China’s Multi-Billion Dollar Investment Fuels Semiconductor Self-Sufficiency Drive

China’s 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 China’s state-backed chip investment fund, known as the “Big Fund”, this strategic move represents 33.15% of the company’s total registered capital, highlighting China’s commitment to strengthening its semiconductor industry.…

CHIPS Act Expansion Empansion Empowering Smaller Businesses

The CHIPS Act has made a significant move to support the semiconductor industry in the United States. Now, projects with a capital investment below $300 million can also benefit from this program. This expansion opens doors for smaller businesses, emphasizing the construction, expansion, or modernization of commercial facilities involved in semiconductor materials and manufacturing equipment.…