US set to restore Nexperia chip shipments

The US plans to announce that Dutch chipmaker Nexperia BV, which has facilities in China, will resume shipping chips, according to a person familiar with the matter. The step follows a trade pact reached by Donald Trump and Xi Jinping at their summit this week. The Trump administration is preparing a fact sheet on the US-China deal that will outline the move. The agreement involving Nexperia was first reported by the Wall Street Journal.

Reviewed by JQJO team

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