#Новости 🇨🇳

🇨🇳 China increases pressure on the chip market

China is accelerating the development of its own semiconductor industry: the largest memory manufacturer, CXMT, is preparing for a record IPO, while companies associated with Huawei are launching mass production of their own chipmaking equipment.

Against this backdrop, shares of the largest semiconductor manufacturers came under pressure, and the U.S. stock market’s capitalization fell by approximately $600 billion in a short period of time.