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.
Looking back at 2024: Why did the rising trend of US stocks shock Wall Street?
①The US stock market has shown strong performance this year, with the s&p 500 index rising by about 27% year-to-date, expected to achieve the best performance in many years, far exceeding Wall Street's expectations at the beginning of the year. ②So, what are the factors that the US stock market relies on to achieve such a strong increase?
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.
Intel (INTC.US) CEO steps down, restructuring and trade opportunities reopen.
The sudden departure of intel CEO Pat Gelsinger provides a new opportunity for the struggling company to consider potential trade options, including some proposals that Pat Gelsinger rejected during his tenure leading the chip manufacturer.