News China to give chipmakers $27 billion to counter U.S. sanctions — Big Fund III will have further funding rounds

[Admin]

China raises tens of billions to fund crucial semiconductor projects amid U.S. sanctions against the sector.

China to give chipmakers $27 billion to counter U.S. sanctions — Big Fund III will have further funding rounds : Read more

 

[kjfatl]

This is good news for all chip makers. This is capitalism on a large scale with "China Inc" vs about 100 tiny competitors like Intel, TSMC and TI. If the western nations do not respond these former western electronics companies will go the way of RCA, Westinghouse, Philco and others. The winners will be consumers worldwide. The western subsidies like the US chip act are simply defensive measures that balance the field in a battle or competition that has been going on for decades.

 

[Geef]

This is good news for all chip makers.

Yeah plus even if China's chip makers have 10 year old machines that is still enough to make most chips required for most equipment made. They won't make anything like an Nvidia AI video card of course... unless they want the world's first special ed AI. 😉

 

[subnerdy]

Yeah plus even if China's chip makers have 10 year old machines that is still enough to make most chips required for most equipment made. They won't make anything like an Nvidia AI video card of course... unless they want the world's first special ed AI. 😉

You really think they don't make anything like Nvidia chips? Lol. Ever heard of Huawei Ascend chips? The only thing they lack is an accompanying software like CUDA, which last I read they're trying to make one.

 

[peachpuff]

How much of that 27 billion is for espionage?

 

[thisisaname]

A highly political story, but you do not allow posts that are political.

 

[gg83]

You really think they don't make anything like Nvidia chips? Lol. Ever heard of Huawei Ascend chips? The only thing they lack is an accompanying software like CUDA, which last I read they're trying to make one.

Bad attitude. Huawei has nothing similar to nvidia. Just stop. Don't believe the propaganda.

 

[litho guy]

The western world should not be complacent. Before sanctions, China was was happy to pay the West for their equipment and stay a half step behind. Now they're forced to invest in themselves and innovate. In 10 or 20 years we may see them come out ahead.

 

[zsydeepsky]

Bad attitude. Huawei has nothing similar to nvidia. Just stop. Don't believe the propaganda.

It's funny, Nvidia literally listed Huawei as their AI chipmaking rival, in their own financial report, weeks ago.

https://www.marketwatch.com/story/n...chip-making-rival-for-the-first-time-a2e5cbb3