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How U.S. chipmakers pressed Trump to ease China's Huawei ban [Los Angeles Times (CA)]

Intel Corporation (INTC) 
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
How U.S. chipmakers pressed Trump to ease China's Huawei ban President Trump’s decision to allow U.S. companies to continue selling to Huawei Technologies Co. followed an extensive lobbying campaign by the U.S. semiconductor industry that argued the ban could hurt America’s economic and national security. In multiple high-level meetings and a letter to the Commerce Department, the companies argued for targeted action against Huawei instead of the blanket ban the Trump administration imposed in May. That includes identifying specific technologies that the Chinese company shouldn’t be given access to, while allowing U.S. firms to supply the rest. The Semiconductor Industry Assn. — a trade group that represents companies such as Intel Corp., Broadcom Inc. and Qualcomm Inc. — told the Trump administration that its sanctions against the Chinese company will make them appear to be unreliable partners, which will put them at a severe disadvantage globally. Representatives of chipmakers last Show less Read more
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