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Alibaba Scraps Cloud Unit Spinoff, Citing Washington’s Chip Curbs

Nov. 16, 2023 10:10 am ETSINGAPORE—Washington’s latest curbs on the export of high-performance chips to China are beginning to bite.Alibabaon Thursday said it had scrapped its plan to spin off and list its cloud-computing division, citing the impact of the export controls that took effect late last month. The restrictions “may materially and adversely affect” the cloud business’s ability to offer products and services and to perform under existing contracts, Alibaba said, adding that it would focus on the division’s

Apple, Samsung, HP Halt India Laptop Imports After Sudden Curbs

Apple, Samsung Electronics and HP are among the biggest names freezing new imports of laptops and tablets to India after the South Asian country abruptly banned inbound shipments without a license.Regulators on Thursday surprised the world's biggest PC makers when they made licenses mandatory for import of electronics from small tablets to all-in-one PCs without a license. Laptop makers had been bracing for some government measures aimed at reducing reliance on imports and boosting local production, but the sudden…

Nvidia Says US Advanced Timeline for Export Curbs of AI Chips to China, Other Countries

Chip designer Nvidia said new US export curbs that block the sale of its high-end artificial intelligence chips to China came into effect on Monday as regulators advanced the timeline.The restrictions were supposed to come into play 30 days from October 17 when the Biden administration unveiled measures to stop countries, including China, Iran and Russia, from receiving advanced AI chips designed by Nvidia and others. Nvidia does not expect a near-term impact on its earnings from this move, it disclosed in a filing on…

chip ceos china us: Chip CEOs urge US government to study impact of China curbs, take pause before further regulations

Leaders of the largest US chipmakers told Biden officials this week that the administration should study the impact of restrictions on exports to China and pause before implementing new ones, according to people familiar with their discussions.During meetings in Washington on Monday, Intel Corp.’s Pat Gelsinger, Nvidia Corp.’s Jensen Huang and Qualcomm Inc.’s Cristiano Amon warned that export controls risk harming US leadership of the industry. The Biden officials listened to the presentations but didn’t make any…

china: US chip lobby presses Biden to refrain from further China curbs

The US-based Semiconductor Industry Association trade group on Monday called on the Biden administration to "refrain from further restrictions" on chip sales to China as chief executives from the biggest U.S. semiconductor firms planned to visit Washington this week to press their views on China policy.The statement came as the Biden administration considers updating a sweeping set of rules imposed in October to hobble China's chip industry and a new executive order restricting some outbound investment. Reuters reported…

social media companies: Court blocks curbs on US government contact with social media companies for now

A U.S. appeals court on Friday temporarily blocked a lower court order that had sharply limited certain Biden administration officials' and agencies' contacts with social media companies.The ruling from the New Orleans-based 5th U.S. Circuit Court of Appeals means that the administration is not bound, for now, by a July 6 order by U.S. District Judge Terry Doughty in Monroe, Louisiana. Doughty had found that officials' efforts to limit the spread of posts they considered to be misinformation on social media violated the…

treasury: Yellen says Washington might ‘respond to unintended consequences’ for China due to tech export curbs

Treasury Secretary Janet Yellen on Sunday said she agreed Washington will listen to Chinese complaints about security-related curbs on U.S. technology exports and might "respond to unintended consequences" as she ended a visit to Beijing aimed at reviving strained relations.Yellen defended "targeted measures" on trade that China's leaders complain are aimed at hurting its fledgling tech industries. She said the Biden administration wants to "avoid unnecessary repercussions" but gave no indication of possible changes.…

china: China’s Xi urges greater innovation amid tech curbs from US

China's President Xi Jinping, on an inspection tour of a major industrial province, renewed his call for greater innovation and technological self-reliance, as the United States intensifies curbs on Chinese access to advanced technologies. China should accelerate the upgrades of key technologies and core products, state-run Xinhua news agency reported on Friday, citing Xi during his visit to a company's high-tech manufacturing zone in eastern Jiangsu province. "With the rapid development of information technology and the…

New Export Curbs on Chip Technology Published by Netherlands

Dutch semiconductor companies will have to seek government permission before they can sell some types of chip-making equipment abroad. Dutch semiconductor companies will have to seek government permission before they can sell some types of chip-making equipment abroad. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their…