CHONGQING, CHINA - MAY 4, 2023 - Young technicians test the quality of electronic chips at a dust-free production workshop in Chongqing, China, May 4, 2023.
CFOTO | Future Publishing | Getty ImagesIndustry analysts are optimistic that Chinese chip makers will develop their own advanced semiconductors despite Washington's attempts to cut the country off from accessing or manufacturing the technology.
Washington also reportedly urged South Korea to not let its chip makers fill Micron's void in China.
China is pouring more than 1 trillion Chinese yuan ($140 billion) into its chip industry, according to a Reuters report.
Domestic chip makers already benefit from government subsidies and state-backed research projects.
Persons:
Daniel Newman, Paul Scharre, Washington, Jensen Huang, Huang
Organizations:
Getty Images Industry, Futurum Group, CNBC, Nvidia, Huawei, Wall Street, New, Micron Technology
Locations:
CHONGQING, CHINA, Chongqing, China, New American, May, South Korea, Taipei