China's Stealth Revival Of 'Thousand Talents Plan' Signals Semiconductor Ambitions Despite US Restrictions
Portfolio Pulse from AJ Fabino
China is reviving its 'Thousand Talents Plan' (TTP) under a new name, Qiming, to attract top scientists and accelerate its semiconductor industry. This move comes in response to stricter U.S. export controls. The program offers substantial signing bonuses and other incentives. Major industry players like Nvidia Corp, Taiwan Semiconductor Mfg. Co. Ltd., and Micron Technology Inc have already adjusted their strategies in response to U.S. regulations. The broader semiconductor sector, represented by iShares Semiconductor ETF, Invesco PHLX Semiconductor ETF, and VanEck Semiconductor ETF, could also be impacted.
August 24, 2023 | 6:48 pm
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NEUTRAL IMPACT
Micron Technology Inc may be impacted by China's revived talent acquisition program aimed at boosting its semiconductor industry.
As a major player in the semiconductor industry, Micron Technology Inc's operations and market position could be affected by China's strategic moves in the sector.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Nvidia Corp may be impacted by China's revived talent acquisition program aimed at boosting its semiconductor industry.
As a major player in the semiconductor industry, Nvidia Corp's operations and market position could be affected by China's strategic moves in the sector.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
VanEck Semiconductor ETF may be impacted by China's revived talent acquisition program aimed at boosting its semiconductor industry.
As an ETF representing the broader semiconductor sector, VanEck Semiconductor ETF's performance could be affected by China's strategic moves in the sector.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Invesco PHLX Semiconductor ETF may be impacted by China's revived talent acquisition program aimed at boosting its semiconductor industry.
As an ETF representing the broader semiconductor sector, Invesco PHLX Semiconductor ETF's performance could be affected by China's strategic moves in the sector.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
iShares Semiconductor ETF may be impacted by China's revived talent acquisition program aimed at boosting its semiconductor industry.
As an ETF representing the broader semiconductor sector, iShares Semiconductor ETF's performance could be affected by China's strategic moves in the sector.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Taiwan Semiconductor Mfg. Co. Ltd. may be affected by China's revived talent acquisition program aimed at boosting its semiconductor industry.
As a major player in the semiconductor industry, Taiwan Semiconductor Mfg. Co. Ltd.'s operations and market position could be affected by China's strategic moves in the sector.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70