According to reports from U.S. media, before the U.S. government rolled out its latest semiconductor export controls on China, it had faced opposition from American chip equipment manufacturers. The companies argued that the move would severely hurt the interests of American businesses, while its impact on China would be minimal. Despite these objections, the U.S. government pushed ahead with escalating tech restrictions on China, with Secretary of Commerce Gina Raimondo even hinting multiple times that American chipmakers should make sacrifices by “losing revenue”.
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