TECH - Xi Jinping's China Wants To 'Delete' America After Nvidia Others Forced To Curb High-End Chip Exports To Beijing But Are Biden Administration's Policies Waking Up A 'Sleeping Lion' | Benzinga
China’s Semiconductor Manufacturing International Corp. has reportedly been ramping up its chip production with domestic tools, a move that could potentially counteract U.S. export restrictions.
What Happened: SMIC, China’s leading chip manufacturer, is incorporating homegrown semiconductor-production equipment into its manufacturing line at its new Jingcheng facility in Beijing.
Despite being several generations behind industry leaders like Taiwan Semiconductor Manufacturing Co., SMIC is aggressively reducing its reliance on American tools, reported the Wall Street Journal, citing a person familiar with the matter.
This project marks one of China’s most sophisticated attempts so far to commercially produce chips using domestic equipment. It is a technological self-sufficiency strategy aimed at shielding Beijing from U.S. sanctions.
This initiative is part of Xi Jinping-led China’s broader campaign ...