It says further rule-tightening by US officials risks ‘disrupting supply chains, causing significant market uncertainty’.

The US-based Semiconductor Industry Association has called on President Joe Biden’s administration to “refrain from further restrictions” on chip sales to China as chief executives from the biggest US semiconductor firms planned to visit Washington this week to press their views on China policy.

The trade group’s statement on Monday came as the Biden administration considers updating a sweeping set of rules imposed in October to hobble China’s chip industry and a new executive order restricting some outbound investment.