13 December 2022 | Other

Japan to join U.S. effort to cut chip exports to China

Japan and the Netherlands expressed their support for the U.S. plan to tighten controls on exports to China. Thus, the countries are set against supplying the necessary equipment to China. Consequently, such an initiative could cause serious damage to Beijing's technological ambitions.

In the near future, the new allies should report on the adoption of the drastic measures introduced by the United States. Thus, sales of semiconductor manufacturing equipment will be restricted. The Biden administration explained that such measures would prevent Beijing's military from obtaining advanced semiconductors.

An alliance of the three countries would mean almost complete isolation for China. In this case, the Celestial Empire will no longer be able to buy the equipment needed to produce advanced chips. The U.S. has restricted imports from its equipment suppliers Applied Materials Inc., Lam Research Corp. and KLA Corp. Dutch ASML Holding NV and Japanese manufacturer Tokyo Electron Ltd. and Dutch ASML Holding NV are considered two other important suppliers whose participation was necessary to implement U.S. sanctions. In this regard, the adoption of export restrictions by the three countries is a very important development today.

Company MarketCheese
Period: 25.11.2025 Expectation: 1200 pips
NVIDIA’s quarterly report may send its shares down to $170
Today at 12:11 PM 24
Period: 26.11.2025 Expectation: 1050 pips
USDCAD hovers near lower boundary of ascending channel
Today at 11:02 AM 24
Period: 30.06.2026 Expectation: 15000 pips
Selling USDJPY from upper limit of descending triangle
Today at 09:42 AM 20
Period: 30.04.2026 Expectation: 21000 pips
Buying Bitcoin from support at $86,000
Today at 08:37 AM 14
Period: 26.11.2025 Expectation: 600 pips
EURUSD undergoes technical rebound amid dollar strength
Today at 07:37 AM 27
Period: 25.11.2025 Expectation: 4500 pips
Buying Bitcoin when consolidating above $89,000
Yesterday at 11:56 AM 33
Go to forecasts