U.S. cracks down on global chip exports to Huawei, China retaliation eyed

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U.S. stock index futures slipped on Friday after the Trump administration moved to block shipments of semiconductors to China's Huawei Technologies from global chipmakers, a move that could ramp up trade tensions between Washington and Beijing......»»

Futures Tumble After US Restarts Trade War With C.....»»

Taiwan Semiconductor Manufacturing Co Ltd , the biggest contract chipmaker, said it plans to build a $12 billion factory in Arizona in an apparent win for the Trump administration's efforts to wrestle global tech supply chains back from China......»»

Overseas shipments in April rose 3.5% from a year earlier.....»»

U.S. Secretary of State Mike Pompeo on Friday said China's role in the global coronavirus pandemic is likely to force countries to rethink their telecommunications infrastructure, including the adoption of China-based Huawei's 5G networks......»»

The global coronavirus health crisis looks set to keep trade under pressure over coming months.....»»

A Huawei Technologies Co Ltd [HWT.UL] executive on Tuesday described as "unfortunate" plans by the U.S. government to curb the Chinese telecom equipment maker's access to global chip supplies......»»

Global chip sales momentum stalled in February due a falloff in demand from China as the COVID-19 pandemic spread, according to the Semiconductor Industry Association late Friday. While worldwide February sales rose 5% to .....»»

Global chip sales momentum stalled in February due a falloff in demand from China as the COVID-19 pandemic spread, according to the Semiconductor Industry Association late Friday. While worldwide February sales rose 5% to .....»»

China's ports and shipping firms are bracing for a second wave of supply chain disruptions that may be deeper and more prolonged than during the country's coronavirus lockdown as the global spread of the virus chokes off international demand......»»

China's Huawei Technologies reported its smallest annual profit increase in three years, hurt by weak overseas sales amid an intensifying U.S. campaign to restrict its global expansion due to security concerns......»»

Oil prices jumped by 5% on Tuesday after the biggest one-day rout in nearly 30 years, as investors eyed the possibility of economic stimulus, although early gains were pared on demand concerns over the global spread of the coronavirus......»»

China's exports contracted sharply in the first two months of the year, and imports slowed, as the health crisis triggered by the coronavirus outbreak caused massive disruptions to business operations, global supply chains and economic activity......»»

Huawei has placed more chip orders with fabs in China, including TSMC's 12-inch wafer plant in Nanjing and SMIC's facilities, over the past half year, according to industry sources......»»

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The blue-chip Dow Jones Industrial Average index briefly fell more than 1,000 points on Monday, as investors dumped riskier assets after a jump in coronavirus cases outside China fueled global growth worries......»»

As the epidemic slows exports from the global manufacturing hub, the higher prices for everything from tubes to metal pieces could further dent earnings......»»

A meeting of U.S. government officials to discuss further curbs on exports to Huawei and China is still on for Thursday, two sources said, despite a pushback from President Donald Trump against stricter limits on shipments of U.S. products overseas......»»