Thursday, September 7, 2023

Chinese chipmaker GTA Semiconductor raises over $1.8 billion as Beijing prepares new chip fund

With this injection of capital Shanghai-based GTA Semiconductor, one of China's largest auto chipmakers manufacturers by production, has in less than two years racked up over $2.7 billion of mostly state funds, according to the Securities Times.

from Tech-Economic Times https://ift.tt/ObKcxae
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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...