"Rising Tensions: The Future of China's Chip Industry Amid US Restrictions and Domestic Growth"

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Source: CNBC
"Rising Tensions: The Future of China's Chip Industry Amid US Restrictions and Domestic Growth"
Photo: CNBC
TL;DR Summary

Analysts predict that China may face more semiconductor export restrictions from the US and other Western countries in 2024, following previous curbs on advanced chip technology. The US and the Netherlands have tightened export controls on semiconductor equipment and advanced chips to contain China's technological advancement, citing concerns about Beijing's military and AI applications. China has criticized these restrictions and is striving for self-reliance in chip production, as it faces challenges in accessing advanced chipmaking tools and components from foreign firms.

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