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Asian chipmakers plunge after U.S. unveils China export controls - Vimarsana News

Asian chipmakers plunge after U.S. unveils China export controls

Chipmakers plunged in Asian trade Tuesday over new U.S. measures to limit China's access to high-end semiconductors with military uses, a move that wiped billions from companies' valuations worldwide. The announcement on Friday marked the latest volley in a long-running standoff between the two superpowers that has seen them face…

Asian Chipmakers: Taiwan Semi, Samsung Retreat - Vimarsana News

Asian Chipmakers: Taiwan Semi, Samsung Retreat

Asian chipmakers also plummeted, mirroring the decline of U.S. semiconductor stocks due to Biden's restriction of tech exports to China.