China’s Immense $25 Billion Spending on Chipmaking Equipment in H1 2024 Surpasses Combined Expenditure by the US, South Korea, and Taiwan

The modern cold war, deeply rooted in the tech world, is escalating as nations compete for dominance in the AI-driven, productivity-boosting era. With the US and its allies set on limiting Beijing’s access to advanced semiconductor technology, China is finding increasingly innovative ways to circumvent these restrictions while enhancing its domestic capabilities. Image Credit: X / GammaLab@

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