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Stock impact report

US is reviewing risks of China's use of RISC-V chip technology [Reuters]

Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA) 
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am Check Earnings Report
US:NYSE Investor Relations: alibabagroup.com/en/ir/home
Company Research Source: Reuters
April 23 (Reuters) - The U.S. Department of Commerce is reviewing the national security implications of China's work in open-source RISC-V chip technology, according to a letter sent to U.S. lawmakers. RISC-V, pronounced "risk five," competes with proprietary technology from British semiconductor and software design company Arm Holdings (O9Ty.F) New Tab , opens new tab . It can be used as a key part of anything from a smartphone chip to advanced processors for artificial intelligence. The technology is being used by major Chinese tech firms such as Alibaba Group Holding (9988.HK) New Tab , opens new tab and has become a new front in the strategic competition over advanced chip technology between the U.S. and China. In November, 18 U.S. lawmakers from both houses of Congress pressed the Biden administration for its plans to prevent China "from achieving dominance in ... RISC-V technology and leveraging that dominance at the expense of U.S. national and economic security." Show less Read more
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