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America’s chip restrictions lead to semiconductor shortages in China, WSJ says

America’s chip restrictions are now causing shortages of advanced semiconductors in China, Lingling Wei, Amrith Ramkumar, and Robbie Whelan of The Wall Street Journal reports. The shortages are extreme enough that China has begun to intervene how the output of Semiconductor Manufacturing International is distributed, sources told the Journal. Chinese authorities are working to give priority to Huawei Technologies. Publicly traded companies in the semiconductor space include AMD (AMD), Intel (INTC), Marvell (MRVL), Microchip (MCHP), Micron (MU), Nvidia (NVDA), Qualcomm (QCOM) and Texas Instruments (TXN).

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