Tag: Semiconductor

Amid Semiconductor Tensions, Beijing Reveals High-Powered AI Computing Platform

Beijing Introduces State-of-the-Art Computing Platform to Resolve Shortage of Computing Power Beijing has recently launched a cutting-edge computing platform, known as the Beijing AI Public Computing Platform or the Shangzhuang project. This initiative comes at a crucial time as global semiconductor tensions, particularly with the US, continue to escalate. The main objective of the Shangzhuang project, […]

$5.4 Billion Investment Drives Memory Chip Growth as China Boosts Semiconductor Self-Sufficiency

All News, Computers / By Giz / Investment, Memory Chip, Semiconductor

China’s Changxin Xinqiao Memory Technologies Raises $5.4 Billion in Funding In a significant move highlighting China’s dedication to technological self-sufficiency, semiconductor start-up Changxin Xinqiao Memory Technologies, based in Hefei, successfully raised US$5.4 billion in its latest funding round. The funds were secured from government-backed investors, including the China Integrated Circuit Industry Investment Fund Phase II, underscoring

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