8 July 2025 U.S. Semiconductors and Semiconductor Capital Equipment U.S. Semiconductors - Time to awaken from tariff slumber? Stacy A. Rasgon, Ph.D. +1 213 559 5917 stacy.rasgon@bernsteinsg.com Japan and South Korea are the US's largest trading partners in the group. In 2024 the US imported $148B in goods from Japan (~5% of total imports), and $132B from South Korea (~4%) (Exhibit 3). The largest (broad) categories of goods imported into the US from Japan and South Korea are "semi-heavy," namely vehicles, m ...

The chipmaker still has irons in the fire.Navitas Semiconductor (NVTS 1.74%), a producer of gallium nitride (GaN) and silicon carbide (SiC) chips, went public by merging with a special purpose acquisition company (SPAC) on Oct. 21, 2021. Shares started trading at $13, and the price rallied to an all-time high of $22.19 on Nov. 12, 2021.At the time, investors were dazzled by its ambitious long-term forecasts. The buying frenzy in meme stocks in late 2021 amplified those gains and inflated its valuations. But ...

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The Bureau of Industry and Security (BIS) is providing guidance to help increase industry's awareness of illegal diversion schemes involving advanced computing integrated circuits (ICs) and commodities that contain such ICs, which have been subject to BIS export restrictions since October 2022, as updated several times since then. 1 1 Advanced computing ICs and commodities that contain such ICs include Export Control Classification Numbers (ECCNs) 3A090.a, 4A090.a, and .z items in Categories 3, 4, and 5, su ...

5 See § 744.6(b)(6) of the EAR. 1 As an update to previous advisory opinions issued by the Bureau of Industry and Security (BIS), the following types of activities may be subject to an export authorization under the Export Administration Regulations (EAR), 15 C.F.R. parts 730 - 774. Specifically, BIS has determined that access to advanced computing integrated circuits (ICs) and commodities subject to the EAR for training AI models has the potential to enable military-intelligence and weapons of mass destruc ...