China Restricts Exports Of Semiconductor Metals In Latest Escalation Of Battle With US Over AI Tech
Portfolio Pulse from Benzinga Newsbot
China has imposed export restrictions on gallium and germanium, metals critical in the production of semiconductors, 5G base stations, and solar panels. This move is seen as a counter to the U.S. and others' restrictions on high-end chips and chip-making equipment sales to China. The decision could impact U.S. companies like Intel Corporation and Advanced Micro Devices, Inc., as well as ETFs such as the VanEck Vectors Semiconductor ETF and the iShares PHLX Semiconductor ETF.
July 03, 2023 | 7:43 pm
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NEGATIVE IMPACT
Advanced Micro Devices, Inc. could be impacted by China's export restrictions on gallium and germanium, key metals in chip production.
As a major player in the semiconductor industry, AMD could face challenges in sourcing these critical materials, potentially affecting its production capabilities.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Intel Corporation could be impacted by China's export restrictions on gallium and germanium, key metals in chip production.
As a major player in the semiconductor industry, Intel could face challenges in sourcing these critical materials, potentially affecting its production capabilities.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The VanEck Vectors Semiconductor ETF could be impacted by China's export restrictions on gallium and germanium, key metals in chip production.
As an ETF focused on the semiconductor industry, SMH could see impacts due to potential disruptions in the supply chain for these critical materials.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
The iShares PHLX Semiconductor ETF could be impacted by China's export restrictions on gallium and germanium, key metals in chip production.
As an ETF focused on the semiconductor industry, SOXX could see impacts due to potential disruptions in the supply chain for these critical materials.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70