OTC Stockz
No Result
View All Result
Monday, March 27, 2023
  • Login
  • Home
  • OTC Stocks
  • Micro Caps
  • Stocks
  • Cryptocurrency
  • NFTs
  • Education
  • Home
  • OTC Stocks
  • Micro Caps
  • Stocks
  • Cryptocurrency
  • NFTs
  • Education
OTC Stockz
No Result
View All Result
Home Stock Market

U.S., UK export controls hit China’s access to Arm’s chip designs -FT By Reuters

by OTC Stockz
December 14, 2022
in Stock Market
Reading Time: 2 mins read
0 0
A A
0
U.S., UK export controls hit China’s access to Arm’s chip designs -FT By Reuters
Share on FacebookShare on Twitter

(Reuters) – Chinese tech giant Alibaba (NYSE:BABA) Group Holding Ltd cannot buy some of the most advanced chip designs after the SoftBank-owned British chip tech firm Arm Ltd determined that U.S. and Britain would not approve licences to export technology to China, the Financial Times reported on Wednesday.

This is the first known time that Arm has decided it could not export its most cutting-edge designs to China, the report said, citing people familiar with the matter.

The British chip tech firm concluded that the United States and Britain would not approve the sale of its latest Neoverse V series because the performance was too high, the report added.

Alibaba did not immediately respond to Reuters’ request for comment.

Arm said it was fully-compliant with the latest export controls, and “for Alibaba and other China partners, we have a process in place to deliver optimized solutions that address their performance requirements”.

The development comes two months after the United States published a sweeping set of export controls, including a measure to cut China off from certain semiconductor chips made anywhere in the world with U.S. tools, vastly expanding its reach to slow Beijing’s technological and military advances.

The Biden administration also plans to place Chinese chip maker Yangtze Memory Technologies and 35 other Chinese firms on a trade blacklist that would prevent them from buying certain American components, Bloomberg News reported on Tuesday.

Arm launched its next generation of data center chip technology called Neoverse V2 earlier this year to meet the explosive growth of data from 5G and internet-connected gadgets.

Over the past year, Arm has released several new core designs, including Neoverse N2 and Neoverse V1 and V2, the latter of which are the highest- performance cores to date, the report said.

Chinese companies have been blocked from purchasing Neoverse V2 and its previous generation V1 because of the U.S. and British export controls that are connected to technologies listed under Wassenaar, an agreement that limits the movement of “dual-use” technologies sought for both peaceful and military purposes, FT said, citing people briefed on the reasoning behind the move.

Source link

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

As you found this post useful...

Follow us on social media!

No Result
View All Result
  • Trending
  • Comments
  • Latest
Over the counter stocks (OTC Stock)

The role of market makers in over the counter stocks (OTC Stocks)

March 6, 2023
5 Common Mistakes to Avoid When Investing in Over the Counter (OTC) Stocks

5 Common Mistakes to Avoid When Investing in Over the Counter (OTC) Stocks

February 27, 2023
Why Are Stocks Down Today?

The Future of OTC Stocks: Navigating the Changing Landscape of Over-the-Counter Investments

February 13, 2023
Over the counter stocks (OTC Stock)

The Benefits of Investing in Over-The-Counter (OTC) Stocks

February 10, 2023
Over the counter stocks (OTC Stock)

Breaking Down the World of Over-the-Counter Stocks (OTC Stock): A Comprehensive Guide

February 10, 2023
In the penny stock market, Xcelerate, Inc. (OTC: XCRT) is emerging as a top Healthcare Services stock to watch in 2022. 

Fabian Urquijo Joins the Advisory Board of Xcelerate, Inc. (OTCMKT: XCRT)

February 2, 2023
OTC Markets Group Welcomes M.O.B.A. Network to OTCQX

Drive Shack Inc. Joins the OTCQX Best Market

January 31, 2023
New York Considers Bill to Establish Cryptocurrency as a Form of Payment for State Agencies

New York Considers Bill to Establish Cryptocurrency as a Form of Payment for State Agencies

January 30, 2023
OTC Stockz

Get the latest news and follow the coverage of OTC Stocks, Micro Caps, Cryptocurrency, NFTs and more from the top trusted sources.

CATEGORIES

  • Cryptocurrency
  • Micro Caps
  • NFTs
  • OTC Stocks
  • Stock Market
  • Stock Market Education
  • Trending
  • Writers Analysis

LATEST UPDATES

  • The role of market makers in over the counter stocks (OTC Stocks)
  • 5 Common Mistakes to Avoid When Investing in Over the Counter (OTC) Stocks
  • Home
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 OTC Stockz.
OTC Stockz is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • OTC Stocks
  • Micro Caps
  • Stocks
  • Cryptocurrency
  • NFTs
  • Education

Copyright © 2022 OTC Stockz.
OTC Stockz is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Verified by MonsterInsights