China's Tsinghua Unigroup is expected to invest 300 billion yuan or nearly 50 billion U.S. dollars, in the chip industry over the next five years.
The move aims to help Tsinghua Unigroup to become the world's third-biggest chipmaker.
The company controlled by Tsinghua University is in talks with a U.S.-based company involved in the chip industry.
The planned investment is almost equal to Intel's chip revenue last year.
The deal will be finalized as early as the end of this month.
For more on this, we are joined by Gao Shang, commodity analyst with Guantong Futures.
