<p>➀ SMIC announced a new investment of 7.5 billion US dollars (about 54.4 billion RMB) to expand production, aiming to challenge the global chip industry's status quo.</p><p>➁ The funds will be used for capacity expansion in mature processes like 28nm, technology breakthroughs in advanced processes below 7nm, and enhancing the domestic semiconductor industry's self-sufficiency.</p><p>➂ SMIC's goal is to not only become a second TSMC but to create an independent semiconductor supply chain free from US dependence.</p>