Chen Nanxiang, chairman of the China Semiconductor Industry Association (CSIA) and head of Yangtze Memory Technologies Corporation (YMTC), has predicted a significant surge in China’s chip industry within the next three to five years. This week, the global tech outage wreaked havoc on U.S. air travel, with over 2,500 flights canceled for the third consecutive day, leading to thousands of passengers being stranded. The flawed update from CrowdStrike Holdings Inc. (NASDAQ:CRWD), which led to a global IT outage, has attracted criticism from a leading U.S. cybersecurity official. In a LinkedIn pos…
