US Revokes Intel and Qualcomm Licenses to Sell Chips to Huawei
Today we saw a move to really further tighten those export restrictions and not allowing Huawei to have access to Qualcomm or Intel chips any further. And we’ve seen these restrictions continue. But this was another round of this according to people familiar with the matter. But then we heard from Michael McCall, the chairman of the House Foreign Affairs Committee, who confirmed this, who said they’re really trying to tighten these restrictions and allow no chips, no American made chips to get to Huawei. Making it very difficult for them to make this advanced technology.