2022.10.08 17:38 GMT+8

U.S. stock market greatly impacted by its CHIPS Act against China

Updated 2022.10.08 17:38 GMT+8
CGTN

The U.S. announced new export controls against China's tech firms. The restrictions, announced by the U.S. Department of Commerce on Friday, mainly target certain chips used in supercomputing as well as tougher requirements on the sale of semiconductor equipment. The move has greatly impacted the U.S. stock market, mostly affecting tech-related businesses.

Copyright © 

RELATED STORIES