Chinese Chipmakers Prepare for Listings to Rival Silicon Valley

Chinese Chipmakers Prepare for Listings

Several Chinese chipmakers, including Moore Threads and Biren Technology, are planning to go public. This move comes as Beijing promotes domestic chip purchases and invests billions in the development of the industry.

Government Support for Semiconductor Industry

The Chinese government is actively mobilizing funds to support the semiconductor sector, aiming to bolster domestic production capabilities and reduce reliance on foreign technologies.