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China's biggest chipmaker SMIC, a key player in the country's semiconductor ambitions, kicked off a $6.6B share sale on Tuesday in Shanghai

- SMIC, China's biggest chipmaker, kicked off a major 46.28 billion yuan ($6.6 billion) share sale on Tuesday.  — The contract semiconductor manufacturer …

CNBC Arjun Kharpal

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  • @arjunkharpal Arjun Kharpal on x
    SMIC, #China's biggest chipmaker, has seen its shares rise 200% this year. Today, it began a $6.6 billion share sale. SMIC is seen as critical to China's push to become independent in semiconductors. Problem is, its tech is miles behind rivals https://www.cnbc.com/...