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The Federal Reserve is now saying that the US shot itself in the foot with its export controls on China, as illustrated by Intel's recent staff layoffs. (www.newyorkfed.org)
submitted 6 months ago by yogthos@lemmygrad.ml to c/us_news@lemmygrad.ml
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[-] gueybana@hexbear.net 12 points 6 months ago

US has imposed export controls to deny China access to strategic technologies

Damn, whatever will China do without Intel’s boomer ass chipsets?

[-] Barx@hexbear.net 7 points 6 months ago

It's probably more about their lithography systems but it still won't matter because China is developing domestic capacity absurdly fast.

[-] SadArtemis@lemmygrad.ml 6 points 6 months ago

their lithography systems

Dutch lithography systems, you mean 😂 the US is essentially dismantling all western monopolies on its way out...

this post was submitted on 03 Aug 2024
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