SINGAPORE, March 16 (Reuters) - China's Hua Hong Group has developed advanced chip manufacturing technologies that can be used to produce artificial intelligence chips, four people familiar with the matter said, a major milestone in Beijing's efforts to boost tech self-sufficiency. The group's contract chipmaking business, Huali Microelectronics, is readying a 7-nanometre (nm) chipmaking process ...
SINGAPORE, March 16 (Reuters) - China's Hua Hong Group has developed advanced chip manufacturing technologies that can be used to produce artificial intelligence chips, four people familiar with the matter said, a major milestone in Beijing's efforts to boost tech self-sufficiency. The group's contract chipmaking business, Huali Microelectronics, is readying a 7-nanometre (nm) chipmaking process at its plant in Shanghai, the people said, which would make it the second Chinese chipmaker with such advanced technologies. Hua Hong is China's second-largest chipmaker. China's largest contract chipmaker, SMIC, is at present the only domestic producer capable of making chips with 7 nm technologies. The development comes after Washington eased some of its tech export controls since last year, allowing Nvidia to sell its second-most-powerful AI chips to China. Despite the easing, Beijing has encouraged domestic firms to purchase homegrown alternatives, as it seeks to wean itself off foreign suppliers. Reuters could not determine how Hua Hong achieved the advanced manufacturing capability, its manufacturing efficiency and which major equipment suppliers were involved in the development. Hua Hong's development of a 7 nm chipmaking process has not been previously reported. But Chinese tech giant Huawei Technologies has been in collaboration with the chipmaker for the 7 nm technologies, three of the sources said. All of the sources declined to be named, because the information is not meant to be public. Hua Hong Group, Huali, its sister company Hua Hong Semiconductor and Huawei did not respond to requests for comment. SMIC uses Dutch chip equipment maker ASML's immersion machines to make 7 nm chips, but production yields - the number of good chips made per silicon wafer - have remained weak, analysts have said. ASML said it does not comment on questions related to deliveries. TEST PRODUCTION UNDER WAY Huali's research and development on 7 nm chips at its Hua Hong Fab 6...
JPMorgan's Mixo Das says investors can "just choose to look through this volatility" when it comes to geopolitical events. He also tells Bloomberg Television that some investors are looking at staples, energy, materials and industrials as a sector trade, or using options to hedge. (Source: Bloomberg)
JPMorgan's Mixo Das says investors can "just choose to look through this volatility" when it comes to geopolitical events. He also tells Bloomberg Television that some investors are looking at staples, energy, materials and industrials as a sector trade, or using options to hedge. (Source: Bloomberg)