⚡️🇨🇳🤖 China aims to triple chip production for artificial intelligence in 2026, supp...

⚡️🇨🇳🤖 China aims to triple chip production for artificial intelligence in 2026, supporting Huawei's expansion and start-up DeepSeek after US bans on Nvidia processor exports.

🔻 The Chinese government is heavily funding the birth of a national semiconductor and advanced memory supply chain, with the goal of reducing dependence on foreign countries and challenging US technological leadership.

🔻 Three new facilities will come online within the next year and could surpass the production capacity of China's current leader SMIC.

🔻 Meanwhile, DeepSeek has introduced a new format that makes chips faster and more efficient, albeit slightly less precise, in an attempt to reduce the gap with American technology. After the announcement, Cambricon and SMIC shares rose on the stock market.