China chip giant SMIC shares sink on US export controls
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DefenceTalkDefenceTalkShares in China’s biggest chipmaker tumbled Monday on reports that the United States had imposed export controls on the company, the latest salvo in the countries’ battle for technological dominance. In a new blow for China’s advanced tech ambitions, the US Commerce Department reportedly ordered companies to seek permission before selling equipment to Semiconductor Manufacturing […]https://www.defencetalk.com/china-chip-giant-smic-shares-sink-on-us-export-controls-76389/
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