US Revokes Intel, Samsung, SK Hynix Waivers On China Chip Equipment
The U.S. announced on Friday plans to tighten restrictions on global chipmakers operating in China, revoking authorizations that allowed Samsung Electronics, SK Hynix, and Intel (INTC) to receive American semiconductor manufacturing equipment in the country.
According to a notice in the Federal Register, the restrictions take effect in 120 days. Intel continues to produce wafers in China even though it sold its Dalian NAND plant to SK Hynix in 2021. Now, the companies will need to obtain licenses to buy the equipment in China.
The rule change could weigh on sales by U.S. equipment makers KLA Corp. (KLAC), Lam Research (LRCX), and Applied Materials (AMAT). At the same time, it may create openings for Chinese suppliers and benefit Micron (MU), a key U.S. rival to Samsung and SK Hynix in the memory market.
Get updates to this developing story <directly on Stocktwits.
Read also: Fannie Mae, Freddie Mac IPO Plans Face Democratic Pushback On Mortgage Rate Risks: Report
For updates and corrections, email newsroom[at]stocktwits[dot]com.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Japan Well Intervention Market Size To Reach USD 776.0 Million By 2033 CAGR Of 4.50%
- Vietnam Artificial Intelligence Market Size, Share, Growth, Demand And Report 2025-2033
- Industrial Hose Market Size, Trends, Growth Factors, Latest Insights And Forecast 2025-2033
- Nutritional Bar Market Size To Expand At A CAGR Of 3.5% During 2025-2033
- What Does The Europe Cryptocurrency Market Report Reveal For 2025?
- North America Perms And Relaxants Market Size, Share And Growth Report 2025-2033
Comments
No comment