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/Author: GPUBeat Desk

GPUBeat Desk covers AI infrastructure — chips, foundation models, inference economics, datacenter buildouts, and the geopolitics of compute.

SMIC acquires full control of Beijing foundry unit — SMIC, China Integrated Circuit Industry Investment Fund
AI Geopolitics May 22

SMIC Gains Full Control of Beijing Foundry with $6B Acquisition

China's SMIC secures complete ownership of its Beijing foundry unit, enhancing its capacity amid rising domestic demand for semiconductors. The deal amounts to $5.97 billion.

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