#مجانا #USChinaTensions
Is America losing the semiconductor market to China?
The Biden administration is trying to restrict exports of strategically important computer chips to China, but experts say these efforts could backfire and fuel innovation in Chinese companies, helping them to dominate the global semiconductor market.
Agence France-Presse reported that Jack Gold said, "What is actually happening is that the U.S. government is giving a big win to China as it pushes their semiconductor-related businesses forward," Gold added, "Once they achieve competitiveness, they will start selling around the world and people will buy their chips."
He explained that when that happens, it will be difficult for American semiconductor manufacturers to regain the market share they lost.
Prominent American semiconductor company Nvidia and its competitor AMD notified regulators this week that they expect to face significant financial damage as a result of new U.S. licensing terms for semiconductors exported to China.
Nvidia expects the new rules to cost it $5.5 billion, while AMD projected it would drain up to $800 million from the company's net profits, according to documents filed with the U.S. Securities and Exchange Commission.
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