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A vice premier drives a crash program for homegrown chips

development2026-07-24

Claim

Vice Premier Ding Xuexiang is driving China's crash program for homegrown chips, with Huawei promising self-sufficiency in three years and resisters branded traitors, while Intel posted its fastest growth in fifteen years, revenue up 25% to $16.1 billion on a 59% jump in AI sales.

Reported metric: +25% to $16.1B

Reporting date: (not necessarily the event date)

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