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<ul><li>The U.S government’s escalated chip export restrictions has triggered a sell-off of onshore Chinese semiconductor stocks as they are expected to prevent domestic chip manufacturers and designers from accessing key components.</li><li><p>The Biden administration issued a series of policies last week aimed at slowing Beijing’s push to develop its own chip industry, adding more companies to a trade blacklist and imposing new restrictions on related technologies.</p></li><li><p>The action is expected to dent production at China’s domestic semiconductor foundries, which rely on U.S. companies for some components, industry insiders said.</p></li></ul>

The U.S government’s escalated chip export restrictions has triggered a sell-off of onshore Chinese semiconductor stocks as they are expected to prevent domestic chip manufacturers and designers from accessing key components.The Biden administration issued a series of policies last week aimed at slowing Beijing’s push to develop its own chip industry, adding more companies to a trade blacklist and imposing new restrictions on related technologies.The action is expected to dent production at China’s domestic semiconductor foundries, which rely on U.S. companies for some components, industry insiders said.

Chinese Semiconductor Stocks Nosedive as U.S. Tightens Chip Export Controls

China

NAURA Technology Group Co., Ltd. is an integrated high-tech company, which manufactures electronics equipments and components, including IC equipments, hybrid integrated circuits and combines with R&D, sales, and services.

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