00:00 It's Benzinga and here's what's on the block.
00:02 China continues to be a vital market for U.S. semiconductor companies despite escalating
00:07 geopolitical tensions as U.S. chipmakers generate billions yearly from China due to its huge
00:11 demand for chips.
00:13 Export controls under discussion by the U.S. could disrupt chipmaker sales and operations
00:17 in China if it retaliates against American tech.
00:20 China is advancing its domestic semiconductor industry by investing billions of yuan in
00:24 subsidies to enhance local manufacturing in response to technology access restrictions
00:29 imposed by the U.S. and the Netherlands.
00:31 For all things money, visit Benzinga.com
00:33 [BLANK_AUDIO]
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