China’s No 2 foundry Hua Hong invests US$2b in new fab to meet surging AI-driven demand
Major Chinese foundry Hua Hong Grace Semiconductor is pouring US$2 billion into a massive capacity expansion in the Chinese chip production hub of Wuxi, racing to meet skyrocketing domestic demand for AI infrastructure and bypass US tech curbs. The fresh capital would fund the construction of a new 12-inch speciality line, its third facility in the eastern Chinese city, the country’s second-largest contract chipmaker said in a filing to the Hong Kong stock exchange on Tuesday. Once fully...
Where: Hong Kong, Shanghai, China
Exact coordinates
hong kong: 22.400, 114.110
shanghai: 31.230, 121.470
china: 35.860, 104.200
Read it at South China Morning Post See this on the map
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