US stocks today: US orders multiple chip equipment companies to halt some shipments to China’s No. 2 chipmaker Hua Hong

    The U.S. Department of Commerce last week ordered multiple chip equipment companies to halt certain tool shipments to China‘s second-largest chipmaker, Hua Hong, its latest action to slow the country’s development of advanced chips, according to two people familiar with the matter. The department sent letters to at least a handful of companies informing them…

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    CEO of China's biggest chipmaker has a memory chip warning: ‘People don’t dare…'

    CEO of China’s biggest chipmaker has a memory chip warning: ‘People don’t dare…’

    China’s largest contract chipmaker, Semiconductor Manufacturing International Corp (SMIC), is worried about a growing shortage of memory chips. According to a report by the news agency Reuters, the company has claimed that the memory chip shortage is causing customers to hesitate in placing orders for other types of chips as well. During an earnings call,…

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