"Geopolitical Tensions Reshape Semiconductor Supply Chains: Implications for US and China"

Despite escalating tensions between the US and China, American chipmakers continue to rely on the Chinese market for significant revenue, with companies like Intel, Broadcom, Qualcomm, and Marvell Technology generating more income from China than the US. The US has imposed export controls to limit China's access to advanced chip technology, particularly in AI applications, but American chipmakers have navigated these restrictions by modifying products for the Chinese market. Meanwhile, China is investing heavily in its domestic semiconductor industry and encouraging its firms to buy locally made chips, posing potential market share concerns for foreign companies.