Corporate News
The U.S. and its allies are joining forces on chips. That could stop China reaching the next level

Leading chipmaking nations including the U.S. are forming alliances, in part to secure their semiconductor supply chain and to stop China from reaching the cutting-edge of the industry, analysts told CNBC. Places including the United States, South Korea, Japan and Taiwan, which have strong semiconductor industries, have looked to forge partnerships around the critical technology. “The immediate reason for all this is definitely China,” said Pranay Kotasthane, chairperson of the High Tech Geopolitics Programme at Takshashila Institution, in reference to the alliances.

News Source:- https://www.cnbc.com/2022/09/22/semiconductor-alliances-between-us-and-asia-could-hold-back-china.html