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China invests $47.5 billion more into its chip sector

China invests $47.5 billion more into its chip sector
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Huawei patent reveals 3nm-class process technology plans — China continues to move forward despite US sanctions

Huawei s self-aligned quadruple patterning patent covers both 3nm and 5nm process technologies, which would allow SMIC and China to create more advanced chips despite the ongoing U.S. sanctions.

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China Creates $47.5 Billion Chip Fund to Fuel Self-Resilience

(Bloomberg) China has set up the country’s largest-ever semiconductor investment fund to propel development of the domestic chip industry, the latest effort from Beijing to achieve self-sufficiency as the US seeks to restrict its growth.Most Read from BloombergSevere Turbulence Leaves 12 Injured on Qatar Airways FlightFed’s Favorite Underlying Inflation Gauge Is Seen CoolingIndia’s Markets Brace for Selloff as Modi’s Poll Goals in DoubtChina’s Housing Rescue Has a Poor Track Record in Pilot C

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China undeterred by US sanctions, sets up $47.5 billion chip fund to boost semicon industry

The announcement of the semiconductor fund has already had a positive impact on China s chip stocks, with major players like SMIC and Hua Hong Semiconductor experiencing significant gains in the market

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China sets up $47.5B chip fund to propel local semiconductor industry

China established a $47.5B investment fund to boost its semiconductor industry amid US curbs on access to advanced chips.

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