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China quietly profits from US AI boom despite Washington’s tech curbs: research

Source: scmp.com scmp.com
News Snapshot:

China is gaining from America’s trillion-dollar artificial intelligence spending spree despite Washington’s efforts to curb Chinese technology ties, as the US data centre boom ripples through Asian technology supply chains, according to research by Oxford Economics.Roughly US$2 trillion worth of data-centre projects are planned or under way in the US, according to a report by the consultancy, with as much as three-quarters of the cost tied to equipment such as semiconductors and servers.That spending was translating into a sharp rise in US imports of electronic goods, much of it sourced from Asia as well as Mexico, the report said.AdvertisementThe most…

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