Chip War

Chinese trade associations claim that U.S. CHIPS Act and Science law will intensify semiconductor geopolitical competition.

The U.S. Government is looking to weaken China's ability to grow in the semiconductor industry by banning exports of tools used to make logic chips smaller than 14nm.

Chipmakers getting subsidies from U.S. will be prohibited to build new semiconductor capacity in China, other countries that present national security threat to the U.S.