Beijing regulators are asking firms like Alibaba, ByteDance and Tencent to justify their large orders for Nvidia chips, and even putting pressure on them to halt their purchases altogether
 
							China says the move would 'sell out the island's interests' and that it was aimed at 'currying favour' with the Donald Trump administration in the US
 
							Chinese chipmakers are racing to rival Nvidia on AI chips as increasing export restrictions by US — and its allies — slow the growth of China’s tech industry
 
							Chinese chip stocks are riding a broader rally brought on by a stimulus package from Beijing towards the end of September that pumped up beaten-down stocks across the mainland
 
							SMIC lags behind rivals in its advanced chip production capabilities, which observers say could limit its ability to fully capitalise on the AI boom
 
							The challenge spells trouble for China’s furiously expanding AI industry — which remains cut off from cutting-edge chips due to US sanctions
 
							TSMC is currently prohibited from producing advanced processors for China, as it uses American chipmaking tools, and hence falls under the purview of recent sanctions
 
							China’s largest contract chipmaker said revenue jumped as both domestic and global customers rebuilt inventories
 
							US lawmakers were already looking to cut SMIC off from US tech imports after it produced the surprisingly high-end chip for Huawei’s latest handset
 
							Experts say that SMIC’s South fab is the only factory with the capability to make the Mate 60's 7 nanometer chip
 
							Local governments in Shanghai and Anhui will fund a variety of semiconductor-related projects this year — ranging from the development of DRAM chips to building facilities for chipmaking and its tools
 
							Shares in the company have dropped 18% over the last month as chipmakers continue to struggle to gain traction after last year’s slump