China Allocates $47.5 Billion for Semiconductor Self-Sufficiency

The largest-ever chip investment fund aims to bolster domestic production amid global tech tensions.

The new fund, known as Big Fund III, is backed by China's Ministry of Finance and major state-owned banks.
This investment follows U.S. export restrictions targeting China's access to advanced chip technology.
Big Fund III will focus on chip manufacturing, design, equipment, and materials to achieve technological independence.
Previous phases of the fund faced corruption issues and mixed results, but China remains committed to its semiconductor goals.
The fund's creation has positively impacted Chinese semiconductor stocks, reflecting market confidence.