China's pursuit to compete with US in chip technology

As technology continues to evolve rapidly, the global race to advance semiconductor manufacturing and chip technology intensifies. China finds itself at a critical juncture, striving to catch up with US industry giants. Under the "Made in China 2025" initiative, the country has heightened efforts to achieve semiconductor self-sufficiency and reduce reliance on the US. However, challenges persist as the gap in cutting-edge technology and innovation remains vast. The competition for technological supremacy between China and the US is unfolding into a high-stakes strategic battle. As China seeks to strengthen its semiconductor capability, recent geopolitical tensions have played a significant role…