United States Department of Commerce

The United States has initiated an investigation into China's anti-competitive actions in the semiconductor industry. The investigation is focused on “core” semiconductors and may lead to new trade restrictions.

The US Department of Commerce is introducing new rules for controlling the export of semiconductor technologies to China. The restrictions apply to 24 types of hardware, 3 types of software, and 140 Chinese companies.

The CSI Semiconductor index rose 6% after the US banned TSMC's advanced chips from being shipped to China. This may accelerate the development of China's own semiconductor production.

The White House has called on Turkey to stop exporting American goods to Russia that could be used for military purposes. The US is threatening consequences if Ankara does not take steps to stop the illegal trade.

China has significantly reduced the volume of semiconductor supplies to russia after the new US sanctions. From January to may 2024, the supply of advanced components through Hong Kong fell by 28%, and through mainland China - by 19%.