Chinaās Multi-Billion Dollar Investment Fuels Semiconductor Self-Sufficiency Drive
Chinaās pursuit of semiconductor self-sufficiency has received a massive boost with a nearly $2 billion investment in Changxin Xinqiao, a promising memory chip company. Orchestrated through Chinaās state-backed chip investment fund, known as the āBig Fundā, this strategic move represents 33.15% of the companyās total registered capital, highlighting Chinaās commitment to strengthening its semiconductor industry.…