A chip report out of China erased $1 trillion in market value

A report that China has begun mass-producing specialty chips for AI triggered a selloff that erased $1 trillion in market value from other chip manufacturers, according to the Guardian. The same week, the Federal Communications Commission banned humanoid robots from China, alleging they could steal data or surveil US citizens.

A report this week that China has begun mass-producing specialty chips key to the AI boom set off a selloff that erased $1 trillion in market value from other chip manufacturers, according to the Guardian https://www.theguardian.com/technology/2026/aug/01/china-silicon-valley-white-house . The same week, the Federal Communications Commission banned humanoid robots from China, alleging they could steal data or surveil US citizens. — Read the rest https://boingboing.net/2026/08/02/china-tech-rattles-silicon-valley.html The post A chip report out of China erased $1 trillion in market value https://boingboing.net/2026/08/02/china-tech-rattles-silicon-valley.html appeared first on Boing Boing https://boingboing.net .