practices not only violate WTO rules, but also seriously damage the interests of U.S. companies. China will… https://t.co/01NV5xjicp
China’s Ministry of Commerce is firmly opposed to the United States’ decision to further tighten semiconductor export restrictions against Huawei Technologies Co. Ltd., calling the move “economic coercion” https://t.co/lCbPwllUjW
#US revokes #Intel, #Qualcomm's export licenses to sell to #China's #Huawei, sources say https://t.co/qkKBquSUrl
Financial Times @ft: US revokes licences for supply of chips to China's Huawei - Financial Times. #industry40 #aistrategy #MachineLearning https://t.co/gHKylj0Q7e
Intel’s and Qualcomm’s Huawei export licenses get revoked https://t.co/9pGwu3gD1e
ICYMI: The US Commerce Department has revoked some of the licenses held by tech giants to supply stuff to Chinese megacorp Huawei Intel and Qualcomm have confirmed they've been stopped by Uncle Sam https://t.co/779Miezv2F
US revokes export licenses that allowed Intel and Qualcomm to sell chips to Huawei https://t.co/Meozggoolr
Intel, Qualcomm say exports to China blocked as Beijing objects https://t.co/sZVeKkxgkg https://t.co/0KUyDnptLd
US Pulls Licenses That Intel, Qualcomm Used to Sell Chips to Huawei https://t.co/dTWMbhq8Gh
New export controls on Intel and Qualcomm continue to hurt American companies, while making Huawei stronger Just so dumb... https://t.co/CU5idxjBUL
Intel expects revenue blow after US blocks chip sales to Huawei https://t.co/EMVEfn45rs
Huawei’s licenses to buy chips from Qualcomm and Intel revoked as U.S. further tightens export restrictions. https://t.co/N5Xo7JG39k
U.S. government revokes Intel's license to sell microprocessing chips to sanctioned Chinese telecoms equipment maker with Huawei Technologies Co. https://t.co/6ZXPKGG9qs
Intel expects second-quarter revenue to fall below the midpoint of previously issued projections because of a new US ban on chip exports to Huawei Technologies. Abigail Doolittle reports https://t.co/JU0xsq0zma https://t.co/dYWnWIVRJR
Intel issues revenue warning after US revokes Huawei export licenses — further efforts to restrict China's access to AI chips https://t.co/5kDEKDPsiW https://t.co/vkqsHbuXAu
US revokes some licenses for exports to China’s Huawei https://t.co/nbfP0KzPZc
Qualcomm $QCOM Confirms Report U.S Revokes Intel, Qualcomm's Export License To Sell To China's Huawei, Says 'We will continue to comply with all applicable export control regulations'
The TLDR on the U.S. revoking licenses from Qualcomm and Intel to sell to Huawei. 👇🏻 1. Qualcomm had already made a filing warning of this risk. 2. Qualcomm had already forecasted for its sales to Huawei to taper with 5G. Most parts were 4G related. 3. Honor, a Huawei spin-off… https://t.co/LahwvfuhVA
Intel says the US revoking export licenses to a Chinese firm will impact revenue https://t.co/6xeGd2jYmK https://t.co/xWVP0qgyw6
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
$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 now confirming through an 8K that the Commerce Department revoked licenses for exports of consumer-related items to a customer in China: $INTC “expects revenue for Q2 of 2024 to remain in the original range of $12.5B to $13.5B, but below the midpoint.” $INTC -2% pre-mkt https://t.co/sFz7s60DmG
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
US revokes licences for sales of chips to Huawei https://t.co/ofBDXOe0pl
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