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Huawei chairman thanks the US for export restrictions on chips, says it supercharged China’s semiconductor industry — Washington’s export controls encouraged Chinese firms to invest in R&D and build their own tech stack competing with American tech

…But even then, President Donald Trump enacted a complete export ban during his second term, forcing Nvidia to write-off $5.5 billion in GPUs and costing AMD $800 million in sales…

May 30, 2026 · Jowi Morales

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