Intel, AMD Slide After Beijing Tells Telecoms To Phase Out Foreign Chips | ZeroHedge
The newest phase of the technology war between the US and China involves Beijing's plan to eliminate American-made semiconductor chips from Chinese telecommunications systems by 2027. This strategy is expected to impact US chip manufacturers such as Intel and Advanced Micro Devices, according to The Wall Street Journal, citing people familiar with the matter.
China's Ministry of Industry and Information Technology, the regulator responsible for overseeing wireless, broadcasting (more…)