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Investors remain cautious on Chinese stocks despite US trade tensions /
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2024-06-25 22:01:20

Investors remain cautious on Chinese stocks despite US trade tensions on Nostr: US sanctions impact Huawei's AI chip production, affecting Chinese companies ...

US sanctions impact Huawei's AI chip production, affecting Chinese companies
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US sanctions on Huawei are impacting the production of its AI chips, affecting Chinese companies like Baidu and Alibaba. Huawei's chip fabrication machines are causing breakdowns, and the company can't receive equipment from US companies due to the sanctions. Despite this, Huawei released the Mate 60 Pro smartphone with a Kirin 9000s chip. US Secretary of Commerce Gina Raimondo criticized the chip, saying it's not as good as US-made chips. #Huawei #USsanctions #AIchips #Chinesecompanies...

#newstr #UsSanctions #Huawei #AiChipProduction #ChineseCompanies

https://here.news/story/6e511397?ver=0.18
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