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

HIVE brings in enterprise veteran to scale BUZZ HPC’s AI cloud business

September 11, 2026

NBC Boston HARASSES Lone Black Holdout Juror in Clancy Murder Trial, Digs Into His Court Records, Contacts Landlord, Interviews Family Members * The Gateway Pundit * by Cristina Laila

September 11, 2026

Elon Musk Expresses Skepticism over Viral AI Doom Prediction

September 11, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Saturday, September 12
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    NBC Boston HARASSES Lone Black Holdout Juror in Clancy Murder Trial, Digs Into His Court Records, Contacts Landlord, Interviews Family Members * The Gateway Pundit * by Cristina Laila

    September 11, 2026

    Trump’s Promise Of $5,000 Checks Is Already Dead

    September 11, 2026

    That’s It?! Here is Video of the Armed Man ‘Lunging’ at Democrat Ohio Gubernatorial Candidate Amy Acton * The Gateway Pundit * by Cristina Laila

    September 11, 2026

    British MPs Vote AGAINST Assisted Suicide Bill in Victory for Life (VIDEOS) * The Gateway Pundit * by Paul Serran

    September 11, 2026

    The US President Announced a $5,000 Bonus to All Working Americans – Here’s How It Works (VIDEO) * The Gateway Pundit * by Jim Hoft

    September 11, 2026
  • Health

    Medicaid offers simplified way to handle ‘medical frailty’ exemptions

    September 11, 2026

    Cyclospora outbreak: U.S. officials declare end; origin still unknown

    September 11, 2026

    $500 Obamacare, platinum chemo, ADA boycott: Morning Rounds

    September 11, 2026

    New ‘Queen of Hearts’ AI aims to detect hidden-blockage heart attacks

    September 11, 2026

    Lifesaving childhood chemotherapy raises risk of cancer later in life

    September 10, 2026
  • World

    More Action Against Gangs in One Month Than in Past Years

    September 11, 2026

    Ted Cruz’s GOP Convention Speech Interrupted By Chilling Call From The Crowd

    September 11, 2026

    Cuban Regime Indoctrinating Kids with False 2021 Anti-Communism Protest Narrative

    September 11, 2026

    Jimmy Kimmel Spanks Trump With Humiliating ‘Diaper’ Punchline

    September 11, 2026

    London Doubles Down on Decision to Impose Sanctions on Israel

    September 11, 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

    HIVE brings in enterprise veteran to scale BUZZ HPC’s AI cloud business

    September 11, 2026

    172-year-old bank sees 400% upside for ‘federal bank’ token

    September 11, 2026

    Rates shoot up ahead of CPI data

    September 11, 2026

    Morningstar on SanDisk’s 2,107% Year

    September 11, 2026

    AI, Robotics and the Coming Economic, Military, and Political Revolutions

    September 11, 2026
  • Tech

    Elon Musk Expresses Skepticism over Viral AI Doom Prediction

    September 11, 2026

    EXCLUSIVE — Silicon Valley Democrat Turned Trump Supporter Warns Chinese AI Could Shape Americans Through ‘Millions of Small Distortions that Nobody Notices’

    September 11, 2026

    FBI Detects Argentina Teenager Using ChatGPT to Plan School Shooting

    September 11, 2026

    China Pushes Back Against American Allegations of ‘Malicious’ AI Theft

    September 11, 2026

    BOKHARI: Anthropic’s Self-Serving Doomsday Narrative

    September 11, 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  Nissan, Renault plan India reboot with $600 million investment in new models

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  Biden Vowed To Protect American Steel — But Another Effort Of His Could Destroy It

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

London Doubles Down on Decision to Impose Sanctions on Israel

September 11, 2026

China Pushes Back Against American Allegations of ‘Malicious’ AI Theft

September 11, 2026

China Rants After Marco Rubio Questions Communist Regime Projects in Peru

September 11, 2026

China Seethes over Creation of Panama-Taiwan Lawmakers Friendship Group

September 11, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Disney Uses Jimmy Kimmel and Our Public Airwaves to Lecture Against Spencer Pratt

May 29, 2026

Left-Wing Rolling Stone Founder Jann Wenner Booted from Rock Hall of Fame for Racist Comments

September 17, 2023

Supreme Court cancels Biden’s student loan plan — and uses Nancy Pelosi’s own words to bolster ruling

June 30, 2023

‘A Monumental Decline’: Bud Light Sales Reportedly Keep Plunging As Dylan Mulvaney Fallout Continues

May 31, 2023
Don't Miss

HIVE brings in enterprise veteran to scale BUZZ HPC’s AI cloud business

Finance September 11, 2026

HIVE Digital Technologies, a Canada-based Bitcoin miner and data center operator that trades on the…

NBC Boston HARASSES Lone Black Holdout Juror in Clancy Murder Trial, Digs Into His Court Records, Contacts Landlord, Interviews Family Members * The Gateway Pundit * by Cristina Laila

September 11, 2026

Elon Musk Expresses Skepticism over Viral AI Doom Prediction

September 11, 2026

Miami Beats Florida A&M So Badly They Ended the Game Early

September 11, 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 (6,797)
  • Finance (4,949)
  • Health (2,862)
  • Lifestyle (1,931)
  • Politics (4,566)
  • Sports (5,253)
  • Tech (2,660)
  • Uncategorized (4)
  • World (7,002)
Our Picks

Stocks, yields rise as traders balance China, oil supply

August 21, 2023

Video shows Texas mom rushing to put kitchen knife to throat of man allegedly trying to kidnap her 2-year-old daughter

June 8, 2023

Is Shohei Ohtani going to the Braves? Examining rumors linking two-way phenom to former World Series champions

July 25, 2023
Popular Posts

HIVE brings in enterprise veteran to scale BUZZ HPC’s AI cloud business

September 11, 2026

NBC Boston HARASSES Lone Black Holdout Juror in Clancy Murder Trial, Digs Into His Court Records, Contacts Landlord, Interviews Family Members * The Gateway Pundit * by Cristina Laila

September 11, 2026

Elon Musk Expresses Skepticism over Viral AI Doom Prediction

September 11, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

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