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Stock impact report

Chinese chipmaker Phytium sells over 10 million homegrown CPUs [Yahoo! Finance]

Intel Corporation (INTC) 
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Company Research Source: Yahoo! Finance
As Beijing blocks American silicon like AMD and Intel from government use , Chinese chipmaker Phytium reported selling over 10 million Feiteng series processors. Taiwanese media outlet IT Home (machine translated) said that most of these chips are used in key national projects and industries and can be found anywhere from cloud servers to terminals used by end users. Despite being put on the U.S. entity list, meaning Phytium cannot legally import and use American-made components, it was still able to develop and build advanced chip solutions . For example, last year, the company revealed the 64-core Feiteng Tengyun S2500 server CPU and the Phytium FTC870 , rivaling Arm's Neoverse N2 chip. It also released the Feiteng Tengrui D3000 desktop processor for use in the office setting. Phytium isn't the only chip maker gaining an advantage with China's move away from Western chips. Loongson is another chip maker getting wider acceptance, reportedly shipping 10,000 chips to Chinese schoo Show less Read more
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