#مجانا #USChinaTensions
Is America Losing the Semiconductor Market to China?
The U.S. 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 dominate the global semiconductor market.
French news agency AFP reported Jack Gold saying that what is really happening is that "the U.S. government is delivering a big victory to China as it pushes their businesses related to electronic chips forward." Gold added, "Once they achieve competitiveness, they will start selling worldwide, and people will buy their chips."
He explained that when this happens, it will be difficult for U.S. semiconductor manufacturers to regain the market share they lost.
The prominent American semiconductor company "NVIDIA" and its competitor "AMD" informed regulators this week that they expect to face significant financial damages as a result of new U.S. licensing conditions for semiconductors exported to China.
NVIDIA expects the new rules to cost it $5.5 billion, while AMD projected a depletion of 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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