🇨🇳 China bets big on its own chips
China is considering up to $70 billion in new semiconductor incentives, marking one of its largest-ever state interventions to cut reliance on foreign chips and secure long-term AI and national security capacity.
If approved, the package would rival or exceed the U.S. CHIPS Act, doubling down on domestic champions such as SMIC, Huawei, and Moore Threads. This comes despite China still trailing TSMC by roughly six years at the leading edge, underscoring a strategy focused less on bleeding-edge nodes and more on scale, resilience, and control of the full supp
China is considering up to $70 billion in new semiconductor incentives, marking one of its largest-ever state interventions to cut reliance on foreign chips and secure long-term AI and national security capacity.
If approved, the package would rival or exceed the U.S. CHIPS Act, doubling down on domestic champions such as SMIC, Huawei, and Moore Threads. This comes despite China still trailing TSMC by roughly six years at the leading edge, underscoring a strategy focused less on bleeding-edge nodes and more on scale, resilience, and control of the full supp
