• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Taylor Sheridan Accused of Stealing ‘Yellowstone’ From 2016 Pitch

August 22, 2026

Right Wing ‘LOSERS’ Respond To Trumps Late-Night Attack

August 22, 2026

Active ETFs Now Take 42% of Every Dollar Flowing Into ETFs, Up From 26% in 2024

August 22, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Saturday, August 22
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    How to Legally Stiff-Arm Interest Charges for Almost Two Years and Pocket Thousands Like a Boss * The Gateway Pundit * by Promoted Post

    August 22, 2026

    How Important Are the Upcoming November Elections? * The Gateway Pundit * by Guest Contributor

    August 22, 2026

    Convicted Murderer Karmelo Anthony’s Terrifying School Records and More Stunning Texts are Revealed for the First Time, Including “Imma Shoot the School Up Tmr”

    August 22, 2026

    Karoline Leavitt Reveals What Her New Job Will Be After Leaving the White House * The Gateway Pundit * by Cullen Linebarger

    August 22, 2026

    “You Are 1% of This Nation…This City Is No Longer Under American Law…Enough is Enough!” – Christian Pastor Absolutely EXPLODES on Dearborn City Council During Meeting (VIDEO)

    August 22, 2026
  • Health

    Cannabis Use Disorder Is Rising— Public Health Needs To Catch Up

    August 21, 2026

    New clues emerge in direction of RFK Jr.’s vaccine policy changes

    August 21, 2026

    Ebola vaccine, Meta glasses, prostate cancer: Morning Rounds

    August 21, 2026

    What We Can Learn From Taiwan And Egypt About Ending Endemic Disease

    August 21, 2026

    Science, risks and data behind focal therapy for prostate cancer

    August 21, 2026
  • World

    Right Wing ‘LOSERS’ Respond To Trumps Late-Night Attack

    August 22, 2026

    North Korea Launches Missile Barrage After Trump’s Peace Overtures

    August 22, 2026

    CNN Host Spots Latest Sign Trump Is ‘Not Living In The Real World’

    August 22, 2026

    South America Produces 4,000 Metric Tons of Cocaine per Year, Argentine Minister Says

    August 22, 2026

    ‘Survival Mode’: Indiana Residents Endure A Ninth Day Without Power

    August 22, 2026
  • Business

    ATF Rule Could Cause Classic Showdown Between Mom And Pop Shops Versus Online Retailers

    July 10, 2026

    Costco Shows That You Can Build A Thriving Business With One Simple Trick (Pay Your Workers)

    July 9, 2026

    The Agency Elizabeth Warren Built Now Advances Trump’s Agenda

    July 9, 2026

    Meta To Shell Out Billions For New AI Data Center Outside US

    July 9, 2026

    How Big Banks Are Scheming To Jack Up Your Fees

    July 8, 2026
  • Finance

    Active ETFs Now Take 42% of Every Dollar Flowing Into ETFs, Up From 26% in 2024

    August 22, 2026

    TSMC’s $100 Billion Arizona Expansion Shows The Stock Is a No-Brainer Buy

    August 22, 2026

    3 Dividend ETFs Worth Buying Before September

    August 22, 2026

    Warren Buffett sends investors 10-word stock market warning

    August 22, 2026

    I’m 44 with $1.3 million in my 401(k) — can I stop contributing and still retire in 15 years?

    August 22, 2026
  • Tech

    Trump Explains His Support for AI Data Centers: Job Creation, Lower Taxes

    August 22, 2026

    Tech Giants Scramble to Calm Public Anger over AI Data Centers

    August 22, 2026

    TikTok Agrees to $400 Million Settlement over Child Privacy Violations

    August 22, 2026

    James Talarico Shuts Out Local News at Campaign Event

    August 22, 2026

    Darth Vader Shows Up at San Diego City Council Meeting to Mock Flock Cameras

    August 22, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Business»Intel Skirts Attempt To Stop China Chip Sales Despite Biden Admin Sanctions: REPORT
Business

Intel Skirts Attempt To Stop China Chip Sales Despite Biden Admin Sanctions: REPORT

March 12, 2024No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
CHINA-US-TRADE-DIPLOMACY-TELECOM-HUAWEI
Share
Facebook Twitter LinkedIn Pinterest Email

Top semiconductor manufacturer Intel has so far managed to continue the sale of hundreds of millions of dollars worth of chips to Chinese telecommunications company Huawei, despite sanctions from the Biden administration restricting sales, Reuters reported Tuesday.

Intel’s license, which was granted under the Trump administration, permits it to sell advanced semiconductors for use in Huawei laptops, and President Joe Biden has so far not moved to revoke the license, much to the ire of competing American chip firms like Advanced Micro Devices (AMD), according to Reuters. The U.S. and China are in the midst of a trade war, with both countries vying for an edge in the production of semiconductors due to their consumer and militaristic capabilities, with China leveraging its access to rare minerals while the U.S. maintains its intellectual property advantage. (RELATED: Top Jet Manufacturer Agrees To Pay Tens Of Millions After Export Violations Involving China)

Biden’s Commerce Department in 2023 privately told top chip companies that it would fix the discrepancy in Intel’s access to the Chinese market and publicly said that the policy around Huawei’s licensing was under review, sources familiar with the matter who are not authorized to speak publicly told Reuters. The Biden administration halted plans later that year to change licensing for unknown reasons, but the change in direction occurred as the U.S. and China looked to thaw relations.

