The chip export control moves could amount to the biggest shift in US policy toward shipping technology to China since the 1990s

China's chipmaking sector and many others dependent on advanced US tech are likely to be hit hard by export controls announced by Washington last Friday, the FT says.

China's semiconductor index fell more than 5% as chipmakers shed over $8bn in market value and tech giants dropped on Monday, after the US unveiled a raft of export control measures

The Biden administration has brought in new export controls, including cutting China off from certain semiconductor chips made with US tools

Thirteen Chinese firms have been added to a blacklist that bars US investment, including DJI Technology, Dahua Technology and BGI Genomics.

New US export restrictions will target China-based producers of DRAM chips, but Samsung and SK Hynix are likely to get more leeway from US regulators, sources say

US auditors continue to inspect the books of top Chinese companies listed in the US. PwC chairman Bob Moritz said: "We will continue to share the information that is allowable."

The US is expected to announce new moves this week to stop Chinese firms gaining access to chips enabling high-performance computing.

A US-led group met with African nations recently to bolster supply chains needed for the clean energy transition in a bid to "challenge Chinese dominance" in critical minerals

Users attempting to access the service are now redirected to Google's generic search bar, with a notice advertising Google Translate's Hong Kong webpage, South China Morning Post said.

Letters to Nvidia and AMD last month telling them to stop shipment of chips used for language processing and nuclear weapons research are likely precursors to new rules, official says

The semiconductor shortage, which forced some carmakers to halt production, put a spotlight on chip powerhouse Taiwan and made supply chain management a priority for governments