AdvtAdvtJoin the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. "What this (Alibaba) episode tells us is that US restrictions of chip supply to Chinese tech firms will have the potential of disrupting consequential business decisions," Ni Tao, founder of the Chinese robotics and automation portal cnrobopedia.com, told AFP. "The US is sending a clear signal to the world's cutting-edge chip developers: don't even bother... developing a high-performance computing chip for the China market. The rules will catch up," the research firm Rhodium Group said in a report this month. "China's tech champions face an uncertain future in the wake of the October 17 controls.

Source: Economic Times November 18, 2023 08:46 UTC