China Orders State-Owned Mobile Carriers to Replace Intel and AMD Chips

China's Ministry of Industry and Information Technology has reportedly instructed state-owned mobile operators to replace foreign chips with domestic ones, following a ban on the use of Intel and AMD processors in government computers. This move is part of China's efforts to become self-sufficient in semiconductor production and reduce reliance on US-made technology. The country is supporting domestic semiconductor industry with a $40 billion fund, posing potential challenges for Intel and AMD as they lose a significant market and face competition from Chinese manufacturers.