Gaming PC

Intel, Nvidia, Qualcomm Talk With US Officials About China Market

U.S. semiconductor industry chief executives met Monday with top economic and national security officials from the U.S. government. The theme of the discussion was that sanctions against China would become tougher, meaning that chip makers’ sales to the country would face friction.

According to a report from Reuters, bloomberg and forbes , CEOs of Intel, Nvidia, Qualcomm and others met directly with Biden administration officials. Commerce Secretary Gina Raimond, National Economic Council Director Lael Brainard, and National Security Council Director Jake Sullivan were part of the delegation. Apparently, representatives of tech company CEOs are a powerful lobbying force against trade restrictions and trade barriers. When it comes to trade restrictions, new tougher measures are due to be applied by the US in the coming weeks, and things could get even worse.

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