TechHighReportedAccelerating
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China tech firms struggle to replace Nvidia AI chips amid US export curbs
Financial Times·CN · US·3 days ago
China's September integrated circuit exports rose 136% year-on-year to $45 billion, far outpacing the 108% growth for the first nine months, driven by higher memory chip prices amid AI demand. Volume grew only 1%, indicating price, not volume, is the primary driver. This underscores China's expanding role in the global semiconductor supply chain despite US export controls.
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