Big tech companies caught between Washington pressures and the huge Chinese market

Big tech companies caught between Washington pressures and the huge Chinese market

Chips and AI are at the heart of the geopolitical conflict between the United States and China  The world is witnessing a radical shift in the nature of economic and geopolitical conflict, with advanced technology, specifically semiconductors and artificial intelligence, at the heart of the competition between the United States and China. This conflict is not merely a traditional trade rivalry over market share; it is an existential battle that is redrawing the global power map for decades to come. Controlling semiconductor supply chains means controlling everything from advanced military capabilities to global financial systems, and including the infrastructure of smart cities and advanced healthcare. US chip law: A strategic weapon to curb Chinese technological superiority The most significant American move in this context was the passage of the "Semiconductor and Science Act," which allocates hundreds of billions of dollars to encourage semiconductor manufacturing within the…