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GPUBeat Archive

/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 SMNC — Semiconductor Manufacturing International Corporation, SMNC
AI Geopolitics May 22

SMIC Secures Full Ownership of SMNC in Historic $5.97 Billion Deal

Semiconductor Manufacturing International Corporation has gained full control of its Beijing unit SMNC through a $5.97 billion acquisition, marking a significant moment in China's semiconductor landscape.

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