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Trump bans engineers from servicing Chinese semiconductor equipment!

$ASML (-5,28%)
$8035 (-4,38%) . $NVDA (-4,6%)

Donald Trump's government is planning to further tighten export restrictions on semiconductors to China.


In doing so, it would not only continue the measures of the Biden administration, but expand them considerably, reports Bloomberg. The aim is to slow down China's technological progress and involve key allies in the US strategy.


US officials recently met with representatives from Japan and the Netherlands to discuss new restrictions on companies such as Tokyo Electron and ASML. Specifically, the aim is to prevent engineers from these companies from maintaining semiconductor production facilities in China. This could significantly affect the production capacities of Chinese chip manufacturers.


Chinese semiconductor shares are already pulling their heads in. The FactSet China Semiconductor Index loses a whole percentage point, which does not seem too tragic given that the index is up around 50 percent for the year:


In addition, the Trump camp is aiming to further reduce the amount and type of Nvidia chips that can be shipped to China without an export license.


The Trump administration's strategy aims to have close US allies introduce export restrictions similar to those already in place for US chipmakers such as Lam Research, KLA and Applied Materials. Such a move could put further pressure on China's semiconductor industry and increase its dependence on domestic alternatives.


https://www.wallstreet-online.de/nachricht/19041012-eskalationsstufe-trump-untersagt-ingenieuren-chinesische-halbleiter-anlagen-warten

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14 Commenti

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He didn't hear the shot 🤦‍♀️
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@Semos25
It makes the whole market nervous.
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@Tenbagger2024 The worst thing is that he doesn't even realize what he is doing to the economy. Interest rates will never be lowered this way.
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@Semos25
If the economy really weakens and goes into recession, interest rates will also be lowered.
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immagine del profilo
@Tenbagger2024 I wouldn't be surprised that he is deliberately driving the economy against the wall. At least this way, as you wrote above, interest rates will be lowered.
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immagine del profilo
I think it's more ignorance. Whether it's a sales argument or deliberate deception, the tariffs are paid by Canada, for example 🤷. You only have to look at the long list of his bankruptcies or bankruptcies caused by Trump companies to realize very quickly that he is not good economically.
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immagine del profilo
No wonder Trump has been broke several times.
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immagine del profilo
@Angstundbange You just have to be able to talk well👍
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immagine del profilo
Madness if we Europeans get involved in something like this. Is he now supposed to decide when companies outside the USA are allowed to work together? Almost a god complex, this colleague.
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immagine del profilo
@Pat93 He is the self-proclaimed "King of America"...he has special rights 🤫
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@Pat93
Trump's actions will only make China even stronger.
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immagine del profilo
Acts like a KGB agent. Without regard for his own economy.
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immagine del profilo
If they continue to behave like this, there will soon be export controls to the USA
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immagine del profilo
Dutch gov and ASML so far were following US wishes about selling, servicing, ect to satisfy our ally. Since tramp is pro russian and he is introducing new tariffs on his own allies then why we as Europeans should follow what the US wants? This is one of the reasons why for my opinion this action will only create better oportunity to buy more ASML and European shares.
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