Chip Wars Heat Up: China’s Last-Minute Scramble for U.S. Tech
Chinese semiconductor firms are racing against the clock to secure advanced U.S. chip materials before potential new restrictions take effect in 2025. This urgent stockpiling reflects the intensifying tech rivalry between the world’s two largest economies. China’s integrated circuit industry sales reached 1.2 trillion yuan ($164.4 billion) in 2023, growing 7.8% year-on-year. Despite this growth, […]