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 […]

Nvidia Faces $5.5B China Export Hit, Stock Dips

April 16, 2025

Catenaa, Wednesday, April 16, 2025- Nvidia stock fell over 7% on Wednesday, after the company said that it would take a $5.5 billion hit from the new controls imposed by the US on its semiconductor exports to China. Nvidia said in a regulatory filing late Tuesday night that the US government informed the company it […]