The post US Expands Sanctions on Chinese Technology Firms – Coincu appeared on BitcoinEthereumNews.com.

Key Points: US government targets major Chinese tech firms and their subsidiaries. Negative market impact, tech stocks affected. No significant crypto sector changes observed. US expands sanctions on Chinese tech firms, impacting subsidiaries and software exports. The United States government plans to expand sanctions against Chinese technology companies, include targeting their subsidiaries, to address national security concerns. Main Content Market reactions show the S&P 500 dropping 1%. Technology stocks experienced declines, indicating investor concerns over regulatory impacts. The United States announced plans to expand sanctions on Chinese technology firms, targeting both main companies like Huawei and Yangtze Memory Technologies and their subsidiaries. The new rules introduce stricter ownership guidelines, affecting companies with at least a 50% ownership link to those already under sanction. Siemens confirmed new export controls on core software tools affecting China and its military users globally. “On May 23, the U.S. Government informed the Electronic Design Automation industry about new export controls on EDA software to China and Chinese military end users globally.” — Siemens Official Statement, Siemens Statement Immediate market responses include a significant drop in technology stocks, signaling broad investor apprehensions regarding the sanctions’ potential ramifications. The S&P 500 fell 1%, pointing to wider market implications. Limited public statements have emerged from major U.S. or Chinese tech firms. Siemens declared the U.S. has imposed new regulations impacting export activities. Reactions from governmental figures have been minimal with no official comments from the White House or significant public releases from affected companies. This strategic action potentially exacerbates tensions with China without clear diplomatic communications to alleviate market concerns. Semiconductor Market Vulnerability and Historical Context Did you know? In 2023, a previous sanction led to a substantial shift in semiconductor supply chains, marking one of the tech industry’s pivotal adjustment phases to avoid vulnerabilities. According to CoinMarketCap,…

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Filed under: News - @ May 31, 2025 12:28 am