Just as the United States is striving to maintain its leading position in key technologies and prevent China from catching up, a Wall Street Journal (WSJ) survey shows that in the past four years, well-known US companies and venture capital firms such as Intel and Redshirt Capital have had a negative impact on China. The investment in the semiconductor industry still doubled, which is like helping China in this technology war.

According to the data analysis results of the US think tank Rhodium Group, between 2017 and 2020, US venture capital companies, semiconductor giants and other private investors participated in 58 investment transactions in China’s semiconductor industry, compared with the previous 4 years. Increased by more than 1 time.

Rongding said that since 2017, the number of investment transactions in China's chip industry involving US venture capital and private investors has averaged approximately 14 to 15 per year, but last year it surged to 20, a record high.

In addition, PitchBook Data journal data shows that as one of the most active investors, Intel (INTC-US) is supporting a Chinese chip design tool vendor called Primarius Technologies.

The Wall Street Journal also found that since the beginning of last year, the Chinese divisions of Sequoia Capital, Lightspeed Venture Partners, Matrix Partners, and Redpoint Ventures have conducted at least 67 operations on the Chinese chip industry. invest.

Among them, the Chinese department of Sequoia Capital has made at least 40 investments in China's chip industry so far last year, including investments in Chinese GPU suppliers Shanghai Muxi Integrated Circuits and Beijing Moore Thread.

The Wall Street Journal pointed out that although most of the investment amount was not disclosed, the financing case involving US investors at least raised billions of dollars for Chinese chip startups.

However, some U.S. investors seem to be dissatisfied with the above-mentioned investments. Intel's venture capital department stated that the company's return on Chinese chip companies was only less than 10% of the global investment portfolio. Red Shirt Capital and Red Dot Capital also stated that the above investment cases were all investment decisions made by their local independent teams. .