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China's Chip Industry Faces New Challenges

As of December 9, 2024, China's semiconductor sector is grappling with intensified U.S. export restrictions, impacting key players like YMTC and Empyrean Technology. The U.S. has added 140 Chinese organizations to its trade blacklist, aiming to hinder China's technological advancements while local companies adapt to the changing landscape.

Trump Nominates Guilfoyle as Ambassador

Donald Trump has nominated Kimberly Guilfoyle as the U.S. Ambassador to Greece. Guilfoyle, a former Fox News host and Trump ally, expressed her honor in accepting the nomination, which requires Senate approval. Trump praised her qualifications and experience in law and media, emphasizing her role in strengthening U.S.-Greece relations.