💨 Abstract
China's $47 billion investment fund for semiconductors has bolstered the domestic chip industry, aiming to reduce dependence on foreign technology. China's semiconductor sector, particularly in areas like AI, low-power chip design, and packaging, has advanced rapidly, driven by US restrictions and market demand. China is diversifying its supply chains, seeking alternatives in countries like Singapore and Europe.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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