China Eyes Domestic Solution to US AI Chips Curbs – SCMP


China could be forced to intensify efforts to develop its own advanced AI chips in the wake of the United States’ latest raft of tech export restrictions, the South China Morning Post reports.

China’s foreign ministry called the latest restrictions an act of “technology hegemonism” but the country’s tech chiefs, meeting last week at the World Artificial Intelligence Conference in Shanghai, say the move could force Chinese tech firms to double down on their own AI chip development, said the report.

Full story: South China Morning Post




Read more:

Taiwan President Hails ‘Democracy Chips’ Tie-Up With US

US Chip Ban Likely to Hit Most of China’s Tech Giants



Sean O'Meara

Sean O'Meara is an Editor at Asia Financial. He has been a newspaper man for more than 30 years, working at local, regional and national titles in the UK as a writer, sub-editor, page designer and print editor. A football, cricket and rugby fan, he has a particular interest in sports finance.

Recent Posts

Asia Stocks Slip But Hang Seng Surges on Covid Curbs Hopes

Hong Kong’s benchmark index was boosted by news its government was poised to roll back…

10 mins ago

China Buys Russian Oil at Deepest Discount in Months

The effective prices refiners pay could exceed the $60 per-barrel cap that came into effect…

1 hour ago

EV Maker Vietnam’s First Company to List in US

If successful, VinFast will be Vietnam's first company to list in the United States

1 hour ago

Plunging Trade Risks China’s Status as the ‘World’s Factory’

China's uncompromising Covid policies, poor domestic demand and a real estate sector crash all combined…

19 hours ago

China Debt Ratio Three Times GDP in Record High – Nikkei

With private businesses reluctant to spend, local government and state-owned banks stepped into the gap…

19 hours ago

US Eases Planned Curbs Against China Chips Over Cost Fears

The move followed pushback from trade groups like the US Chamber of Commerce which argued…

23 hours ago