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Synopsys headquarters in Mountain View, California, April 13, 2022.
David Paul Morris | Bloomberg | Gets the image
Stock manufacturers software for chips Cadence and Consistent On Wednesday, on Wednesday, after Wednesday after the Financial Times, the White House ordered to stop selling customers in China.
Cadence shares decreased by almost 11%, and Synopsys decreased by about 10%.
The US Department of Industry and Security has sent letters to both the company and Siemens, the newspaper said.
“We know about reporting and assumptions, but Synopsys have not received BIS messages,” said Synopsys CEO Sasin Gazz at a conference call with analysts on Wednesday.
He said the company was expecting revenue revenue for a full year from China.
Cadence and Siemens representatives did not immediately respond to CNBC requests for comment.
The report follows Artificial intelligence the processors in China.
Nvidia It noted the changes, but it is unclear how the future policy from the White House could affect the NVIDIA business. Nvidia reports the results after the bell on Wednesday.
Earlier this month the Office of Industry and Security Issued a warning About the use of Huawei Ascend AI chip, saying that the organizations that take them may be exposed to forced execution.
The press secretary of the Ministry of Commerce China said the move was undermining the previous trade agreement of the two countries and demanded that the White House “correct its mistakes”.
