"Fake news?"
"Those who spread rumors will be held criminally liable."
"Is today April Fool's Day?"
The first reaction of the netizens was' fake news', 'rumor', or 'April Fool's Day joke'.
Only a few newbies who did not know much about the chip industry congratulated them.
"Congratulations on your breakthrough!"
"Zhongxin is awesome!"
"Bring glory to our country."
… and so on.
The netizens who knew more about the chip industry could not help but give them a lecture.
"We are more than 10 years behind the most advanced companies in chip manufacturing. Our manufacturing process is two to three generations behind. It is impossible to catch up with the most advanced technology in just a few months and break through the current mainstream 7-nanometer technology."
"The most ideal situation is around 20X5. We might be able to advance to the 7-nanometer. It is impossible to break through so early!"
"It might be possible for us to make leaps and bounds in other fields. But it is impossible in a high-end manufacturing field like the chip! This is the most difficult technological tree to climb. It is the crown of the industrial field. Just like our engine, we can only use force to overcome force. There is no way to be opportunistic! "
"Don't believe it! Unless we have mastered the technology of Zenith Star, or have the help of aliens, it is impossible to achieve such a breakthrough. "
The doubters' voices of disbelief filled the entire screen.
But these doubts were normal. They were based on common sense and ideal judgment. Most of them did not involve personal feelings.
How could they not hope for this news to be true?
How could they not hope for Zhongxin International to achieve a breakthrough in the advanced manufacturing process?
But conquering the 7-nanometer in eight months and completing the military pledge two months in advance …
This was too unrealistic and unreal.
They immediately associated it with "exaggeration" and believed that the statements made by the senior executives of Zhongxin International were just to boost the share price. It was just for show.
They even made a stupid move by skipping the 10-nanometer and going straight to the 7-nanometer. Pulling a seedling to help it grow was simply courting death.
They had kindly advised Zhongxin to stay calm and not be impatient. The future would definitely belong to Zhongxin. But it was no use. This company was still going their own way.
Many people's hearts sank.
Now, eight months had passed. Zhongxin International had released the good news of conquering the 7-nanometer, but they could not bring themselves to smile.
Instead, they shook their heads and decided that this was a clumsy farce.
The more Zhongxin performed, the worse his reputation would be in the future.
Therefore, the news of Zhong Xin International conquering the 7-nanometer did not receive any cheers or applause from the public.
Chen Jin gave Zhang Wei Jin a call. After some discussion, he decided to change his story and win the trust of the netizens.
After that, Zhang Wei Jin issued an apology through Zhongxin International's official Weibo account and his own personal account.
"I'm sorry for deceiving everyone. I didn't explain the situation clearly."
"Actually, the military pledge to 'conquer the 7-nanometer in ten months' doesn't mean that we have to start researching the 7-nanometer technology from scratch.
"After the first EUV arrived in 20X8, we started parallel research and development of both the 10nm and the 7nm. Two years later, the 10nm process was successfully taped out, and the first 10nm chip was manufactured. We have accumulated the technology for this process.
"However, what was surprising was that our company's 7-nanometer research and development team actually managed to tape-out the 7-nanometer chip not long after that … The gap between the two was less than a month.
"In other words, the 7-nanometer research and development team has walked far ahead of the 10-nanometer team with astonishing efficiency.
"Considering that Mossy Electrics has achieved the trial production of the 5-nanometer chip … In a moment of desperation, we made a risky decision: to invest all our resources into the research and development of the 7-nanometer technology!
"Issuing a military pledge in front of the media was a forced performance. Zhongxin International is facing a lot of financial pressure. If the shareholders and investors are not optimistic about us, we will lose our source of funding. This battle will not be lost because of the slacking of the research and development team, but because of the lack of funds. I hope that everyone can understand.
"Fortunately, our risk was successful! We used a total of three years to conquer the 7-nanometer, which would have taken at least five years to do!
"Although the current yield rate is less than 20%, we have really succeeded!
"I would like to thank all the research and development team here. It was your hard work and perseverance that allowed us to taste the sweet fruits of our labor.
"Zhongxin International will also continue to work hard. We will not disappoint the expectations and support that everyone has for us!"
After this "Apology Statement" was released.
Wow …
The netizens were finally in an uproar!
"When I saw the word 'deceived' at the beginning, I thought that the 7-nanometer was a fake."
