SMIC, China's largest chipmaker, plunges 19% after U.S. says it could blacklist the firm - WWT9

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Monday, 7 September 2020

SMIC, China's largest chipmaker, plunges 19% after U.S. says it could blacklist the firm

SMIC relies on American chipmaking equipment. If it were to be added to the Entity List, that could make it more difficult for the company to obtain the gear needed to develop its capabilities and hurt production. 

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