US could sanction Chinese semiconductor firms linked to Huawei

News Snapshot:

The Biden administration is now looking forward to imposing further trade sanctions on four Chinese companies associated with Huawei’s semiconductor manufacturing. This move comes in response to Huawei’s recent technological breakthrough and aims to further restrict Beijing’s artificial intelligence and semiconductor ambitions. The potential trade sanction underscores escalating tensions between the US and China and represents US efforts to curb Huawei’s influence in the global tech industry. If implemented, this measure would mark another notable escalation in the ongoing campaign to constrain China’s semiconductor capabilities. The decision would increase pressure on Huawei, a key player in China’s technological advancement, which...