Financial News
Chinese Tech Firms Battle to Produce Advanced Chips Despite US Sanctions
Although the United States has spent the past few years limiting China’s access to American-made semiconductor chips, the East Asian nation seems to be producing advanced chips on its own. SMIC, the largest chipmaker in China, appears to be manufacturing advanced chips despite the U.S. sanctions.
Last year, the United States issued chip sanctions that prevented American companies from exporting computer chips to China to keep the…
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