The three major industry associations have all spoken out! Be cautious when purchasing usa chips.
The China Semiconductor Industry Association, China Automobile Industry Association, and China Internet Association have all issued statements, urging domestic enterprises to carefully choose to purchase American chips. The new round of US export restrictions involves over 140 Chinese companies, impacting semiconductor manufacturing equipment, electronic design automation tools, and violating the fair principles of the global semiconductor industry.
Express News | The China Semiconductor Industry Association: USA chip products are no longer safe and reliable; relevant industries in China will have to be cautious in procuring American chips.
Express News | The China Association of Automobile Manufacturers: To ensure the security and stability of the automotive industry chain and supply chain, it is recommended that Chinese auto companies be cautious in purchasing chips from the USA.
Express News | The china internet association calls on domestic enterprises to proactively take countermeasures and carefully choose to purchase usa semiconductors.
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Micron (MU.US) may surpass Nvidia (NVDA.US) by the end of the year Analyst: EPS could increase by a staggering 588% next year!
S&P Global Market Intelligence and MarketSurge indicate that memory chip manufacturer Micron Technology (MU.US) will see an 84.2% increase in revenue in the fourth quarter of this year, surpassing Nvidia's expected 72.1% quarterly revenue growth.