Senate panel to question US semiconductor firms on Russian weapons

WASHINGTON (Reuters) - The U.S. Senate Permanent Subcommittee on Investigations said Thursday it will hold a hearing with four major semiconductor companies on the use American-manufactured semiconductors in Russian weapons deployed in the war in Ukraine.

Senator Richard Blumenthal, who chairs the panel, announced the hearing on Tuesday will include testimony from executives from Analog Devices (NASDAQ:ADI ), Advanced Micro Devices (NASDAQ:AMD ) Intel (NASDAQ:INTC ) and Texas Instruments (NASDAQ:TXN ). The committee said the companies "products have consistently appeared in recovered Russian weapons. The hearing will probe the companies’ compliance with export controls intended to block Russia from accessing American technology."

Source: Investing.com