U.S. midterms: Tech sector braces for additional China decoupling

PALO ALTO, U.S. — With the U.S. midterm elections lower than 10 days away, tech business is holding its collective breath for a brand new group of elected officers to offer much-needed aid to the sector, as it’s dealing with rising strain from provide chain constraints, the financial downturn and U.S.-China tensions that refuse to abate this 12 months.

Whereas the elections for the Home of Representatives and Senate, together with state and native officers, are sometimes targeted on home points corresponding to abortion rights and gun management, tech leaders throughout the globe are carefully watching the Nov. 8 vote for its implications on the business at dwelling and overseas.