The OECD found US semiconductor firms received more government support than any other region. China's chip industry support reached nearly 10 percent of sales in the early 2020s. The global semiconductor market is valued at $631 billion in 2024. The OECD expects continued growth due to datacenter investment. US firms dominate chip subsidies despite China's higher support relative to revenue.
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Broadcom Revenue Climbs on AI Chip Demand - WSJ
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