Capital market eyes chip sector as global sales share of Chinese semiconductor expected to rise to 17% in 2024 (Qi Xijia and Chu Daye, Global Times)

January 24, 2022

The US House of Representatives will soon introduce a bill to increase US competitiveness as it relates to China and boost federal spending on semiconductors, Speaker Nancy Pelosi said on Friday as the Biden administration seeks to boost domestic chip production, Reuters reported.

Domestic chip production is the US’ own prerogative, but its attempt to undermine the Chinese industry could have unintended effects, as China’s chip industry continues to develop with more attention from capital markets, according to analysts.

Capital market eyes chip sector as global sales share of Chinese semiconductor expected to rise to 17% in 2024 – Global Times

Marco Emanuele

Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

Capital market eyes chip sector as global sales share of Chinese semiconductor expected to rise to 17% in 2024 (Qi Xijia and Chu Daye, Global Times)

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