News China's chipmaking champion soars amid China's push for self-reliance — SMIC's stock jumps 120% as semiconductor trade war intensifies

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Will growing local sales compensate for its inability to produce cutting-edge chips?
The US gov't defines "advanced nodes" as >=14/16nm in it's official sanctions documents, so SMIC achieving 7nm in Huawei Mate 60 Pro is by definition producing advanced chips. It's funny how the goalposts is ever shifting and semantics gymnastics.
 
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