💨 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 🤖