US chipmakers in China see revenue rise, defying trade tensions: Hurun list
Despite ongoing trade tensions and US export restrictions on advanced chips, American semiconductor companies experienced a notable revenue increase in China last year. A report from the Hurun Research Institute indicates that 26 US chipmakers collectively saw their China revenue grow by an average of 20%. This growth is attributed to strong demand for AI computing power and the broader semiconductor industry supply chain within China. AI
IMPACT Demonstrates continued demand for AI hardware in China despite geopolitical restrictions, potentially influencing global supply chains.