U.S. Commerce Secretary Howard Lutnick Says China Is Far Behind in the Chip Race As U.S. Export Controls Manage to Stall Beijing’s Progress ...Middle East

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U.S. Commerce Secretary Howard Lutnick Says China Is Far Behind in the Chip Race As U.S. Export Controls Manage to Stall Beijing’s Progress

The US is determined to thwart China's chip development, as the Commerce Secretary reveals that China has limited chip production capabilities, attributed to US export regulations. The US Is Way Ahead of China In Advanced Chip Production Capabilities, Says Commerce Secretary Howard Lutnick Since the Trump administration took office, the US-China chip war has seen a lot more hostility from both sides, given that chip dominance was taken as a matter of national security. Not only did we see regulations on chip exports, but the new round of tariffs made it clear that the US doesn't want China to get […]

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