#ColdWar2
US tech companies that receive federal funding will be barred from building "advanced technology" facilities in China for 10 years"
bbc.com/news/62803224
US tech companies that receive federal funding will be barred from building "advanced technology" facilities in China for 10 years"
bbc.com/news/62803224
""The US currently produces roughly 10% of the global supply of semiconductors, which are key to everything from cars to mobile phones, down from nearly 40% in 1990."
"US chipmakers are already experiencing the impact of Washington's crackdown on selling US technology to China. Earlier this month, Nvidia and AMD were told by US officials to stop the sale of artificial intelligence chips to China."
"Dan Ives of Wedbush Securities called the restrictions a "gut punch" for Nvidia.
"This is really a shot across the bow at China and it's really going to fan those flames in terms of geopolitical (tensions),"
@threadreaderapp unroll
"This is really a shot across the bow at China and it's really going to fan those flames in terms of geopolitical (tensions),"
@threadreaderapp unroll
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