According to Intel boss Gelsinger, the trade restrictions imposed on China have far-reaching consequences and will not be able to close the gap with the global chip industry in the near future.
In terms of sales, Intel is currently the largest chip manufacturer in the world. The company’s CEO Gelsinger says China is set back a decade because of the sanctions imposed. The US and China have long been locked in a chip conflict that has resulted in one revenge attack after another. China’s restrictions will only widen the gap with the global chip industry.
Ongoing chip war
There has been a chip conflict between the USA and China for a long time, which is probably politically and economically oriented. The US is desperate to keep China out of the AI ​​race and has imposed restrictions on the export of GPUs to China. Despite the trade restrictions, Nvidia continued to sell GPUs in China.
After the restrictions were imposed, China retaliated by imposing restrictions on the export of two metals necessary for the production of GPUs. So the chip war is not over yet. Countries such as Japan and the Netherlands have also imposed restrictions on China.
Global industry
According to Intel boss Gelsinger, these sanctions against China would cause the country to fall behind in chip development. China will continue to drive chip industry development domestically, but the gap with the global industry will be difficult to close.
Modern semiconductor process technologies require a concerted, global effort, fundamental research and hundreds of billions of dollars in research and development. The question is whether China can handle this alone. With China completely insulated from advanced chip manufacturing tools and technologies, chip companies may still be trying to copy devices to close the gap with the global industry.