On June 20, NVIDIA’s stock fell more than 1.5%, while TSMC fell 1.90%. Earlier, according to the Wall Street Journal, the United States is preparing to take action against its allies’ chip factories in China, as part of a broader crackdown on technology exports to China. The U.S. plans to revoke the exemption licenses for companies such as Samsung, SK Hynix, and TSMC, which currently allow them to use U.S. technology in their Chinese factories without having to apply for permits on a case-by-case basis.
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Nvidia's stock price fell more than 1.5%, and TSMC fell 1.90%.
On June 20, NVIDIA’s stock fell more than 1.5%, while TSMC fell 1.90%. Earlier, according to the Wall Street Journal, the United States is preparing to take action against its allies’ chip factories in China, as part of a broader crackdown on technology exports to China. The U.S. plans to revoke the exemption licenses for companies such as Samsung, SK Hynix, and TSMC, which currently allow them to use U.S. technology in their Chinese factories without having to apply for permits on a case-by-case basis.