Billions Dollars in Equipment Sold to China! US Chip Giant Faces Criminal Investigation!

Applied Materials, a semiconductor equipment giant, is reportedly under investigation by the United States for allegedly evading export restrictions and shipping semiconductor equipment worth hundreds of millions of dollars to Chinese chip manufacturers without the required licenses. The US has been implementing stricter export controls on semiconductor technology, aiming to hinder the growth of Chinese companies. However, these restrictions have prompted Chinese companies like Huawei to focus on independent development, challenging the dominance of American companies. Huawei’s success with their Kirin chipset has resulted in losses for American companies like Qualcomm and Intel. Qualcomm’s net profit dropped by 44% compared to the previous year, while Intel has experienced continuous revenue decline. Despite the challenges, NVIDIA has benefited from the high demand for AI chips but has faced its own restrictions imposed by the US. “China Focus“ is a YouTube channel created to provide current events and pop culture headlines from you can get to know a more real China through my video. ｜ #ChineseNews #chips #ChinaFocus Thanks for your watching and subscribing.