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A federal investigation into semiconductor equipment supplier Applied Materials involving China shipments has widened to other U.S. agencies, including the Securities and Exchange Commission, according to a company filing on Tuesday. https://t.co/k76Nm3LelV
Filing: Applied Materials discloses "multiple subpoenas" as recently as February from US agencies, including the SEC, about the company's Chinese business (Bloomberg) https://t.co/fnhbhFEhk0 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/Mm3xOoW8sP
US government agencies have issued a new round of requests for information about Applied Materials’ shipments to Chinese customers, reviving a sensitive topic as Washington tries to sever sales of advanced chipmaking gear to its geopolitical rival https://t.co/G0cVTMESE5
The Chinese government's undisclosed stakes in over 12 Alibaba business units have been revealed in amended filings following an inquiry by the US SEC, as reported by Bloomberg. Concurrently, Applied Materials, a semiconductor equipment supplier, faces intensified scrutiny from US government agencies, including the SEC, over its shipments to Chinese customers. This development comes amid efforts by Washington to cut off the supply of advanced chipmaking gear to China. Applied Materials disclosed receiving multiple subpoenas related to its business in China as recently as February, marking a significant escalation in the federal investigation into the company's dealings with Chinese entities.