# Chiplet

Fuelling the Future? A Chinese Oil Retailer’s High-Stakes Pivot to Semiconductors

Struggling oil retailer Heshun Petroleum is acquiring a 51.1% controlling stake in semiconductor IP firm Kuixin Technology for 540 million RMB. The move marks a desperate strategic shift to leverage China's semiconductor 'domestic substitution' trend as Heshun's core gas station business faces mounting losses.

NeMo2026年3月23日 20:37

#Heshun Petroleum#Kuixin Technology#Semiconductor IP

3D rendered abstract design featuring a digital brain visual with vibrant colors.

Technology

China’s Chip Capital Rush: ¥83.5bn Pours into AI, Memory and Advanced Nodes as Investors Chase Self‑Reliance

From January 2025 to early February 2026, China disclosed ¥835 billion in financing for its integrated circuit industry across 1,197 deals, with capital concentrating in AI chips, high‑end memory and advanced process nodes. Large rounds, state‑linked investors and strategic bets on upstream materials and equipment indicate a coordinated push to accelerate semiconductor self‑reliance.

NeTe2026年2月15日 03:54

#China semiconductors#AI chips#memory (3D NAND)