China targets 30% growth in computing power in race against U.S

Published Oct 09, 2023 01:53AM ET © Reuters. FILE PHOTO: Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo GOOGL +1.86% Add to/Remove from Watchlist AAPL +1.48% Add to/Remove from Watchlist By Josh Ye HONG KONG (Reuters) – China aims to boost the country's aggregate computing power by more than 30% by 2025, according to a plan released by authorities on Monday, as Beijing tightens its focus on supercomputing and artificial intelligence innovations. The plan comes amid rising competition between China and the…