Singapore’s primary Chinese language newspaper Lianhe Zaobao recently reported that, in order to comply with the U.S. government’s new export restrictions, Intel has put supplying Chinese manufacturer Inspur Group on hold. Intel explained in an announcement that the move was solely to ensure that U.S. laws are followed. Inspur Group is China’s largest computer server manufacturer and is ranked number three in the world. It is a large customer of Intel’s and Inspur’s entire product line of families uses Intel processors. Intel’s decision formed a strike on Inspur’s future, causing its stock to fall five percent within a day. The U.S. Department of Defense established a 20-company list not long ago identifying Chinese companies either owned or controlled by the Chinese military. According to new U.S. regulations, these companies are banned from obtaining advanced U.S. technologies. The list includes both Huawei and Inspur. Inspur manufactures both traditional servers and Artificial Intelligence (AI) servers.
Source: Lianhe Zaobao, July 3, 2020
https://www.zaobao.com.sg/realtime/china/story20200703-1066076