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The US has fought that contest mainly by controlling access to a handful of companies that supply the world’s most advanced chips and the machines that make them. China has spent the same years working around those curbs and trying to build its own. Nvidia designs the processors most widely used to develop and run AI models, known as graphics processing units (GPUs). It relies on Taiwan Semiconductor Manufacturing Co (TSMC), a contract manufacturer, to make them. TSMC in turn depends on machines that only one company in the world can build. ASML of the Netherlands makes extreme ultraviolet (EUV)…
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