Don’t underestimate China’s ability to build its own advanced chips despite U.S. curbs, tech analysts say
2023-06-06 09:09:58 source:CNBC
June 5, 2023
Industry analysts are optimistic that Chinese chip makers will develop their own advanced semiconductors despite Washington’s attempts to cut the country off from accessing or manufacturing the technology.
“I don’t underestimate China’s ability and resolve to find a way to build next generation technologies and to also utilize some lagging technologies to still build really important products,” Daniel Newman, CEO and principal analyst at research firm Futurum Group, told CNBC.
Chinese companies such as Huawei and Alibaba are studying methods to develop cutting-edge artificial intelligence performance with fewer or less powerful semiconductors, or combine different chips to reduce reliance on a single hardware, according to a report by The Wall Street Journal.
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