Chip CEOs to Meet Brainard, Sullivan Over China Restrictions
- Leaders of Intel, Qualcomm and Nvidia plead case in Washington
- White House plans to impose new rules in coming weeks
This article is for subscribers only.
National Economic Council Director Lael Brainard and National Security Adviser Jake Sullivan are joining a White House meeting Monday with the chief executive officers of America’s largest semiconductor makers to hear their concerns over new restrictions that threaten sales to China.
The inclusion of senior administration officials in the meeting highlights the pressure the Biden administration is facing from chipmakers, who worry new restrictions on sales of them and related equipment to China will cut them off from their largest market and ultimately undermine US leadership in the industry.