Bloomberg
US Tech Curbs Could Halve Growth of China’s Top Chipmaker
(Bloomberg) — US restrictions on China’s access to advanced American technologies could slash growth of the country’s largest chipmaker by half next year, Bloomberg Intelligence estimates.Semiconductor Manufacturing International Corp. could see 2023 sales growth 50% lower than he previously expected, as the latest export curbs hamper its capacity buildup, analyst Charles Shum wrote on Monday. Roughly 48% of SMIC’s capacity to be installed by next year will require gear from US tool makers such