China to pivot $50 billion chip fund to fighting U.S. squeeze as trade war escalates — country to back local companies and projects to overcome export controls

China's Big Fund III is refocusing on building local lithography equipment and chip design software after U.S. export bans blocked access to advanced tools, pushing managers to prioritize filling these critical gaps over supporting already strong areas.

https://www.tomshardware.com/tech-industry/semiconductors/china-to-pivot-usd50-billion-chip-fund-to-fighti


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