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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 share issuance approval — SMIC, National Integrated Circuit Industry Investment Fund Co., Ltd.
AI Geopolitics May 22

SMIC Shares Surge Following Regulatory Approval for New Issuance

SMIC's shares rose over 3% after receiving approval from the CSRC to issue millions of new shares to fund a stake acquisition in its subsidiary.

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