Jun. 20 at 3:20 PM
$NVDA $AVGO US equity markets have given back early gains following a report from The Wall Street Journal that a U.S. official told top global semiconductor makers he wanted to revoke waivers they have used to access American technology in China, people familiar with the matter said, a move that could inflame trade tensions.
Currently, South Korea's Samsung Electronics and SK Hynix as well as Taiwan Semiconductor Manufacturing enjoy blanket waivers that allow them to ship American chip-making equipment to their factories in China without applying for a separate license each time
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