China is phasing out Intel and AMD chips in government PCs
China has recently set up new guidelines that will see the phasing out of US microprocessors from Intel and AMD in government computers and servers and other foreign-based technologies such as the Microsoft Windows operating system.
This move comes after the US imposed sanctions on several Chinese companies and blocked exports of advanced chips to China. According to Chinese government officials, these foreign technologies will be replaced with homemade alternatives to boost productivity and improve China's stance in the global technology market.
Intel and AMD were valued at $179.99 billion and $290.28 billion respectively in 2023, with both making $14.85 billion and $3.4 billion in revenue respectively from the Chinese market, according to Statista and company data. The ban based on the new guidelines will drastically reduce their stakes in the Chinese market as local competitors take over.