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Why Can Intel and AMD Sell Chips to Huawei Again?


On Sept. 15, new restrictions barring sales of U.S. components to Chinese tech giant Huawei went into effect. Those rules would have prevented Intel (NASDAQ: INTC), AMD (NASDAQ: AMD), and other American chipmakers from selling any new chips to Huawei.

But shortly after that deadline passed, Intel and AMD announced they had obtained special government licenses that will enable them to continue selling chips to Huawei. Let's see how Intel and AMD obtained those licenses, and what they mean to the tech war between the U.S. and China.

Image source: Getty Images.

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Source Fool.com

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