raffaele bertoni with gulf investment corporation. this chipmakers plunged morning after the trump administration announced further sanctions on huawei. joining us now to break does all down is bloomberg's stephen engle. what is your take on this? how much harder will it be for huawei to source these chips? >> it will be more troublesome for huawei and more trouble for the supply chain in places like taiwan. that is why we are seeing companies like mediatech going down today. the trump administration is putting more restrictions on huawei. chip suppliers that use american chipmaking equipment and software to apply for licenses if they want to work with huawei. why does the trump administration have that sway? or assemblyab company including in taiwan all use u.s. equipment from applied materials and software makers including cadence and synopsis. that is what mediatech uses. as wilbur ross, the commerce secretary mentioned, this is closing a loophole from the initial export order rules apply in may. this is a step to make it much more