The U.S. expansion of sanctions on China semiconductor industry leads to a sharp decli

The semiconductor sector of the US stock market fell on Monday (October 10), and global chip stocks also decreased.The United States had previously implemented new restrictions on China's clip technology to obtain US chip technology, coupled with the start of the semiconductor company's financial report season, it was disappointing, causing investors to worry about the decline far.

According to Bloomberg, the Philadelphia Semiconductor Index fell 3.5%to close the lowest level since November 2020.The index has fallen by nearly 10%over the past three trading days, and has fallen by more than 40%so far this year.Semiconductor capital equipment fell, the application materials fell 4.1%, the Lam Research fell 6.4%, and the KLA (KLA) fell 4.7%.Ultra -micro Semiconductor (AMD) fell 1.1%to close the lowest point since July 2020; Marvell Technology fell 4.8%.

Chip equipment manufacturer ASML Holding NV fell 2.9%in the US stock market; SMIC fell 4%in the Hong Kong stock market, the largest decline in five weeks.Small companies have a bigger decline.

The measures of the United States include restricting some types of chips for exports to China for artificial intelligence and super computing, as well as regulations that tighten exporting semiconductor equipment to Chinese companies.In addition, the United States also adds more Chinese companies to the "unqualified" list, which means that American suppliers will face new obstacles in terms of sales technology.

Stacy Rasgon, an analyst at Bernstein, said: "These changes represent further upgrades, and we don't know how China will react. Potential revenge is still a risk."

Gabriel Wildau, an analyst at a consulting company Teneo Holdings LLC, said that the new strategy shows that Washington's goal will" freeze "China at the current level, enabling the United States to expand the leading advantageEssence

At the time of the introduction of the new US rules, the chip industry's financial report season is not good.Due to the glorious nature of semiconductor demand, in just a few months, global global changes have changed from chip shortage to excess supply.

The world's largest storage chip manufacturer Samsung Electronics and PC processor manufacturers Super Semiconductor (AMD) released last week that it may slow down in the future than expected.