Biden made a chip bill in August last year, and so far, the effect has not been very good.
As a result, the Yankees' habitual thinking came out, and they did not think about how to develop themselves, but first considered how to restrict others.
Therefore, the restrictions on the development of our chip industry have been increased layer by layer.
But I didn't expect the reversal to come so quickly.
It now seems likely that the United States will have to revise its policies.
In fact, China has a growing say in this matter.
First of all, because we are the largest chip consumer market, so when we reduced imports a lot this year, chip giants such as Europe and the United States immediately sadly found that their inventories were desperate, and the chips were desperate.
Many U.S. companies had to announce a freeze on wage increases and some layoffs.
And that's not the only reversal.
Then we launched strong countermeasures and issued a purchase ban on the American chip giant Micron Technology.
The impact of the existence of safety hazards in Micron's products can be large or small.
The development of this era is the Internet era, and any kind of service is mixed with Internet services, and the operation behind it needs to store data. A chip that needs to be stored to store data.
Micron is the world's largest memory chip company, and many electronic service products or others currently use Micron's memory products. In particular, Micron's DRAM memory is Micron's main sales product.
According to 2022 data, Micron's main sales products account for the third largest market share in the world, of which the revenue of DRAM memory alone has reached more than $20 billion.
In addition to this product, Micron's second largest product is NAND flash memory, and in this product market, Micron also accounts for the fifth place in the market.
The order for such a giant company can be said to be directly hit on the 7-inch in the United States.
The larger the company, the larger the output, and the greater the loss once the Chinese market is lost.
It is precisely because of the restrictions of the United States that our chip manufacturing capacity is constantly improving, and now it occupies a 16% share in the world's semiconductor industry and a whopping 21% share in the memory field.
Nowadays, China's domestic policies to support chip technology research have not stopped, and semiconductor companies are still continuously improving the production capacity of chips.
For American companies, they are now temporarily losing the Chinese market because of the U.S. export restriction policy. But in the future, because of the continuous development of China's chip industry, they will lose the Chinese market for a long time.
Today, South Korea is also aware of the importance of the Chinese market.
South Korea is also an ally of the United States. At first, China's chip industry was restricted, but it was clear that the Chinese market was lost, and the turnover of some Korean companies declined.
South Korea immediately changed its attitude and is now working on new alternatives to chips** to China, bypassing US restrictions and finding new development cooperation.
Moreover, South Korea is now very indifferent to some of the demands of the United States.
In fact, the main reason for the restrictions imposed by the United States on China's ** war is to pull more allies to impose restrictive measures on China. But now, it is clear that countries like South Korea no longer want to participate, let alone lose their own interests for the sake of the United States.
It also shows that the United States is dismantling the united front of restraint, and it seems that the United States can no longer maintain its usual arrogance.
At present, inflation in the United States has not come down, but the economic growth rate is close to recession, and the problem in front of Biden is very real.