China Launches $47 Billion Semiconductor Fund, Allocating 344 Billion Yuan, Ahead of Trump Inauguration
China's third semiconductor 'Big Fund' has commenced its operations with a substantial allocation of 344 billion yuan (approximately $47 billion). This initiative, which began funding at the end of 2024, aims to enhance the country's semiconductor capabilities in anticipation of the upcoming inauguration of US President Donald Trump. The fund has already invested 93 billion yuan to establish a joint fund with Huaxin Investment, reflecting China's strategy to attract external investments to bolster its chip industry.
Sources
Paul Triolo
China's 3rd semiconductor 'Big Fund' starts spending $47bn war chest New fund aims to draw outside money to boost chip industry in preparation for Trump https://t.co/QEulbeNa9w via @NikkeiAsia
Sense HofstedeChina’s 3rd semiconductor ‘Big Fund’ starts spending CN¥344bn [€45bn] war chest – Nikkei Asia https://t.co/0NOtuwgMHX
Valor Econômico China coloca em ação 3º ‘Big Fund’, de US$ 47 bi, para investir em semicondutores https://t.co/6oddHC1V2P