US to Announce Nexperia Chip Shipments From China to Resume (1)

The US is set to announce that Nexperia BV, a Dutch semiconductor company with facilities in China, will resume shipping chips, according to a person familiar with the matter, following a trade pact agreed to by Donald Trump and Xi Jinping at their summit this week.

The Trump administration is expected to detail the move in a fact sheet being prepared on the US-China trade deal, the person said, speaking on condition of anonymity to discuss a matter not yet public. News of the agreement on Nexperia was first reported by the Wall Street Journal.

The move is likely ...