US chip lobby presses Biden to refrain from further China curbs
The US Semiconductor Industry Association has requested the Biden administration to avoid imposing further restrictions on chip sales to China, as executives from major US semiconductor firms visit Washington DC to press their views on China polic...

The statement came as the Biden administration considers updating a sweeping set of rules imposed in October to hobble China's chip industry and a new executive order restricting some outbound investment. Reuters reported last week that the chief executives of Intel Corp and Qualcomm Inc planned to meet with government officials to discuss their views on China policy.
The statement also comes after China moved to restrict exports of raw materials such as gallium and germanium that are used in making chips. The industry group said that further rule-tightening by U.S. officials risks "disrupting supply chains, causing significant market uncertainty, and prompting continued escalatory retaliation by China."
The industry group said it wants "the administration to refrain from further restrictions until it engages more extensively with industry and experts to assess the impact of current and potential restrictions to determine whether they are narrow and clearly defined, consistently applied, and fully coordinated with allies."
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