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this post was submitted on 14 Sep 2023
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That must be why SMIC just showed 7nm capability years ahead of when people expected it. That must be why Russia is projecting GDP growth this year and Russia's manufacturing PMI is showing expansion while most other countries are showing contraction.
Who do you think you're convincing with this?
Nah, it was expected all the way since SMIC bought 7nm lithography machines from ASML. It will be more interesting to watch when they start building their own lithography machines since their current stock will not scale (and will eventually break down without spare parts).
Yeah, according to Rosstat :-)
I'm not trying to convince anybody, I'm fine with the current sanction course. But it's kinda funny to watch the Russian / tankie desperate "sanctions don't work, so .... you know there's no sense in continuing them, so .... you should lift them."
S&P is also projecting Russia manufacturing PMI expansion.