Should US Chipmakers Fear China’s Semiconductor Ambitions?

Should US Chipmakers Fear China’s Semiconductor Ambitions?
Chips by Tsinghua Unigroup at the 2020 World Semiconductor Conference in Nanjing in China's eastern Jiangsu Province on Aug. 26, 2020. STR/AFP via Getty Images
Fan Yu
Updated:
News Analysis
U.S. technology stocks suffered the biggest two-day loss since March on Sept. 3 and 4. Leading the way downward were U.S. chipmakers that underperformed the broader sector following the news that China is planning policy changes to boost its domestic semiconductor industry.
Fan Yu
Fan Yu
Author
Fan Yu is an expert in finance and economics and has contributed analyses on China's economy since 2015.
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