China is reportedly spending big to boost its production of chips for AI and smartphones after the US cracked down on exports

China is reportedly spending big to boost its production of chips for AI and smartphones after the US cracked down on exports

Xi Jinping.Xie Huanchi/Xinhua via Getty Images <ul><li>China is planning a $41 billion fund to boost its semiconductor industry, per Reuters.</li><li>It would the biggest of three funds launched by … [+1995 chars]

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