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Reuters: Gallagher to meet with semiconductor industry to reduce chip investment in China

Reuters quoted a person familiar with the matter as saying that Gallagher, chairman of the House of Representatives Special Committee on China, told the U.S. Planned to meet with semiconductor industry group today to discuss.investChinaWaferIndustry expressed concern

Reuters reports that Congressman Mike Gallagher, an influential Republican, has urged his special committee on ChinabidenThe government should take a tough stance on exports of American technology to China.

The source said Gallagher plans to meet with the US Semiconductor Industry Association (SIA) today.

American Semiconductor Association members include major chipmakers such as NVIDIA and Intel, and their sales to China are affected by US export regulations.

The source said Gallagher plans to tell the Semiconductor Association of America that he believes the U.S. rules imposed last October to ban the sale of advanced artificial intelligence (AI) chips to China could be undermined. Must be tightened to include advanced chips.

In addition, the source also said that Gallagher also plans to talk about reducing the amount of semiconductor production equipment exported to China at the meeting with the US Semiconductor Association.

It is reported that American investment in Chinese chip companies is also a topic of discussion in the plan. The source noted that Intel, Qualcomm (Qualcomm) and other companies have venture capital arms that invest in Chinese technology companies.

Gallagher also will express concern that China’s drive to expand production capacity to produce mature process chips used in cars, washing machines and other everyday products could one day lead to China’s production of such chips, the source said. Could dump in the US market, which would drive out American manufacturers. Maturity process of businesses.

Representatives of the Semiconductor Association did not immediately respond.

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