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Benzinga
Benzinga
Business
Kaustubh Bagalkote

Trump's First-Term Ban On EUV Tools Stalled Huawei, SMIC, Cambricon — Now China's Chip Factories Are Roaring Back, Warns David Sacks

National,Harbor,,Md,,Usa-,February,24,,2024:,Donald,Trump,Speaks

White House-appointed “Crypto Czar” David Sacks warned Wednesday that Chinese semiconductor manufacturers are surging back despite previous export controls, citing new production data showing China’s chipmakers planning to triple artificial intelligence processor output.

Sacks Highlights China’s Semiconductor Recovery Despite Trump-Era EUV Restrictions

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