HISTORICAL FACTS: The big fund - The Untold Story

China pours more money into Big Fund III: $47.5 billion and counting

Third phase of China's Big Fund is getting more money as the country is seeking semiconductors independence.

Tom’s Hardware · May 28, 2024

China is 'doubling down' on local chip development with a new $47.5 billion fund

High-profile successes and U.S. chip controls could be motivating Beijing to invest even more money in its semiconductor sector.

Fortune · May 28, 2024

China Piles $47.5 Billion Into ‘Big Fund III’ to Boost Chip Development

Third phase of the Big Fund aims to help build a semiconductor industry to circumvent U.S. export controls on powerful chips

Caixin Global · May 27, 2024