Spending by chipmakers on investment and R&D is surging and China is struggling to keep up.
@SimoneWeil1930 @policytensor @GeoffPMann @Claraleoo @Undercoverhist who you need to ask is @NewLeftEViews
RT @frostyhk: Shock July data out of China as economy battles Covid Zero, weakening demand, housing slump. Yoy: Retail sales 2.7%; est. 4.…
Lobbying by Intel -> guardrails in CHIPS act to bar investment in China were loosened -> fierce GOP opposition which now demands zero US corporate