those american clowns and their SANCTIONS SANCTIONS SANCTIONS ..
Shares of chip giants Intel and Advanced Micro Devices AMD dropped in pre-market trading on Monday after China introduced new guidelines to start using domestic semiconductors and servers in government computers as an alternative to ones produced by US companies, the Financial Times reported.
Intel experienced a 4.1% decline, while AMD slipped 3.2%, as investors were concerned about the impact the new regulation will have on the comapanies' sales.
Tech firms had alreadywarnedthat Washington's tech war against China could end upbackfiringand fuel the Chinese drive to independently develop their own IT hardware and solutions, whileUS companies would have been deprived of large profits from the largest chip market in the world.
