News Intel, Nvidia, Qualcomm Talk With US Officials About China Market

[Admin]

CEOs from the largest chip makers in the US have met with top US gov officials about the impending array of new export restrictions.

Intel, Nvidia, Qualcomm Talk With US Officials About China Market : Read more

 

[digitalgriffin]

US Govt: It's to prevent them from running atomic and war game simulations
NVIDIA/Qualcomm/Intel: But what about my executive bonus based the stock price?!?!?

 

[Charogne]

must be starting to feel the rare earth export ban by china ":

July 5 (Reuters) - China said on Monday it will impose export restrictions on gallium and germanium products used in computer chips and other components to protect national security interests.
The decision, widely seen as retaliation for U.S. curbs on sales of technologies to China, raised concerns that China might eventually limit exports of other materials, notably rare earths, whose production China dominates."
looks like you cannot continue commercial attack without retaliation at some point.

 

[LolaGT]

Corporate is and has always been about squeezing as much money out of a given thing while caring about little else, like the environment, or national security, or people's lives(unless they are shareholders)

 

[bit_user]

I have the least sympathy for Nvidia, who's already doing such brisk business they can't even keep up. I have a lot more sympathy for semiconductor tools makers, due to the downturn in that industry. However, they're already getting a nice gift in the form of the CHIPS Act.

Ultimately, corporate interests aren't very closely tied to any nation. The US government should hear their concerns and perhaps try to minimize collateral damage on their operations or profits, but their interests and what's best for the US and its people will always be somewhat at odds.

And please don't anybody trot out that tired old line about how American workers have their retirement savings invested in these companies. A lot of their stock is also owned by foreign investors, and there's nothing keeping US workers from putting their savings elsewhere.

 

[bit_user]

must be starting to feel the rare earth export ban by china ":
July 5 (Reuters) - China said on Monday it will impose export restrictions on gallium and germanium products used in computer chips and other components to protect national security interests.

No, that doesn't even affect most of those companies named in the article. Those elements are used primarily in other things, like batteries, solar panels, and more specialized semiconductors. Not CPUs and GPUs, though.

looks like you cannot continue commercial attack without retaliation at some point.

Who's to say what's an attack and what's retaliation? Ultimately, there does need to be some sort of negotiated settlement, and it needs to be a lot more durable than those which came before.