Top executives from major U.S. chip companies have advised Biden officials to carefully assess the consequences of export restrictions to China and suggested pausing before implementing any new measures.
During meetings in Washington last week, Intel Corporation’s (NASDAQ: INTC) Pat Gelsinger, NVIDIA Corp.’s (NASDAQ: NVDA) Jensen Huang and Qualcomm Inc.’s (NASDAQ: QCOM) Cristiano Amon said that export controls risk harming U.S. leadership in the industry, Bloomberg reported.
