#bigfundiii — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #bigfundiii, aggregated by home.social.
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#China has launched its third government-backed fund — the so-called #BigFundIII — to support the #semiconductor industry, for a total of 344 billion yuan ($47.5 billion)
One of the primary focuses of the third phase is to boost domestic development and production of equipment for chip manufacturing, a critical area for advancing China's semiconductor capabilities as companies like #ASML, #AppliedMaterials, and #TokyoElectron can no longer supply their most advanced tools
https://www.tomshardware.com/tech-industry/china-pours-more-money-into-big-fund-iii-dollar475-billion-and-counting