this post was submitted on 09 Sep 2023
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China’s top chipmaker may be in hot water as US lawmakers call for further sanctions after Huawei ‘breakthrough’::Shares in SMIC, China’s largest contract chipmaker, plunged on Thursday, after two US congressmen called on the White House to further restrict export sales to the company.

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[–] Blapoo@lemmy.ml 39 points 2 years ago (12 children)

"Hot water"? They seem pretty content about the breakthrough.

Man, US penalizing foreign breakthroughs is pathetic.

[–] CosmoNova@feddit.de 34 points 2 years ago (9 children)

You don‘t get it. Huawei and the CCP made some propaganda about how the sanctions totally don‘t work and claimed they were able to produce a chip that is 5 years behind. It is however more likely it was a big bluff and they didn’t produce it themselves. So their plan of saying „Your sanctions only force us to innovate and will hurt you in the end so you might aswell lift them“ completely backfired. The US saw their propaganda and probably judt thought the sanctions weren‘t hard enough if China keeps getting chips supplied to them. Hot water is a nice euphemism for what China is in right now.

Man, I love the amount of copium here.

Anything that makes you better little man :)

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