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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 share issuance approval — SMIC, China Integrated Circuit Industry Investment Fund
AI Geopolitics May 22

SMIC Receives Approval for Share Issuance to Boost Semiconductor Stake

SMIC has secured approval from the CSRC for its share issuance aimed at acquiring 49% of Semiconductor Manufacturing North China, a vital move for China's chip ambitions.

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