Intel and Qualcomm Report Blocked Exports to China Amid Beijing’s Objections

Intel Corporation announced on Wednesday a significant expected drop in its second-quarter sales following the U.S. government’s revocation of several export licenses for a major Chinese customer. The move, which Beijing criticized as an overreach under the guise of national security, has intensified tensions between the two global superpowers. Intel, a giant in the semiconductor … Continue reading Intel and Qualcomm Report Blocked Exports to China Amid Beijing’s Objections