China is intensifying efforts to boost its domestic chip industry to compete with foreign rivals, particularly the US. The US is also ramping up semiconductor development with the CHIPS Act, including funding for Samsung. Latin America and India are entering the semiconductor space, while China is expanding chip-making capacity significantly in 2024. China is also focusing on advancing quantum computing, big data, and AI for technological self-sufficiency.
U.S. outlines five-year plan to harness CHIPS Act funds — R&D, manufacturing, education, and ecosystem highlighted for balanced funding https://t.co/PkUD8pcUKC https://t.co/FyBG5rgih0
“To stimulate its economy, China is investing in advanced manufacturing, especially in solar energy, electric vehicles and batteries.” True, but not limited to these industries. It’s increasing capacity in most industrial goods. https://t.co/gSjyKKiz2V
How China's spending may swamp India's chip ambitions; TrendForce: China's share of global mature-node production will grow from 31% in 2023 to 39% in 2027 (@meghamandavia / Wall Street Journal) https://t.co/K7u3TUDQSl https://t.co/03tp5WQJ54
How does China get 84% of the world's 5G base stations? In July 2023 I visited a Huawei plant that makes 1,800 base stations per day with 45 workers on the assembly line--almost everything is automated. https://t.co/2cWOy11Hm2
China is vowing to advance development in quantum computing, big data and AI in a push for technological self-sufficiency. $NVDA $AMD $AVGO $QCOM
China's solar industry is in the grip of a frenzied gold rush, write @davidfickling and @tculpan. Beijing needs to fix the crisis and allow prices to fall further https://t.co/29xEqvFp1l
“China will add more chip-making capacity than the rest of the world combined in 2024, according to research consulting firm Gavekal Dragonomics: one million more wafers a month than in 2023—all mature nodes.” https://t.co/pzOKsktV34
Chinese AI experts are circumventing Joe Biden’s export bans to obtain advanced microchips, academic papers have shown https://t.co/2mVis52XdA
Heard on the Street: India is making a play for the semiconductor space. China's deep pockets could get in the way. https://t.co/sd3aSS1H84 https://t.co/sd3aSS1H84
A surge in production in sectors that Xi Jinping sees as important to China’s future, such as lithium-ion batteries, electric cars and solar panels, will require vast amounts of sand https://t.co/JLLEWFYAga 👇
Growing Latin American interest in chipmaking is being driven by US attempts to loosen Asia’s grip on the business. If chipmaking is to transform the region, bigger fish must get involved. But the big fish are floundering https://t.co/OMYoev1z5S 👇
Heading into Nvidia GTC next week, must watch clips from Morris Chang. He was educated at MIT / Stanford & ran a fab in Texas. The US definitely has an interest in diversifying our chips supply chain - but we will need a multi natl strategy. Japan? Mexico? India? UAE? https://t.co/eSMMgShBY9
Will US Chips Act $$ be successful in helping build competitive chips fabs in the US? A must listen talk at MIT by Morris Chang - Founder of TSMC - about the structural challenges to onshoring modern chip production. BG2 Ep3. @bgurley @altcap @SecRaimondo @NVIDIAGTC https://t.co/476iqp8fGC
China has a plan, and it's working https://t.co/7zfLzJXKYu Beijing focuses on high-tech industry.
China's pouring money into tech and science in search of "new productive forces" https://t.co/9HT3tCEGXB
Samsung expected to win $6B+ in CHIPS Act funding https://t.co/VIyja4Ew1H
"Beijing is inc intent on supporting a domestic chip industry it knows lags well behind foreign rivals but critical to supporting econ & maintaining geopolitical adv..directive is in line w/2024 pledges to mobilize all means to wrest tech supremacy frm US" https://t.co/EZ60vtPQA0
China is making significant progress in developing advanced semiconductors even as the United States tightens export controls to contain its […] The post China’s SMIC and Huawei building advance 5nm chips despite US ap... https://t.co/fPrfK6lT0H
How many semiconductor manufacturing plants will be built in the U.S. in the next 5 years thanks to the CHIPS Act?