financetom
Technology
financetom
/
Technology
/
US adds 16 entities to its trade blacklist, 14 in China
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US adds 16 entities to its trade blacklist, 14 in China
Jan 15, 2025 6:38 AM

WASHINGTON, Jan 15 (Reuters) - The Biden administration

added 16 entities to its trade blacklist on Wednesday, including

a Chinese company whose TSMC-made chip was illegally

incorporated into a Huawei artificial intelligence processor.

Sophgo and other entities linked to it were among 14

China-based companies and two Singapore-based companies added to

the U.S. Commerce Department's Entity List, according to a

federal government notice.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Taiwan central bank chief doubts Trump administration will penalise Taiwan
Taiwan central bank chief doubts Trump administration will penalise Taiwan
Nov 13, 2024
TAIPEI (Reuters) - The head of Taiwan's central bank said on Thursday that he doubted that U.S. President-elect Donald Trump's new administration would penalise Taiwan given the island's central role in the semiconductor industry. Trump unnerved Taiwan on the campaign trail by accusing it of stealing American chip business. Trump also proposed a 10% tariff on all U.S. imports and...
GRAPHIC-Take Five: Crypto bulls and euro bears
GRAPHIC-Take Five: Crypto bulls and euro bears
Nov 15, 2024
Nov 15 (Reuters) - Chip behemoth Nvidia ( NVDA ) is reporting quarterly results and global PMI data is rolling in as markets continue to digest the fallout from Donald Trump's U.S. presidential election win, with bitcoin and the euro taking centre-stage. Here's a look at the week ahead for markets from Rae Wee in Singapore, Ira Iosebashvili in New...
Thrive Capital in talks to invest about $1 bln in Databricks, Bloomberg News reports
Thrive Capital in talks to invest about $1 bln in Databricks, Bloomberg News reports
Nov 13, 2024
Nov 13 (Reuters) - Thrive Capital is in talks to acquire about $1 billion stake in analytics software maker Databricks in a deal that would value the startup at about $55 billion, Bloomberg news reported on Wednesday, citing people familiar with the matter. Thrive is expected to lead a share sale, also known as a tender offer, for the company,...
Siemens flags political risks ahead after profit falls in fourth quarter
Siemens flags political risks ahead after profit falls in fourth quarter
Nov 14, 2024
ZURICH, Nov 14 (Reuters) - Siemens reported a drop in profit at its industrial business on Thursday and said it expected slightly lower sales growth next year, citing geopolitical risks like trade conflicts and weak consumer demand. The German engineering group said its industrial profit fell 7% to 3.12 billion euros ($3.29 billion) in the three months to the end...
Copyright 2023-2026 - www.financetom.com All Rights Reserved