Her testimony followed an apparent decision by her department to prohibit American tech titans Qualcomm and Intel from supplying their less advanced chips used in laptops and handsets to Huawei Technologies, a Chinese telecoms company. In a filing submitted to the US Securities and Exchange Commission on Wednesday, Intel said the Commerce Department had revoked “certain licenses for exports of consumer-related items to a customer in China” – without naming Huawei. Consequently, Intel said it anticipated that its revenue for the second quarter of 2024 would stay within the initial projected range of US$12.5 billion to US$13.5 billion but below the midpoint. The US Commerce Department has no
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