I think that is very likely. Any Chinese companies not planning for that is being very foolish. But just to guard against foolishness of companies like geely, nio and xpeng, the Chinese govt may have to secretly pressure them to go with domestic options.
Again, it's very important for smic to raise production of its smsc fabs in order to supply domestic demand for these things.
Server CPUs got spared this time around. I can really see us government targeting that next and deprive Chinese cloud service providers from buying Intel and AMD server chips. So, Alibaba and Huawei better start stocking up on their own server chips.
Hmm, maybe to a couple of companies, but you gotta calm the hyperventilation. After all, for a lot of industries, china is the only option. I don't see china doing much here because these moves help china's local industries. But if they start denying export markets to china, I can see china just stop exporting stuff like neon gas, rare Earth's, gallium and silicon to America. That would actually be devastating.
I don't think we need positive takes or affirmation. China also doesn't need Sputnik moment.
The Chinese chip industry is making great progress. Aside from slower expansion with ymtc and cxmt as well as see personnel loss, this law is a huge net plus for china and a huge strike against us companies. In the short term, Japan and European suppliers will benefit. Long term, Chinese suppliers are huge winners here.
