China Moves $50B Chip Fund to Aid Local Tech Growth

July 4, 2025

Catenaa, Friday, July 04, 2025-China is recalibrating its $50 billion National Integrated Circuit Industry Investment Fund, known as Big Fund III, to focus on overcoming critical gaps in its semiconductor industry as the US tightens export restrictions. The fund will prioritize domestic development of lithography tools and electronic design automation (EDA) software, areas where Chinese […]