In a blow to Intel (INTC) and AMD (AMD), China has asked its largest telecom carriers to phase out foreign chips from their networks by 2027, according to a Wall Street Journal report. With shares of Intel and AMD sinking on the news, Yahoo Finance reporter Akiko Fujita joins Yahoo Finance to discuss the latest Chinese effort to remove America from its technology.
Despite US export controls aimed at Huawei’s semiconductor capacities, the Chinese technology company is still able to produce chips for Chinese telecom carriers. China constitutes a large share of Intel and AMD’s revenue, though only some of the demand comes from telecommunications and data centers.
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double win
China just helping USA’s initiative 🎉
US government got what he asked, and even more. Now China no longer buy chips , China start to sell chips. Fully cooperate.
tick for tat. US ban Huawei, BYD, China is copy cat
Saved the congress time so they can focus on grilling tiktok’s ceo
how do you put sanctions on your biggest market……amazing
Like I just don’t get it? 🤨☹️
China chip ?
Is cheaper and more light weight
No cia backdoor and transparant
Not bundling with useless program
Memory and kernel friendly
China strikes back 😂😂😂
The SUN is Rising in the EAST.
National Security for US sounds like a slap on the face when the opponent does exactly what they wanted.
Wait tell China sell there chip just half the price with nearly same performance. Lol.
US sanctions making ‘China great again’. Lol
Bye bye…
I feel sorry for the fate of intel and other companies 😢
Weird .. aren’t moments ago Winnie the Poo inviting US business people for “investments” ? Guess we all know what are the US companies responses now ..
China really good in copy, they are copying US’s boycott because national security policies.😅
When did Yahoo join in this Political Cold War ?
It’s over for America 🇺🇸 technology 😂
That’s funny, that sounded like how what happened to Huawei when u.s banned n instigated e.u to do the same??? Is intel n amd facing the same problem now??? China is just one country but a very potential customer. How u.s feels about it?? Huawei did very well even the banned from the west. U.s must expect what they did unto other n the other will return their favour. Poor e.u, led by a malicious exploiting country had their economies declining too.
You keep making Russia and China to pursue self sufficiency through the sanctions.
27% of Intel’s sales are China. Losing that market at the same time we enter into a severe recession is gonna force Intel to cut back on R&D. Intel’s gonna need another $20 billion from Chips act to stay in the game.
Americans were simply jealous of China’s rapid technological development and they banned chips. Look what happened
PROGRESS
“The chips were a lot more advanced than expected”. Well, other races of people are also intelligent, they can figure out how to do the same stuff…
Biden – ban China chips, US can make our own
Normal Person – Joe, we’re not talking about chocolate chip
Good so that no more Chinese products we’ll go to Asia and on west
or u will have same spec atb 1/2 price
Lol 😂they ask for it
Thanks to the USA!
look at what happened with the space stations
Karma is a chip, Karma is an issue of national security, Karma is the stock price plunge❤❤
This is actually good, for competition drives innovation. Natures way to stimulate living creatures to adapt or perish. The world does not owe you for existing, you must justify to the existence for existing. Being emotional will blind you of possibilities, cruel calculations would most likely thread the needle.
这近十年最大的变化就是国产的工业品质量提升很快、价格也很便宜。😂以前很喜欢日本货、韩国货，但现在感觉很low。
The news reader should switch from goggles to eyeglasses
Now China should ban tesla, buick, ford, cadillac and apple too.
buick, ford, cadillac no need to ban they lose market rapidly already.
iphone sale down due to Huawei mate pro 60, 70 coming out next month
China government stands with the US government.
Why so surprised? This is exactly what you asked for.
Excellent news😂😂😂
China should now ban Boeing , Airbus etc from their airlines
soon when their c919 production ram up….not long
@@jetli740 I am looking forward tho the official certification of the C919 and bigger planes
Finally, both govt agree on something & making it happen 🙂
😂😂😂😂😅😅😅😅 so sweet
😂😂😂😂 this is hilarious, all this crying. I thought you didn’t want China to have your chips 😂
This is a logical moves.
Sanctions don’t work !!
capitalist are currently happiest people, they will sold same product now for much more price that it should be, thats how politician work only for themselve and some rich people while common people have to waste their money
how will they made computer and laptop
Nvidia will be next on the list if it listen to us and not supplying China with the highest spec chips
Chips war make a body lost
Good job, 🇨🇳.
The US is preventing future chip sales to China.
China dismantled chips sold in the US in the past.
What a perfect partner.
China is striking back, if US can not contain China efficiently itself will suffer badly from declining China chip sales, US should think carefully before applying pressure on China!
US chips makers : Damn, We’re screwed.
No more money for you ! 😂
One is not selling. The other is not buying. Great collaboration. 😂😂😂. If a restaurant doesn’t sell me food, do you think I will starve myself? No, I will just cook my own food at home. China is making everything now, from cruise ship, to Chinese Space Station, to their own GPS Beidou, to EV cars, to cellphones like Huawei and Xiaomi, to their own planes COMAC such as C919 and soon C929, their own electronics, and now their own chips. Good job China for being so self reliant.
