China tells telecom carriers to phase out foreign chips in blow to Intel, AMD

China tells telecom carriers to phase out foreign chips in blow to Intel, AMD - WSJ

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China tells telecom carriers to phase out foreign chips in blow to Intel, AMD - WSJ

Apr 12, 2024 2:23 AM

April 12 (Reuters) - Chinese officials had earlier this

year directed the nation's largest telecom carriers to phase out

foreign processors that are core to their networks by 2027, a

move which would hit American chip giants Intel ( INTC ) and

Advanced Micro Devices ( AMD ), the Wall Street Journal reported

on Friday.

(Reporting by Akanksha Khushi in Bengaluru; Editing by Arun

Koyyur)

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