Chinese start-up that aimed to develop high-performance GPU designs to compete with Nvidia lays off all staff, dissolves
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Beijing Sets Up $1bn Semiconductor Fund
Beijing municipal government sets up $1bn semiconductor investment fund in China's latest move to boost domestic chip manufacturing
Aricell Chief Arrested Over Massive Battery Plant Fire
Chief executive of South Korea's Aricell arrested after authorities accuse company of security failings leading to fire that killed 23
Intel To Present Board With Strategic Options – Report
Troubled chip giant Intel is reportedly working with bankers and other advisors to present strategic options to board of directors
Intel Questioned By US Senator Over Job Cuts After $20bn Grant, Loans
Intel CEO questioned by republican senator on 15,000 job cuts, after chip giant being awarded $20bn US grant
Shares In Nvidia Fall, Despite Record Profits, Sales
Nvidia announces $50 billion stock buyback after impressive Q2 financials, but shares slip despite strong demand for AI chips
Chip Veteran Resigns From Intel’s Board, Amid Turnaround Plan Clash
Semiconductor and venture capital veteran Lip-Bu Tan resigns from Intel's board of directors, amid reports of turnaround plan clash
South Korean AI Chip Makers Sapeon, Rebellions To Merge
South Korean AI chip start-ups Sapeon, Rebellions to merge in effort to challenge market leader Nvidia in ultra-competitive market
AMD To Buy Server Maker ZT Systems Amidst AI Battle
AMD plans to retain 1,000 engineers from acquisition of ZT Systems to help it more rapidly roll out AI GPU-based cloud systems
Shanghai Doubles Size Of Chip Investment Fund
New funding round doubles size of Shanghai chip investment fund to about $2bn as China faces increasingly stringent US sanctions
Texas Instruments Receives $1.6bn In US Gov’t Chip Funding
Texas Instruments to receive $1.6bn in grants and billions more in loans and tax credits toward construction of three new chip plants
China To Limit Export Of Another Critical Mineral
Tit for tat. Beijing is to impose export limits on the strategic metal antimony and related elements due to “national security”
Intel Sells Stake In British Chip Designer ARM
Amid its turnaround struggles and job cuts, Intel sells its 1.18 million share stake in UK chip designer ARM Holdings
Intel Sued By Shareholders After Dividend Suspension, Stock Price Crash
Shareholders alleged being blindsided after Intel's weak Q2 results, job losses, dividend suspension, triggered share price plunge
Intel, Nvidia Stocks Slide Amidst Chip Turmoil
Intel stock price plummets most in 50 years after it announces job cuts, as Nvidia declines on report of AI antitrust probe
US To Exempt Allies From Expanded China Chip Equipment Export Rules
Biden administration reportedly will exempt certain allied countries from tougher chip equipment export rules to China
Intel To Cut Thousands Of Jobs – Report
Another round of layoffs reportedly on the cards for staff at Intel, in an effort to rebound from earnings slump
SK Hynix To Invest $6.8bn In Yongin Memory Chip Plant
SK Hynix to invest $6.8bn in first plant in emerging chip hub of Yongin amidst soaring demand for memory used in AI processors
Amazon Developing Cheaper AI Chips – Report
Engineers at Amazon's chip lab in Austin, Texas, are racing ahead to develop cheaper AI chips that are faster than Nvidia's
US Cracks Down On Tech Shipments To Russia
Shipments of high-end chips and other electronics to Russia via China and Hong Kong said to fall by 20 percent after aggressive enforcement
Xiaomi Entered EV Market ‘Due To US Sanctions’
Xiaomi chief executive says he decided to begin making electric vehicles after company was placed on US military blacklist in 2021
Nvidia Said To Develop ‘Blackwell’ AI Chip For China
Nvidia said to be developing version of next-gen 'Blackwell' AI chip for China market as US mulls further export controls
OpenAI, Broadcom In Talks Over Development Of AI Chip – Report
Rebelling against Nividia? OpenAI is again reportedly exploring the possibility of developing its own AI processor
US Considers Further Chip Restrictions For China – Report
Stop supplying Beijing. US tells allied chip tech firms it is mulling the most severe chip trade restriction for China
Huawei Completes Massive $1.4bn R&D Campus With ‘100 Cafes’
Huawei Technologies completes work on massive centralised R&D campus as it seeks to develop domestic chip technologies
Japan’s SoftBank Acquires AI Chip Start-up Graphcore
Samsung Workers To Extend Action To Strike ‘Indefinitely’
Worker unrest in South Korea, as unionised workers at Samsung Electronics declare an indefinite strike at tech giant
ASML Veldhoven Expansion Gains Dutch Court Approval
Expansion of ASML's operations in The Netherlands receives court approval, after objections from two neighbours
Biden Administration Revoked Eight Licences For Huawei In 2024
US continues to restrict Hauwei's access to American technology after revoking eight export licences this year
Japan’s Government Ends Use Of Floppy Disks
Decades overdue. Japanese government finally realises it is no longer the 1990s and confirms it has ended use of floppy disks