Chinese Tech Firms Battle to Produce Advanced Chips Despite US Sanctions
Although the United States has spent the past few years limiting China’s access to American-made semiconductor chips, the East Asian nation seems to be producing advanced chips on its own. SMIC, the largest chipmaker in China, appears to be manufacturing advanced chips despite the U.S. sanctions. Last year, the United States issued chip sanctions that prevented American companies from exporting computer chips to China to keep the country’s fledgling artificial-intelligence sector from growing. The export restrictions imposed new rules on sales reporting for different types of advanced chips, controls for the sale of advanced design software and chipmaking equipment to…