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China Big Fund kicks off 3rd phase capital support for local chip industry

Staff reporter, Taipei; Rodney Chan, DIGITIMES Asia Wednesday 29 May 2024 0

Credit: AFP

China's freshly launched CNY344 billion (US$47.5 billion) national chip fund is likely to prioritize investments in major semiconductor firms, supporting their development of AI computing power and High Bandwidth Memory (HBM), as well as lithography...

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