Speaker 1: Ting here. And if you thought US China tech drama
Speaker 1: was slowing down, buckle up, because the last two weeks
Speaker 1: have been pure cyber chaos and trade intrigue at speeds
Speaker 1: that would make a TikTok trend look sluggish. First up, cybersecurity,
Speaker 1: Let's talk Salt Typhoon, the hacking group that's got every
Speaker 1: US agency on red alert. According to Michael Matchinger at
Speaker 1: the FBI, Salt Typhoon, linked right back to Beijing, managed
Speaker 1: to infiltrate data belonging to millions of Americans through telecom networks.
Speaker 1: We're not just talking your garden variety hacks here. The
Speaker 1: campaign went global, over eighty countries hit with at least
Speaker 1: two hundred major American organizations. Compromised Victims ranged from telco's
Speaker 1: like Verizon and AT and T all the way up
Speaker 1: to household political names. What's more, Beijing's reliance on domestic
Speaker 1: tech firms like Sichuan Duchinhei Network Technology has backfired. As
Speaker 1: pointed out by another FBI executive, the fragmented control and
Speaker 1: lack of oversight in these companies gave US cyber defenders
Speaker 1: breadcrumbs straight back to the source. But even with this exposure,
Speaker 1: China's hacker for higher model remains reckless, and let's face it,
Speaker 1: absolutely massive in scale switching from code to chips. The
Speaker 1: US just yanked the special permissions that allowed Samsung and
Speaker 1: s k Heinex to buy American chip making gear for
Speaker 1: their China factories. These carve outers were a band aid
Speaker 1: dating back to twenty twenty two, but now anyone wanting
Speaker 1: advanced US tools in China needs a license. Comma says
Speaker 1: existing Chinese factories will keep running, but forget about expanding
Speaker 1: or importing state of the art tech. US suppliers like
Speaker 1: LAMB Research and Applied Materials selt the sting immediately with
Speaker 1: stock slumps for chip geeks. This means slower Chinese act
Speaker 1: to advanced hardware, but ironically it also hands a juicy
Speaker 1: opportunity to local Chinese equipment makers and even US rivals
Speaker 1: like Micron. Tariffs. Oh yes, those are back in the spotlight.
Speaker 1: The US and China did a surprise ninety day truce
Speaker 1: in May, slashing tariffs to boast trade just as summer
Speaker 1: was heating up. For now, US rates on Chinese imports
Speaker 1: hover at thirty four percent, but with most of that suspended,
Speaker 1: the effective rate for gadgets like laptops and GPUs is
Speaker 1: just ten percent. China reciprocated dropping its curtain of tariffs
Speaker 1: on American soybeans and machinery, but this is temporary. November
Speaker 1: brings the uncertainty back. The Office of the U S
Speaker 1: Trade Representative just extended exemption on China made GPUs and
Speaker 1: motherboards to late November, to the relief of both gamers
Speaker 1: and PC industry execs dreading a price hike disaster on
Speaker 1: the Chinese side, Huawei's senior execs Syal jing Ween, just
Speaker 1: pulled off a victory lap, declaring that Huawei has built
Speaker 1: a computing and AI ecosystem fully independent of U S Tech.
Speaker 1: Their cloud matrics three hundred and eighty four system, a
Speaker 1: monster cluster delivering three hundred petaflops just came online, challenging
Speaker 1: US dominance in data center power. Tao even claimed China
Speaker 1: is positioned to surpass the U S in AI application,
Speaker 1: riding on homegrown hardware and the country's massive business base. Meanwhile,
Speaker 1: Beijing's regulators are busy minding the AI gold rush, warning
Speaker 1: provinces to avoid disorderly competition. The National Development in Reform
Speaker 1: Commission wants a coordinated boom, not a bubble, and desurging
Speaker 1: local governments to play to their unique strengths. It's all
Speaker 1: about steering investments smartly and no nurturing real innovation, not
Speaker 1: just throwing funds at every AI startup that shouts GPT
Speaker 1: loud enough industry impact, us hip and cloud farms are
Speaker 1: evaluating exits. Chinese tech companies are on the rise, but
Speaker 1: still worried about component supply restrictions and global supply chains
Speaker 1: are one policy tweet away from gridlock. Experts like those
Speaker 1: from Bloomberg and SCMPS say the next six months will
Speaker 1: be all about resilience, decouple and the battle of national
Speaker 1: champions think Huawei versus Nvidia, with regulators refereeing in between forecast.
Speaker 1: Expect further retaliatory restrictions at least one box star hacking
Speaker 1: report each quarter, and both sides accelerating their sprint towards
Speaker 1: supply chain independence. If you're in tech, cybersecurity, or even
Speaker 1: just trying to buy a graphics card, strap in, this
Speaker 1: race is far from over. Thanks for tuning into beaging
Speaker 1: bites with ting subscribe from All Bytes and drama from
Speaker 1: the world's hottest tech war This has been a quiet
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