Guan Cha Zhe Wang·2025-06-21 07:37Group 1 - The Trump administration is attempting to tighten restrictions on semiconductor exports to China, threatening to revoke exemptions for major semiconductor manufacturers like Samsung, SK Hynix, and TSMC [1][3][4] - The U.S. Commerce Department's Jeffrey Kessler indicated that the move is part of efforts to prevent critical technology from flowing to China, although it is not seen as a new trade escalation [1][3] - The proposed revocation of exemptions could complicate operations for global chip manufacturers in China and may strain U.S.-Korea relations, as Samsung and SK Hynix have made significant investments in the U.S. [4][5] Group 2 - The Chinese government is reportedly establishing an export licensing system for rare earths and magnets in response to U.S. tariffs, which aligns with international practices and is not aimed at specific countries [3][4] - The potential revocation of exemptions has not yet been finalized, but it could further damage diplomatic and economic relations between the U.S. and China, impacting U.S. corporate interests [3][4] - Industry insiders suggest that while immediate factory closures in China are unlikely, the long-term effects could disrupt the global supply chain [5][6] Group 3 - Recent U.S. restrictions have already led to significant revenue losses for companies like NVIDIA and AMD, with NVIDIA reporting a $2.5 billion loss in Q1 and an expected $8 billion loss in Q2 due to halted sales to China [7][8] - NVIDIA's CEO has expressed concerns that continued export restrictions could allow competitors like Huawei to gain market share, potentially threatening NVIDIA's dominance in the AI semiconductor market [8]