The US Commerce Department has signed an accord with Taiwan Semiconductor Manufacturing Company (TSMC) to build the world s most advanced semiconductors at Arizona in Phoenix by the end of 2030, and has awarded $6.6 billion as a subsidy.
China is expected to ‘work within those constraints and try to make progress’ by tapping into domestic AI accelerator programmes and being more economical in using computing resources.
A report released this week showed that despite Washington's new export restrictions to curb advances in China's semiconductor industry, Chinese companies are still buying U.S. chipmaking equipment
Sensitive Tech: It is part of a strategy of "de-risking" but not "decoupling" from China, pioneered by European Commission President Ursula von der Leyen.