31/07/2022

The control of Huawei may be relaxed! Biden intends to appoint a semiconductor person as the head of BIS!

By micohuang

According to tweeting big V @Bill Bishop citing Doug Fuller’s blog, the Biden administration intends to appoint a semiconductor industry person as the head of BIS! Or will reduce control of Huawei and Chinese semiconductors!

The control of Huawei may be relaxed! Biden intends to appoint a semiconductor person as the head of BIS!

Screenshot from Doug Fuller’s blog:

According to well-informed sources, the Biden administration has decided to appoint a person close to the U.S. semiconductor industry to head the Commerce Department’s Bureau of Industry and Security (BIS). This position is crucial because BIS is responsible for the Entity List. After my conversations with this future BIS head, I believe this appointment heralds a dramatic reduction in semiconductor control over Huawei and others! With such an appointment, the 20% surge in U.S. semiconductor capital equipment shares last week has proven to be more than just irrational exuberance.

  

  

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