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Dollar Drops, Treasuries Gain Before US CPI Data: Markets Wrap

(Bloomberg) -- Treasury yields and the dollar fell before crucial US inflation data that investors will scrutinize for clues on the Federal Reserve’s next move on interest rates. Most Read from BloombergJPMorgan Is in a Fight Over Its Client’s Lost $50 Million FortuneAbu Dhabi Is the World’s Newest Wealth Haven for BillionairesRaimondo Vows ‘Strongest Possible’ Action on Huawei’s Chip BreakthroughHarvard’s Deepening Disunity Pits Alumni Against Fa...
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Source: yahoo.com

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New Prohibition on Federal Purchases of Certain Semiconductor Products and Services | Akin Gump Strauss Hauer & Feld LLP

On December 23, 2022, President Biden signed the James N. Inhofe National Defense Authorization Act for Fiscal Year 2023 (NDAA) into law. The statute prohibits federal agencies from...
United States Semiconductor Manufacturing International Corporation Akin Gump Strauss Hauer Feld Bureau Of Investigation Yangtze Memory Technologies Corp National Intelligence

FY 2023 NDAA Muddies The Water On Whether Chinese Semiconductor Ban Will Apply To Contractors - Constitutional & Administrative Law

Last month, we wrote about a proposed amendment to the FY 2023 National Defense Authorization Act ("NDAA") that would prohibit contractors from selling certain Chinese semiconductor...
China General Semiconductor Manufacturing International Corporation National Defense Authorization Act Semiconductor Ban Yangtze Memory Technologies Corp Senate Armed Services Committee
Source: mondaq.com

US blacklists more Chinese tech firms

The Biden administration on Thursday added Chinese memory chipmaker Yangtze Memory Technologies Co Ltd (YMTC) and 21 "major" Chinese players in the artificial intelligence chip sector to a trade blacklist, broadening its crackdown on China's chip industry.
United States China General Yangtze Memory Technologies Co Ltd Huawei Technologies Co Ltd Commerce Department On Semiconductor Manufacturing International Corp

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