The share of domestic chip-making equipment suppliers has increased to about 20 percent, driven by demand from Chinese chip foundries, according to Randy Abrams. “ So if we keep the very advanced nodes, there are actually a lot of [investment] opportunities ,” he said.
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Global demand for chips is expected to pick up once inventory shortages ease and purchasing quality improves at semiconductor foundries, he said.
A slew of sanctions imposed by the US since 2019 have also forced companies across China's vast technology supply chain to work closely together.
Internet search giant Baidu, which runs Ernie Bot and Ernie LLM, has ordered $61 million worth of Huawei 910B Ascend AI chips, which the Chinese firm developed as an alternative to Nvidia's A100 processor, for 200 servers, according to a November report published by Reuters citing sources.
The China news item “China’s AI to Continue to Grow in 2024 Despite kazakhstan email address Tight US Chip Restrictions” was prepared by PRC.TODAY based on materials from the SCMP website.
Tencent said at the time that the app was searching for new images to make sending photos to users "faster and more convenient," and that it would only access the gallery after the user had logged in. The company also said it would remove scanning in the new version of the app .
Read more CHINA NEWS Chinese carmaker BYD unconcerned by EU anti-subsidy probe
Pony Ma claims the 'incident' has been fixed
Yicai sourced Pony Ma's comments from CSDNnews, a technology news outlet run by the China Software Developers Network.
Pony Ma told CSDNnews in a private WeChat message that this “old incident” from 2021 has been fixed, according to a screenshot provided by the outlet.