After the US imposed punitive penalties on Huawei two years ago, the Chinese technology company's income fell
it lost its dominance in network equipment and smartphones, and its founder warned employees that the company's future was in jeopardy.
The whole Chinese semiconductor sector is now prepared for similar suffering as Washington expands the use of the same weapons used against Huawei.
According to new export restrictions published on Friday, US-made chips used in AI, HPC
supercomputers may only be supplied to China with an export licence, which will be exceedingly challenging to get.
Chinese chip businesses are considerably more anxious about US people being prevented from supporting them by Washington.