In addition, Gates indicated that he describes relations between the US and China as the “most important in the world” and that he would like them to be at a better level than the current one.
The US can never stop China from having good chips, he claimed this Thursday the founder of the company Microsoft, Bill Gates, to the newspaper The Financial Times.
The billionaire stressed that US policy makes the Chinese spend time and a lot of money to be able to make their own chips, but that they are capable of doing it quite quickly.
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“The idea that we might sell them chips, we are destroying it. You know, we’re saying: make your own jet engines, your own software, your own chips. I think that’s a shame and I don’t understand the logic, given that they’re at scale to catch up pretty quickly and I don’t see how that’s a gigantic benefit,” he noted.
Thus, for example, the largest Chinese chipmaker, Semiconductor Manufacturing International Corporation (SMIC), which is under sanctions of the USA since 2020, public in February the results of its operations for 2022, which showed a 33.6% increase in the company’s revenues compared to the previous year.
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In addition, Gates indicated that he qualifies relations between the US and China as the “most important in the world” and that he would like them to be at a better level than the current one. “I would like the United States and China to get along better,” he declared.
“I am disappointed and concerned by the way that relationship has evolved in recent years,” he concluded.
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- Currently the two largest economies in the world compete for dominance in key technological areas. Last October, the US Department of Commerce. imposed Restrictions on the supply of supercomputing and semiconductor products to 31 Chinese companies, including Yangtze Memory Technologies Corp. (YMTC), China’s leading memory chip maker.
- For its part, in December 2022, Beijing presented a lawsuit once morest the US before the World Trade Organization (WTO) for trying to block its high-tech sector.