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China remains crucial for U.S. chipmakers amid rising tensions between the world's top two economies

·1 min

Data from S&P Global showed that U.S. chip giants generate more revenue from China than the U.S. U.S. chipmakers have indicated their commitment to serving the Chinese market despite restrictions on chip sales to China. China remains an essential market for American chipmakers, despite U.S. efforts to restrict chip sales and China’s push for self-sufficiency in the semiconductor sector. Semiconductors are crucial components in various products, and China is the largest consumer of semiconductors globally. U.S. chipmakers have been able to tap into this demand as the export curbs primarily focus on specific products.