Global Chip Industry Faces Trade Tensions and Increased Spending

TL;DR Summary
China has called on the World Trade Organization (WTO) to scrutinize US-led technology export restrictions aimed at curbing its ability to make advanced chips. Chinese representatives told a WTO meeting this week that Japan, the Netherlands and the United States should report their plans and subsequent measures to the body, which it urged to step up supervision on the matter. The US has previously said its actions relate to national security grounds and should not be subject to review by the WTO.
- China urges stronger WTO monitoring of US-led chip export curbs Reuters
- Japan to increase chip-gear spending by 82%, higher than any nation Fox Business
- Nvidia, Intel, Micron Fall After China Calls Foul on Japanese Chip Restrictions Barron's
- Why US Wants Japan Joining Netherlands to Curb China's Chip Ambitions Bloomberg
- China urges the World Trade Organization to sift U.S.-led chip export curbs CNBC
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