芯片技术竞争

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中美金融暗战打响,美国不装了,要硬抢了,但中国却是另一景象
Sou Hu Cai Jing· 2025-09-06 08:30
Group 1 - The U.S. Treasury invested $8.9 billion to acquire nearly 10% of Intel's shares, marking a significant shift in government involvement in the tech sector [1][3] - Intel has invested $108 billion in capital expenditures and $79 billion in R&D over the past five years, yet its market value is only one-tenth of Nvidia's [3] - The U.S. government aims to enhance national security, recover finances through dividends, and gain influence over Intel's board by acquiring shares [3][9] Group 2 - China's response to the U.S. investment was notably calm, with significant advancements in domestic chip production, including a 92% yield rate for Yangtze Memory Technologies [5] - Chinese chip imports have decreased by 18% in the first seven months of the year, while domestic equipment exports have increased by 34% [5] - The U.S. technology blockade has proven ineffective, as Chinese companies have made significant progress in advanced manufacturing processes [7][9] Group 3 - A separate chip manufacturing corridor is emerging, with TSMC and Samsung expanding their operations in China, alongside local firms [9] - Intel's cost per 7nm wafer is approximately $9,000, while China's SMIC can produce the same at $6,000, indicating a potential pricing advantage for Chinese manufacturers [9] - The contrasting strategies of U.S. nationalization and China's market-driven approach highlight a broader shift in global economic roles [12]