China’s $47B semiconductor fund puts chip sovereignty front and center

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China’s $47B semiconductor fund puts chip sovereignty front and center

China has closed a third state-backed investment fund to bolster its semiconductor industry and reduce reliance on other nations, both for using and for manufacturing wafers — prioritizing what is called chip sovereignty. China’s National Integrated Circuit Industry Investment Fund, also known simply as ‘the Big Fund,’ had two previous vintages: Big Fund I (2014 […]

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China’s $47B semiconductor fund puts chip sovereignty front and center

2024-05-29 08:03

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