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: 14.11.2026 Expectation: 3500 pips
Sell Bitcoin with $75,000 in view
30 October 2026 90
Period: 14.11.2026 Expectation: 150 pips
Go short on SPX down to $7,500
30 October 2026 112
Brent sell
Period: 29.11.2026 Expectation: 450 pips
Brent crude sell-off targets $105
29 October 2026 92
Period: 12.11.2026 Expectation: 28000 pips
Go long on NVIDIA stock up to $243
29 October 2026 96
Period: 28.11.2026 Expectation: 130 pips
Invest in SPX with 7,850 in view
28 October 2026 122
Period: 28.11.2026 Expectation: 4200 pips
Selling EURUSD down to 1.07000
28 October 2026 140
Go to forecasts