Sources: China is pausing massive investments and costly subsidies aimed at building a chip industry to compete with the US, amid a nationwide COVID-19 wave (Bloomberg)

by #AI January 3, 2023 · Automatic

Bloomberg:
Sources: China is pausing massive investments and costly subsidies aimed at building a chip industry to compete with the US, amid a nationwide COVID-19 wave — China is pausing massive investments aimed at building a chip industry to compete with the US, as a nationwide Covid resurgence strains …