Latest Crypto News: US Export Control Meant to Cripple China’s AI. But They Created Its Most Valuable Company | TokenGuardHub

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When Washington blocked China from buying advanced chips, the goal was to slow Beijing’s AI ambitions. It may have accelerated them instead. CXMT Corp, a memory chipmaker once dependent on foreign technology, debuted on Shanghai’s STAR Market last month and surged 466% in a single session. The stock eclipsed Industrial and Commercial Bank of China

Source: BeInCrypto

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