China Deals Blow to US Tech Giants

News Snapshot:

China is set to implement a ban on United States-made microprocessors from Intel and AMD in government PCs and servers, favoring domestic technology over foreign solutions. "Officials have begun following the new PC, laptop and server guidelines this year, after they were unveiled with little fanfare by the finance ministry and the Ministry of Industry and Information Technology (MIIT) on December 26," Financial Times reported on Sunday. This ban is not just a policy change, but a clear signal of the escalating tech rivalry between China and the United States. Both nations are now in a race to secure their...