Urgent.News

What's breaking now, across thousands of outlets.

Tech

What Sputnik couldn’t do to American science, Beijing has

The US government owns 9.9 per cent of Intel, converted out of US Chips Act grants, alongside a golden share in US Steel, US$400 million in the rare earth mining firm MP Materials and stakes in roughly 30 firms worth US$26.7 billion. In 2025, Nvidia and AMD gave up 15 per cent of their China chip sale revenues in exchange for export licences. The country that spent four decades advising its…

What Sputnik couldn’t do to American science, Beijing has

The United States has embraced a strategy to secure technological leadership, which is now viewed as a security objective rather than an economic advantage. This shift in perspective is exemplified by the country's investment in key firms and personnel, such as Intel, US Steel, US$400 million in MP Materials, and stakes in 30 firms valued at US$26.7 billion.

In 2025, Nvidia and AMD reduced their China chip sale revenues to 15% in exchange for export licences. The US government's National Security Science and Technology Strategy, introduced on August 18, emphasizes the importance of avoiding contests where adversaries can easily counter US moves and refrains from spending on replicating what rivals have already built better.

The strategy targets three domains – undersea, space, artificial intelligence, and autonomy – while promoting alignment through milestone contracts with competing vendors, expedited clearances, and streamlined collaborations between laboratories, firms, and departments. Universities are also integrated into this structure. However, the strategy faces challenges, such as a rule cap on student visas at four years, which deters collaborations and diverts funds away from unnamed sectors.

The US recognizes that technological leadership cannot be achieved solely through control over resources like Intel or fabrication plants; it relies on attracting top-tier global talent and providing them with the freedom to innovate.

Written by urgent.news from SCMP Tech's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at scmp.com →

More in Tech

Architecting Enterprise Angular with Signals: Zoneless Reactivity and 60fps Performance

Architecting Enterprise Angular with Signals: Zoneless Reactivity and 60fps Performance For nearly a decade, Angular relied on Zone.js to intercept asynchronous browser events and trigger top-down…

  • Angular 19 introduces Signals for reactive system
  • Signals track only necessary DOM dependencies at compile time
  • Zoneless reactivity enables smooth 60fps performance

More from Friday 4 September →