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China files WTO complaint targeting prior U.S. chip sanctions, FT reports
The Fly

China files WTO complaint targeting prior U.S. chip sanctions, FT reports

China is now criticizing the broadening U.S. export controls on semiconductors, by filing a dispute with the World Trade Organization, wrote Edward White, Demetri Sevastopulo and Eleanor Olcott for the Financial Times. China’s commerce ministry backed the measure as "legal and necessary" in defense of its "legitimate rights and interests", after the US Department of Commerce imposed semiconductor trade sanctions months ago, added the FT story, citing remarks from China’s commerce ministry. Publicly traded companies in the space include AMD (AMD), Intel (INTC), Marvell (MRVL), Microchip (MCHP), Micron (MU), Nvidia (NVDA), Qualcomm (QCOM), Texas Instruments (TXN) and TSMC (TSM). Reference Link

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