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China's Big Fund pledged to invest ~$1.9B in memory chipmaker YMTC, suggesting Beijing is again increasing spending on its beleaguered industry after US curbs (Bloomberg) 02-03-2023

Bloomberg:
China’s Big Fund pledged to invest ~$1.9B in memory chipmaker YMTC, suggesting Beijing is again increasing spending on its beleaguered industry after US curbs  —  China has pledged to invest an additional $1.9 billion in the country’s biggest maker of memory chips, a deal that may herald …


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