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Could the U.S. Lose Cloud Computing to China?

August 28, 2021
Source: etftrends.com etftrends.com
News Snapshot:
China’s Huawei, a leader in information and communications technology infrastructure as well as smart devices, doubled its global market share for Infrastructure as a Service in 2020, according to Politico . Cloud computing has become a vital part of a digital age, as it houses everything from databases and storage, to email, to artificial intelligence, which include data applications that require an enormous amount of computing power that the cloud can provide. It’s an area that could go the way of 5G if the U.S. isn’t careful; while Microsoft, Amazon, and Google were all first into the space, China is...
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