US revokes Intel and Qualcomm's licenses for chip sales to Huawei

The U.S. has revoked licenses for Intel and Qualcomm to sell chips to Huawei, impacting the Chinese company's computer and mobile phone production. This move is part of ongoing U.S. efforts to limit China's tech advancements, citing national security concerns. Huawei, facing U.S. trade restrictions since 2019, denies allegations of cyber espionage linked to these actions.