army California China Chinese Communist Export Exports military National Security Revenue Semiconductor Technology War
A recent congressional report has accused three California tech giants of aiding China to advance its military capabilities while prioritizing profits. The US House Select Committee on the Chinese Communist Party revealed how companies like Lam Research, Applied Materials, and KLA Corporation have been contributing to China's tech growth. The three CEOs - Timothy Archer, Gary Dickerson, and Rick Wallace - have collectively made significant revenue by selling equipment that powers various devices, including military technology, to Chinese entities. The report suggests these actions compromise US national security. The committee highlighted the rising dependence of these companies on China's market…
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