It certainly looks like SMIC will be blacklisted. Their shares are now falling...
SMIC shares tumble after reports US will blacklist Chinese chipmaker
SMIC shares tumble after reports US will blacklist Chinese chipmaker
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It certainly looks like SMIC will be blacklisted. Their shares are now falling...
SMIC shares tumble after reports US will blacklist Chinese chipmaker
The strange thing here is the multi-billion funding is supposed to be from the government, and it's not enough? Maybe the government has to be more careful going forward.