America’s Chip War With China May Already Be Lost
America’s Chip War With China May Already Be Lost
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Meanwhile major Chinese chip manufacturers are down 40% YoY and keep falling. But don't listen to market, your basics in economics and logistics certainly outsmart the whole financial industry 🤡
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China is investing roughly 250 billion a year into its chip companies, and it accounts for roughly half of the chip market in the world. US is planning to invest around 50 billion and accounts for around 18%. Here's what people who actually have a clue have to say about all this https://compactmag.com/article/fighting-a-chip-war-on-the-cheap
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