In early 2021, AMD applied for a similar license that Intel held that would allow them to sell certain chips to China but was never given a response, sources told Reuters.

See also  ‘It’s Wrong’: Former Obama Official Rips Biden For Attending UAW Picket Line

An internal AMD presentation estimates that the licensing discrepancy has cost the company $512 million compared to Intel as of early 2023, according to Reuters. Following the uneven restrictions, the share of sales for laptops from Huawei with AMD chips fell from 47.1% in 2020 to 9.3% in the first half of 2023, compared to a change of 52.9% to 90.7% in that same timeframe with Intel chips.

In addition to pressure from chip rivals like AMD, Biden is also facing pressure from China hawks who want to cut off the country’s access to American chips to preserve the U.S.’ dominance in the technology, according to Reuters. Huawei has managed to maintain a presence in the global laptop market thanks to sustained Intel sales.

Thread

🚨Is @SmithfieldFoods’ pork from the US feeding China’s military?

During the COVID-19 outbreak, did medical supplies from the company go to Chinese soldiers?🚨

Please read & share this tweet & the linked article, thank you.@DailyCaller https://t.co/lqg5PBDhxv pic.twitter.com/zikU6levIs

— Philip Lenczycki 蔡岳 (@LenczyckiPhilip) March 1, 2024

Huawei was put on the Commerce Department’s entity list in 2019, barring it from working with American companies unless they are given special permission. In August, the Semiconductor Industry Association alleged that Huawei was secretly constructing a network of chip factories in China to evade U.S. restrictions.

The Federal Communications Commission has also banned telecommunications devices and video surveillance equipment manufactured by Huawei as well as four other Chinese companies amid national security concerns.

The Biden administration imposed new restrictions on the semiconductor industry in October 2022, blacklisting multiple Chinese companies from working with American firms to block access to sensitive chip technology.

See also  Major US Automakers Duke It Out Over Biden Admin’s EV Tax Credits

Intel declined to comment to the Daily Caller News Foundation. The Commerce Department did not immediately respond to the DCNF.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

Admin attempt Biden China Chip Intel Report sales Sanctions Skirts Stop
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

I’m 44 with $1.3 million in my 401(k) — can I stop contributing and still retire in 15 years?

August 22, 2026

JD Vance Blames Biden For $40 Trillion U.S. Debt Crisis

August 22, 2026

Labubu maker Pop Mart shares fall after sales drop in Asia, Americas

August 22, 2026

RNC Chair Blames Trump’s Bad Approval Rating On Joe Biden

August 21, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Delta Pilot Reports Close Encounter With A July Fourth Firework

July 7, 2026

FTC and 17 States Sue Amazon Alleging Monopolistic Practices

September 27, 2023

Gold price remains below $4,100 ahead of next week’s rate decision

July 25, 2026

USA Today Columnist Claims Caitlin Clark’s Complaints About Fouls May Trigger ‘White Nationalist’ Fans to Commit Violence Against Blacks

July 24, 2026
Don't Miss

Taylor Sheridan Accused of Stealing ‘Yellowstone’ From 2016 Pitch

Entertainment August 22, 2026

Writer Lauren J. Salkin has accused Taylor Sheridan of stealing his marquee series “Yellowstone” from…

Right Wing ‘LOSERS’ Respond To Trumps Late-Night Attack

August 22, 2026

Active ETFs Now Take 42% of Every Dollar Flowing Into ETFs, Up From 26% in 2024

August 22, 2026

How to Legally Stiff-Arm Interest Charges for Almost Two Years and Pocket Thousands Like a Boss * The Gateway Pundit * by Promoted Post

August 22, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,399)
  • Entertainment (6,417)
  • Finance (4,694)
  • Health (2,775)
  • Lifestyle (1,921)
  • Politics (4,327)
  • Sports (5,126)
  • Tech (2,546)
  • Uncategorized (4)
  • World (6,549)
Our Picks

Where to watch Grant Park 220 at Chicago Street Course qualifying? Time, TV schedule & live stream

June 29, 2023

Goldman Sachs Japan chief to retire at year end – internal memo

November 20, 2023

Failing is More Important Than Succeeding

March 3, 2023
Popular Posts

Taylor Sheridan Accused of Stealing ‘Yellowstone’ From 2016 Pitch

August 22, 2026

Right Wing ‘LOSERS’ Respond To Trumps Late-Night Attack

August 22, 2026

Active ETFs Now Take 42% of Every Dollar Flowing Into ETFs, Up From 26% in 2024

August 22, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.