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0.00010410702201854 -0.000416428088074606 -0.00065066888761647 -0.00184789964083087 -0.0015513299672064 -0.00112383530269119 -0.00156160533027959 -0.00369579928166159
Stock impact report

US lawmakers press top chip equipment makers for details on China sales [Yahoo! Finance Canada]

Applied Materials, Inc. (AMAT) 
Last applied materials, inc. earnings: 2/12 04:01 pm Check Earnings Report
"We understand that some (toolmakers) believe we should limit the expansion of...future unilateral U.S. controls, due to perceived impacts on the competitiveness of this sector," the lawmakers wrote. "However, enhanced export controls simply are not mutually exclusive with a robust and thriving (toolmaking) industry," they added. U.S. firms KLA, LAM, Applied Materials, as well as Japan-based Tokyo Electron and Dutch ASML did not immediately respond to requests for comment. But the letters come amid opposition even from Democrats to the Biden administration's long-delayed next round of export regulations, aimed at further stymying Beijing's access to toolmaking equipment. Washington fears that progress in Chinese chipmaking capabilities, fueled by U.S., Dutch and Japanese equipment sales, is fueling the modernization of China's military. But it has struggled to bring allies Japan and the Netherlands on board with another round of upcoming measures, leading U.S. industry to fea Show less Read more
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