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The three major chip giants in the United States have been exploded and pressured...

Publication Time:2023-6-17 16:29:50 Reading Volume: Source: SHENZHEN WDJ SEMICONDUCTORS TECHNOLOGY CO.,

The pressure of US lawmakers on US companies on China-related chips continues. The British "Financial Times" revealed on the 12th that the US House of Representatives "US-China Strategic Competition Special Committee" is increasing the review of the interests of US chip manufacturers in China, and has asked the chief executives (ceos) of three US chip giants to testify before Congress.
The report, citing multiple people familiar with the matter, said the committee sent letters to Intel, Nvidia and Micron this week asking their ceos to testify before Congress. "The move marks a shift for the committee." The U.S.-China Select Committee on Strategic Competition has not summoned ceos from any industry for hearings since its inception.

After the ceos of Intel, Nvidia and Qualcomm lobbied the Biden administration last year to drop new restrictions on exports to China, the bipartisan committee of lawmakers increasingly wants executives from the chip giants to testify before Congress, people familiar with the matter said. Intel, Nvidia and Micron declined to comment on the subpoenas.

In response to the committee's move, Emily Kilcress, a trade and sanctions expert at the Center for a New American Security (CNAS), a US think tank, said the committee was using its position to "exert political pressure on companies with significant operations or sales [markets] in China".

The ceos of Intel, Nvidia and Qualcomm went to Washington last July to try to convince officials in the Biden administration that plans to tighten restrictions on semiconductor exports to China would cause long-term damage to the US industry.

At the time, Bloomberg reported that Intel CEO Pat Kissinger told National Security Adviser Sullivan, Secretary of State Blinken and other officials that further restricting Intel's business in China would jeopardize one of Biden's key policies to "bring chip production back to the United States." Pat Kissinger said that without orders from Chinese customers, the need for projects such as Intel's planned factory in Ohio would be much reduced. Nvidia CEO Jen-Hsun Huang said limiting the sale of his company's chips in China would only make alternative products more popular. Mr Huang also said in an interview with the Financial Times last year that US chip restrictions on China would cause "huge" harm to the US technology industry and that semiconductor export controls had left Nvidia "hamtied".


 "The US often talks about 'international rules', but what it really does is ignore and break the rules."  The US has also coerced some countries into suppressing relevant Chinese companies, which has nothing to do with security and is a typical act of economic coercion.

"Facts clearly show that the US is trying to suppress the development of China's chip industry, not out of 'national security' considerations, let alone legitimate competition, but unilateral bullying without any principle or bottom line, depriving emerging markets and developing countries of their right to pursue a happy life."  This self-serving approach is bound to shoot itself in the foot.

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