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The Independent UK

National

Bevan Hurley

US sanctions on Chinese semiconductors ‘decapitate’ industry, experts say

United States Jordan Schneider Semiconductor China Joe Biden Rhodium Group

Associated Press

The Biden administration’s sweeping new export controls aimed at cutting off China from obtaining chips used in supercomputers has caused the “complete collapse” of the Communist country’s semiconductor industry, according to one expert.

“This is what annihilation looks like: China’s semiconductor manufacturing industry was reduced to zero overnight,” Lidang, CEO of Hedgehog Lab, said in a Twitter thread.

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