US revokes some export licenses for selling semiconductors to China'sxa0Huawei

The United States has revoked licenses that allowed companies to ship chips used for laptops and handsets to sanctioned Chinese telecoms equipment maker Huawei Technologies. Some companies were notified on Tuesday that their licenses were revoked effective immediately. The move comes after Huawei’s release of its first AI-enabled laptop, which drew criticism from Republican lawmakers. The U.S. Commerce Department confirmed it had revoked some licenses but did not name the companies. The move is seen as a result of pressure from Republican China hawks in Congress. The action could harm Huawei, which relies on Intel chips to power its laptops, and could also impact US suppliers that do business with the company.