CPROD

U.S. considers crackdown on memory chip makers in China

U.S. considers crackdown on memory chip makers in China

WASHINGTON, Aug 1 (Reuters) – The United States is considering limiting shipments of American chipmaking equipment to memory chipmakers in China, including Yangtze Memory Technologies Co Ltd (YMTC), according to four people familiar with the matter. as part of an attempt to stop China’s semiconductor sector from advancing and protecting American companies. If the administration …

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Apple forecasts faster sales growth, strong iPhone demand despite glum economy

Apple forecasts faster sales growth, strong iPhone demand despite glum economy

Jul 28 (Reuters) – Apple Inc (AAPL.O) said on Thursday spare parts shortages are easing and demand for iPhones continues despite consumers curtailing other spending, helping beat Wall’s expectations. Street and forecasts faster sales growth in the future. Shares of the Silicon Valley giant rose 3.5% hours after the results were released. Although macroeconomic indicators …

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