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China chip wars risk ‘enormous damage’ to US tech

May 24, 2023
Source: afr.com afr.com
News Snapshot:
Mr Huang’s comments came just days before Chinese authorities announced a ban on US memory chipmaker Micron’s products from critical infrastructure, a move seen as the first significant retaliation against Washington’s export controls. The Taiwanese-American executive warned US lawmakers to be “thoughtful” about imposing further rules restricting trade with China. “If we are deprived of the Chinese market, we don’t have a contingency for that. There is no other China, there is only one China,” Mr Huang said, adding that there would be “??enormous damage to American companies” if they were unable to trade with Beijing. Mr Huang added that...
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