Blinken said in his confirmation hearing before the Senate Foreign Relations Committee.

energy and the environment at the State Department met with representatives from the semiconductor industry in Silicon Valley.A special export license is now required to obtain these minerals.

Elon Musk and JP Morgan Chase CEO Jamie Dimon have also traveled to China.Chinese police raided the Shanghai offices of U.investment in the Chinese semiconductor.

China slapped export restrictions on two key minerals essential to semiconductor production gallium and germanium.which for decades poured cash into China and fueled its growth.

He acknowledged there are concerns among some companies about the lack of supply and the USG is helping source alternate supplies.

The forum offers an opportunity for U.weve made some important progress.

A senior administration official told reporters Wednesday after the talks that the U.said National Security Council spokesman John Kirby.

particularly between countries like the U.I value our conversation because I think its paramount that you and I understand each other clearly.