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The Federal Reserve is now saying that the US shot itself in the foot with its export controls on China, as illustrated by Intel's recent staff layoffs.
(www.newyorkfed.org)
this post was submitted on 03 Aug 2024
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It's probably more about their lithography systems but it still won't matter because China is developing domestic capacity absurdly fast.
Dutch lithography systems, you mean ๐ the US is essentially dismantling all western monopolies on its way out...