"It took three years to conquer the 7-nanometer. This finally makes sense."
"As keyboard warriors, we are not in the position of Zhongxin's senior management. Of course, we can't understand their difficulties and the pressure that they are facing. This military pledge was a last resort."
"The 7-nanometer team is awesome. It's like they've turned on a cheat code!"
"Everyone, don't neglect the role of the EUV lithography machine. The wavelength of this lithography machine is 13nm. There is not much difference between using it to make the 10-nanometer and 7-nanometer chips. It is possible to achieve a breakthrough at the same time. I can only say that Zhongxin's research and development strategy is brilliant. They advanced in parallel and achieved a breakthrough at the same time. When necessary, they put all their eggs in one basket and took the more difficult but brighter path. This indeed requires a lot of courage."
"Then … Zhongxin International conquering the 7-nanometer should be true?"
"Looks like it's true."
At this moment, Chen Jin posted another personal message on his Weibo. It consisted of a line of text and a picture:
SX-1000 manufactured by Zhongxin International with a running score of 453831
The picture was a picture of an engineering testing machine running score.
This Weibo post made the netizens very excited!
"It's confirmed. The 7-nanometer chip is confirmed!"
"Only the 7-nanometer chip can achieve such a score!"
"All of Xing Hai Technologies' chip OEM orders were given to Zhongxin. Xing Hai Technologies was also banned by Samsin, Google, and other companies. If they want to produce high-end chips, they can only research and manufacture it themselves. 450,000 running score proves that Zhongxin International has indeed achieved a breakthrough."
"Miracle! Zhongxin has created a miracle! "
"Happiness came too suddenly. I still can't believe that this is real, but I hope that it is real."
"Chen Jin replied to a netizen. He said that the SX-1000 has already achieved mass production. The first high-end Star Cloud flagship will be released in two months at the earliest. Buy one then and all your doubts will be dispelled!"
"Alright, even if it costs $10,000, I'll definitely buy it then!"
Suddenly!
A netizen exclaimed, "Are you guys speculating in the stock market? Have you guys bought Zhongxin's shares? Everyone, hurry up and buy! "
Public opinion had basically confirmed that Zhongxin International had conquered the 7-nanometer technology.
On the morning of the 9th of July, the stock market opened.
In less than two minutes.
Zhongxin International's stock price rose to its upper limit.
It was the same on the 10th and 11th. It rose to its upper limit for three consecutive days.
Zhongxin International's market value rapidly soared to $150 billion.
Before the stock price skyrocketed, Xing Hai Investments, which was in Chen Jin's hands, had already used all of its spare funds — more than $20 billion — to buy Zhongxin International's shares.
Its shareholding in the company rose to 45.7%.
After three consecutive days of rising to its upper limit, Xing Hai Investments' investment had achieved a return of at least 30%.
On the 12th of July, Zhongxin International's stock price once again fell to its upper limit. Countless shareholders who could not buy Zhongxin International's shares were cursing, "Xing Hai Technologies, can you not hog all the profits?", "Share the soup with everyone!", "Zhongxin International, please issue a batch of shares!", "We want to contribute to the development of the country's chip industry!"
Faced with the pressure from countless shareholders, Chen Jin asked the person-in-charge of Xing Hai Investments to dump about $20 billion of his deposited funds (the investments given by his aunt and the rest). The funds were immediately snatched up by the majority of shareholders.
Xing Hai Investments earned nearly $10 billion from this cash-out.
Investors who worked with Xing Hai Investments received a return of more than 50%!
His aunt, He Jia, made a special call to express her gratitude. "Little Jin, your company is too awesome! It's not wrong to work with you. How about this, I don't intend to mention the previous capital and profits. I'll give you another $1 billion. I hope that you can achieve good results again! "
"Sure, sure."
Chen Jin nodded.
Then, he received calls from his second uncle, Wang Zeyu, and many other investors. Not only did he not distribute the investment profits, but he also attracted more than $10 billion in investments.
The cash flow held by Xing Hai Investments swelled to more than $40 billion.
Chen Jin shook his head helplessly. "The snowball is getting bigger and bigger. Capital is a monster. It probably won't stop until it earns the last dollar."
Fortunately, this monster could be used by Xing Hai Technologies.
…
On the other side.
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.
