China’s Gargantuan $25 Billion Splurge On Chipmaking Tools In H1 2024 Eclipses The Combined Expenditure By The US, South Korea, And Taiwan

The new cold war, cloaked in silicon, is ratcheting up, with uncontested supremacy in the emerging AI-led, productivity-unlocking paradigm up for grabs. With the US and its allies determined to thwart Beijing's access to cutting-edge chips, China is finding progressively more creative ways to circumvent those restrictions, all the while trying to ramp-up its indigenous capacity. In the first half of 2024, China significantly increased its investment in semiconductor manufacturing equipment, spending a record $25 billion according to the global chip industry association SEMI. This amount surpasses the combined expenditures of South Korea, Taiwan, and the… — GammaLab (@gammalab_tweets) September […]

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