Per the Nikkei: "China's Semiconductor........>

CHINA: Per the Nikkei: "China's Semiconductor Manufacturing International Corp.

will receive a $2.25 billion infusion from state investment funds to underwrite

the development and production of chips intended to counter new sanctions levied

by the U.S. Funds run by the Chinese government and the city of Shanghai will

inject the capital into an SMIC group company that operates a plant in the city.

The transaction, which will occur before the end of the year, will cut SMIC's

stake to 38.5% from 50.1%. This move comes as Taiwan Semiconductor Manufacturing

Co. stopped taking new orders from Huawei Technologies due to tougher U.S.

restrictions against the telecommunications equipment leader. TSMC had served as

Huawei's go-to chipmaker after the mainland company lost access to American

suppliers."