China's top chipmaker may be in hot water as US lawmakers call for further sanctions after Huawei 'breakthrough'

Shares in SMIC, China's largest contract chipmaker, plunged on Thursday, after two US congressmen called on the White House to further restrict export sales to the company.

China's top chipmaker may be in hot water as US lawmakers call for further sanctions after Huawei 'breakthrough'
Shares in SMIC, China's largest contract chipmaker, plunged on Thursday, after two US congressmen called on the White House to further restrict export sales to the company.