Beijing municipal government sets up $1bn semiconductor investment fund in China's latest move to boost domestic chip manufacturing
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News Chips
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
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
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
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
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
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
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
China Memory Chip Maker YMTC Sues Tech Consultancy For Libel
Chinese memory chip maker YMTC sues Danish tech consultancy Strand Consult for libel in California amidst geopolitical hostilities
AI Fuels Local Memory Chip Demand For China’s Sanctioned YMTC
China chipmaker YMTC sees surge in demand from local companies, government projects amidst AI infrastructure boom, in spite of US sanctions
Intel Halting Construction Of Israel Plant, Says Report
Intel reportedly halting construction of $25bn semiconductor plant in southern Israel as executives transfer to Ohio
Huawei Claims AI Chip Equals Nvidia
Huawei executive claims its AI chip meets or surpasses one of Nvidia's most popular GPUs as company becomes serious rival in China
Nvidia, AMD Hawk AI Chips As Computex Opens
Nvidia's Huang, AMD's Su kick off Computex in battling speeches with plans for AI data centres, AI-tuned desktop chips
US Extends Probe Into Applied Materials Over Alleged China Shipments
Chip equipment maker Applied Materials receives new subpoena in ongoing probe into alleged sanctions-breaking shipments to China's SMIC
China Forms Biggest-Ever Chip Investment Fund
China officially launches third phase of semiconductor 'Big Fund' valued at $47.5bn as it seeks chip manufacturing self-sufficiency
US To Make 30 Percent Of Advanced Chips By 2032
US to triple domestic chipmaking capacity and control 30 percent of advanced chips by 2032 after Chips Act subsidy boost
SoftBank-Owned ARM To Develop AI Chips
SoftBank-owned UK chip design firm ARM Holdings to develop AI accelerator chips for data centres amidst investment boom
US Revokes Some Intel, Qualcomm China Export Licences – Report
Chip giants Intel and Qualcomm complain of sales impact after United States revokes some of their export licences to China
Taiwanese Chip Giant Exits China Mainland
Major Taiwan chip assembly and test firm KYEC to sell Jiangsu subsidiary, exit mainland China manufacturing amidst political tensions
Intel Shares Sink As AI Surge Hits Chip Revenue
Intel shares sag after company shares gloomy revenue predictions, as data centre chip demand hit by priority for AI spending
Raimondo Downplays Huawei Smartphone Chip
US Commerce Secretary Gina Raimondo says Huawei's flagship smartphone chip 'years behind' US technology, shows export controls working
TSMC Shocks Investors With Lower Chip Growth Forecast
TSMC pulls back on forecast of global chip industry growth for 2024, stirring concerns around expected recovery this year
Intel Foundry Assembles Next Gen Chip Machine From ASML
Key milestone sees Intel Foundry assemble ASML's new “High NA EUV” lithography tool, to begin 14A production
US Awards $6.4bn To Samsung For Expanded Texas Chip Production
US awards $6.4bn to Samsung Electronics under Chips Act as it seeks to expand domestic chip production following years of decline
Samsung More Than Doubles Texas Chip Plant Investment
Samsung reportedly raises Texas investment to $44bn as it plans second chip plant, advanced packaging facility for AI memory
Samsung Expects 900 Percent Profit Jump Amidst AI Boom
Samsung estimates more than 900 percent year-over-year profit increase for first quarter as demand for AI drives chip recovery
Intel Shares Slide After Foundry Business Posts $7 Billion Loss
Intel's share price falls 8.2 percent after its contract chip-making business posted an operating loss of $7 billion
The Netherlands To Spend Billions To Retain ASML Operations
Dutch government will spend 2.5 billion euros ($2.7 billion) to improve infrastructure in Eindhoven, to ensure ASML doesn't move abroad
SMIC ‘May Have Violated’ US Law In Producing Advanced Chip
China's SMIC may have violated US export controls in producing advanced 7nm chip for Huawei, official tells Congress, as tensions rise