iOS Updates

December 13, 2025, 12:26 AM EST. China is weighing an additional $70 billion for its domestic chip industry, on top of the existing Big Fund III, with candidates such as Huawei and Cambricon reportedly in the running. If enacted, the investment would be the largest government semiconductor expenditure worldwide and could accelerate domestic fabrication and design to compete with Nvidia and other U.S. firms. It aligns with President Xi Jinping's call for a whole-nation approach to chip sovereignty and defense competitiveness, as authorities seek to reduce reliance on overseas suppliers. While subsidies and mandates have nudged greater domestic usage-such as 50% domestically produced chips in data centers-top performers still outpace China. The plan could close the gap, but questions remain about deployment, yields, and how funds would be allocated, especially as geopolitical dynamics influence the sector.