China reduces purchases of chips, US chips avalanche!

Recently, American chip companies have announced their poor performance one after another, and even have fallen sharply. The market value of American chip companies has also fell sharply, showing the attitude of avalanche. The important reason for American chips to fall into such a dilemma is that China continues to reduce chip procurement volume. In the past few years, China focused on products, and the chip industry, known as industrial grain, was in the hands of the United States. As a result, the United States has made generous profits. At that time, China Lenovo Group, the world’s largest PC company, had only about 2%of the profit margin, while Intel received more than 20%of profits, and China and the United States took their needs. However, since the United States has frequently restricted chip exports a few years ago, China has begun to force the chip industry. In recent years, it has gradually broken the monopoly of American chips. The days o