US chips are 'no longer safe' to buy, Chinese industry bodies say

3/12/2024 21:08

        Chinese companies should be wary of buying U.S. chips as they are "no longer safe" and buy locally instead, four of the country's top industry associations said on Tuesday in a rare coordinated response to Washington's curbs.
        
        The associations, which released similarly worded statements shortly after each other, did not go into details on why U.S. chips were unsafe or unreliable.
        
        The associations cover some of China's largest industries, including telecommunications, the digital economy, autos, and semiconductors and combined count 6,400 companies as members.
        
        Their advice could impact U.S. chipmaking giants like Nvidia , AMD, and Intel that, despite export controls, have managed to keep selling their products in the Chinese market.
        
        It could also add to escalating trade tensions between two nations ahead of President-elect Donald Trump's return to the White House.
        
        The Internet Society of China urged domestic companies to think carefully before procuring U.S. chips and seek to expand cooperation with chip firms from countries and regions other than the United States