Dossier
SMIC
Coverage of SMIC in the Nexus archive.
Chinaplace2Senate Banking Committeeorganization1AI Overwatch Acttopic1Match Acttopic1Jim Banksperson1Brian Mastperson1Huaweiorganization1Semiconductor Manufacturing International Corporationorganization1Semiconductor Manufacturing North China (Beijing)organization1Shanghai Star Marketplace1Beijingplace1
- America’s chip advantage is essential to protecting the American Dream
The Senate Banking Committee discussed measures to maintain U.S. dominance in advanced chips and AI, emphasizing the need to restrict exports to China. Proposed legislation like the AI Overwatch Act and Match Act aims to prevent China from accessing high-end chips and chipmaking tools while fast-tracking exports to allies.
- China’s SMIC clears final hurdle for US$6 billion takeover of SMNC
SMIC, China's largest wafer foundry, has received regulatory approval to acquire the remaining 49% stake in its Beijing-based foundry unit through a share issuance of 547.2 million A-shares. This deal is positioned to become the largest merger and restructuring transaction on Shanghai's Star Market.