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June 20th - According to Russian media reports, starting September 1st, the Russian government will impose an 8% export tax on certain diamonds in an effort to protect its domestic diamond cutting and processing industry. The policy stipulates that the Russian government will levy an 8% export tax on uncut and partially cut diamonds weighing between 0.45 carats and 10.8 carats, as well as diamonds of special sizes exceeding 10.8 carats. However, this measure will not apply to member states of the Eurasian Economic Union.On June 20, the Consulate General of the Peoples Republic of China in Mandalay issued a statement saying that recently, several Chinese citizens were arrested by Myanmar police after entering Myanmar through Mandalay Airport for illegally traveling to areas prohibited or restricted to foreigners. Simultaneously, several Chinese citizens using entry and exit permits to enter northern Myanmar through relevant land border crossings were also arrested by Myanmar police for suspected illegal entry while en route to other inland areas. The Consulate General of the Peoples Republic of China in Mandalay reminds Chinese citizens traveling to Myanmar to fully understand Myanmars national conditions and laws and regulations, and not to travel to areas prohibited or restricted to foreigners. They should also strictly abide by the scope of use of their travel documents, especially those entering Myanmar through China-Myanmar border crossings with entry and exit permits, who are limited to activities in relevant border cities on the Myanmar side and should not cross the border into inland areas to avoid violating Myanmar law.According to Syrian state television, the Syrian Ministry of Defense stated that an attack by unidentified gunmen in northeastern Aleppo resulted in the deaths of two soldiers.On June 20th, Tencent customer service stated that WeChat Xiaowei (intelligent assistant) is a native AI assistant being tested on a small scale by the WeChat team and is currently still in the testing phase. The customer service representative stated that WeChat Xiaowei supports operating native WeChat functions via text or voice dialogue, such as adjusting settings, sending messages, and making phone calls. Xiaowei currently uses multiple AI models, including Tencents self-developed and high-quality open-source models. "Currently, WeChat Xiaoweis gray-scale testing covers multiple systems; please refer to the actual page display for specific participation eligibility," the customer service representative said.Israeli military officials: Following the attack, the military has launched strikes against Hezbollah targets in southern Lebanon.

The U.S. semiconductor sector faces new China sales restrictions

Skylar Williams

Oct 08, 2022 11:03

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On Friday, companies throughout the world began to deal with U.S. limitations on chip and chip manufacturing equipment exports to China.


The Philadelphia Semiconductor Index (.SOX) dropped nearly 6% by the end of the trading day. Lam Research, Applied Materials, and KLA all experienced declines of over 4%.


Applied Materials is examining the new regulations, while Lam and KLA have not yet responded.


SK Hynix Inc. announced on Friday that it will apply for a license under the new U.S. export control legislation in order to continue operating in China.


On Friday, American officials imposed a comprehensive set of restrictions on the export of certain semiconductor manufacturing equipment to China. However, licenses can be obtained by U.S. and allied corporations.


SK Hynix will work closely with the Korean government to obtain a license from the U.S. government. We are prepared to operate our China fabrication operations efficiently and according to international standards.


Friday, Chinese authorities prohibited the sale of numerous "supercomputer" chips. Supercomputers create nuclear weapons and other forms of military technology. Last month, Nvidia (NASDAQ:NVDA) and AMD (NASDAQ:AMD) announced they had been instructed to stop shipments to China.


Systems having 100 or more petaflops of double precision computing power or 200 or more petaflops of single precision processing power within 41,600 cubic feet are considered supercomputers. Petaflops are a unit of computing speed.


Nvidia, which stated last month that the regulations may affect sales in China by $400 million, expects no further impact, the company said on Friday.


"These laws place industry-wide restrictions on processors who meet certain criteria. We do not anticipate that the new regulations, which include sales restrictions for dense systems, will harm our business "company statement.


AMD didn't comment.