This trade war gets crazier, damn.
US sanctions and ban of technologies to China backfired now.
Show stupidity of trying to contain China. Hope others like Nato, Japan and Korea do not follow US.
Too late for south Korea and Japan. They are in this for the long haul, even it it could spell an end their economies.
So now is coming to decouple each other.Damn,that’s quick
The whole world is decoupling from the USA. People need to pay attention to this trend
双向奔赴 Go both ways
默克尔默默地点了个赞👍
Foreign-made chips? Most chips are made in Taiwan.🤔So as long as the chips are made in Taiwan, then they aren’t really foreign-made because of one China policy? Nothing really changed then?😂
nothing unusual? if US can ban Huawei, force sell Tik Tok, China can slow iPhone sales and now foreign chips.
Eventually bullying other Countries ceases to work. It is over and if the US does not get with the program we are going off a cliff. if it is even reparable at this point.
The smarter move would have been to ramp up R&D in the US and make some diplomatic and respectful moves with China that yielded some share of world dominance.
We could have at least kept a good relationship and been part of the BRICS success. At this rate we are going to be so isolated from the World Economy. Western Countries are simply not capable of competing with the Global South and East. Country after Country in the West is throwing itself on the sacrificial pyre in hopes their ashes can resuscitate a dying empire.
you don’t sell, the we don’t well, you got what you want, I just wanted to make you happy!
Did our policy maker in the White House thought throughly before having a chip war with China, it looks like boomerang effect that hit us harder than the Chinese.
Did our policy makers thought thoroughly before having a chip war with China? It looks like we got a boomerang effect on ourselves. Wow to our chip makers! The worst part is the Chinese chip manufactures can cut chip prices much lower than US, it could mean annihilation for US chip makers.
It was bound to happen. When china gets hold of a technology they kick out the people , who were helping them develop it and then they mass produce it cheaply to flood the market.
This is a bad news for global chip making stocks.
US congress has a lot of funny people. Contrary to what they are supposed to do, they make decisions to damage US economy every time they meet. Google, Yahoo, etc was banned to do business in China about 15 years ago by the US congress. Not too long after, Chinese internet companies boomed like crazy. This time, the Chip Act did the same thing again. What is next?
Yellen: China must not make their own chips, we will be mad😂
Wow wow wow wow wow America you made it congrats 🎉 you are really the winner 😊
Finally, the US got what they wished for.. ” to ban sale.of chips to China ” US micro chips now going to be potato chips..
.
US: You cannot have our high end chips but you should buy our mid-range and low end chips.
China: You can keep all of them. We can make our own.
MORE HOMELESS TO US CITIZEN 🦶🦶🦶
US don’t want to sell, China says ok we will not buy. US media China is bad 😂😂
Poor American leadership and economic threats against China has caused massive damage to the American economy.
isnt that USA gov want to see?
China phase out foriegn chips in telecom.
China homegrown chips SMIC & mass production.
China have every thing you needed and more.
Yellen Visit to China BACKFIRES. Exposes US Trade Weakness .
商场如战场
How is that “retaliate”!? Reporter is so brainwashed and keep brainwashing other people. Just pathetic
Make total sense, to ensure national security and supply continuity.
That’s literally what we refer to as: Be careful what you wish for!
Thank you Donald Trump.
Someone please send this to Trump. Of course he’s quite busy right now himself, a little caught up I might say.
Yellen and Raimondo will go to China and beg again.
Tit for Tat isn’t a fair game or is it!!! 😂😂😂😂😂
Since the Cold War, everything in China has been blocked, so self-reliance is important
That’s a good and the best move china has made the USA’s companies financial books are about to take a deep dive with job cuts beyond their imagination the ripple effect has just started biting and it’s bound to get worse let them keep on pretending that they are in control whereas they’ve been beaten at their own game.
US Chip companies: We will set up factories in China, problem solved 🙃
Consequence of our sanctions! Now, will the U.S. pay them now for their lost revenues?
But are they as good as Doritos?
The US started this. 😮
China is relentless with the innovation. I respect them . They are gonna dominate the microchip export business and will be independent country
The ball that was thrown hit him in the foot. The previous bans and restrictions ultimately resulted in the loss of a relatively small mainland market. At the same time, he turned a customer into an independent producer and competitor by threatening to cut off supply.
The boomerang that was thrown came back, and it seemed like it had just begun
Weaponizing products and services and threatening to cut off supply to your customers is something a wise person would never do.
At least congress men are happy🤣
hope thyre learned something from this
The chicken has come home to roost
If China wants to fly alone why not? EU should start to distance itself from China and see where they are going to sell them😂😂
What you all don’t understand is China will be producing 7nm and soon 5nm chips for countries that are on the US banned export list. Basically Russia and Iran for example. They will have comparable AI capabilities soon enough. They don’t need to be on US level. Just enough to be a bigger problem for them.
If you don’t use intel or amd, what are you gonna use? 20 years ago chips?
and just like that a 1 billion people market is gone…nice move US…
All in the name of national security. China govt learn fast and practise it even faster
Great move!
The old “Careful what you wish for”.