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China spent $25 billion on chip manufacturing tools in the first six months of 2024 and plans to spend an additional $25 billion by the end of the year. According to a new report by Nikkei Asia, China is now outspending South Korea, Taiwan, and the US combined on chipmaking…Read Entire Article…
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China is spending more on chipmaking machines than anyone else in the world
China spent $25 billion on chip manufacturing tools in the first six months of 2024 and plans to spend an additional $25 billion by the end of the year. According to a new report by Nikkei Asia, China is now outspending South Korea, Taiwan, and the US combined on chipmaking…Read Entire Article…