Chip CEOs Urge US to Study Impact of China Curbs and Take Pause
-- Leaders of the largest US chipmakers told Biden officials this week that the administration should study the impact of restrictions on exports to China and pause before implementing new ones, according to people familiar with their discussions.US Recession Becomes Closer Call as Economists Rethink Forecasts. Putin Warns Poland Over ‘Aggression’ Against Ally Belarus. AMC Shares Surge as Judge Denies APE Deal in Surprise Ruling. Billionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by FedRate Hikes. During meetings in Washington on Monday, Intel Corp.’s Pat Gelsinger, Nvidia Corp.’s Jensen Huang and Qualcomm Inc.’s Cristiano Amon warned that export controls risk harming US leadership of the industry. The Biden officials listened to the presentations but didn’t make any commitments, said the people, who asked not to be identified because the talks were private.During the discussion on Monday, Intel’s Gelsinger told Sullivan, Secretary of State Antony Blinken and other officials t