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U.S., in Chip War with China, Extends Some Allowances for Asian Allies
Business

U.S., in Chip War with China, Extends Some Allowances for Asian Allies

Chip makers Samsung, SK Hynix and TSMC can maintain their operations in China for the foreseeable future, but significant tech upgrades could prove difficult. Source

This Company Is Nvidia's AI Chip Partner---and Its Stock Is Soaring
Business

This Company Is Nvidia's AI Chip Partner—and Its Stock Is Soaring

SK Hynix has long been a major player in the boom-and-bust world of memory chips, but it hasn’t historically been viewed as an industry pioneer.

SoftBank Chip Unit Arm Files for IPO Likely to Be 2023's Biggest
Business

SoftBank Chip Unit Arm Files for IPO Likely to Be 2023's Biggest

Arm raised lofty expectations for its business overall but faces near-term market challenges. Source link

China's Tech Distress Grows as U.S. Chip Sanctions Bite
Business

China's Tech Distress Grows as U.S. Chip Sanctions Bite

Semiconductor imports to China are falling and Chinese companies say they are struggling to get key components and machinery. Source link

Intel Returns to Profit as PC Rebound Lifts Chip Demand
Business

Intel Returns to Profit as PC Rebound Lifts Chip Demand

The chip maker’s earnings surprise Wall Street after two consecutive quarters of record losses. Source link

Restricting Chip Sales to China Could Backfire on U.S., Industry Group Says
Business

Restricting Chip Sales to China Could Backfire on U.S., Industry Group Says

The potential limits threaten to undermine new government investments in chip-making in the U.S., the Semiconductor Industry Association warns. Source link

No let up for world stocks as banking worries persist By Reuters
Finances

India’s Vedanta to enter the chip market this year after Foxconn split By Reuters

© Reuters. FILE PHOTO: A bird flies by the Vedanta office building in Mumbai August 16, 2010. REUTERS/Danish Siddiqui/File Photo BENGALURU (Reuters) -India’s Vedanta (NYSE:)

Johnnie Walker maker Diageo names Crew as new CEO By Reuters
Stock Market

Trial starts for Korean chip exec accused of stealing Samsung secrets for China factory By Reuters

© Reuters. FILE PHOTO: A worker waters a flower bed next to the logo of Samsung Electronics during a media tour at Samsung Electronics’ headquarters

IBM mulls using its own AI chip in new cloud service to lower costs By Reuters
Stock Market

IBM mulls using its own AI chip in new cloud service to lower costs By Reuters

© Reuters. FILE PHOTO: The logo for IBM is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New