Dutch Government Seizes Chinese-Owned Chipmaker Nexperia Amid US-China Tech Tensions | Ukraine news

Dutch Government Seizes Chinese-Owned Chipmaker Nexperia Amid US-China Tech Tensions | Ukraine news

The Dutch government has taken control of the Chinese-owned chip company Nexperia after pressure from Washington, a move underscoring how countries find themselves between the United States and China in the race for technological advantage. The Nijmegen-based company specializes in low-end chips for consumer electronics, automotive, and industrial sectors and has manufacturing facilities in Germany…

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Changing times: Cambricon tops Moutai as China’s costliest stock as chips trump baijiu

Changing times: Cambricon tops Moutai as China’s costliest stock as chips trump baijiu

Cambricon Technologies became the costliest stock in mainland China’s equities market, as the Beijing-based chipmaker replaced the liquor distiller Kweichow Moutai in a sign of the rising significance of artificial intelligence (AI) in the world’s second-largest capital market. Trading under the symbol 688256 in Shanghai, Cambricon’s shares jumped 11.60 per cent on Monday to a…

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Changing times: Cambricon tops Moutai as China’s costliest stock as chips trump baijiu

Changing times: Cambricon tops Moutai as China’s costliest stock as chips trump baijiu

Cambricon Technologies became the costliest stock in mainland China’s equities market, as the Beijing-based chipmaker replaced the liquor distiller Kweichow Moutai in a sign of the rising significance of artificial intelligence (AI) in the world’s second-largest capital market. Trading under the symbol 688256 in Shanghai, Cambricon’s shares jumped 11.60 per cent on Monday to a…

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Intel CEO says he is working with US administration after Trump demands resignation

Intel CEO says he is working with US administration after Trump demands resignation

(Reuters) -Intel Chief Executive Lip-Bu Tan on Thursday said the chipmaker is engaging with the U.S. administration to clarify concerns and ensure accurate information is provided after President Donald Trump demanded his immediate resignation earlier in the day. Trump called the CEO “highly conflicted” due to his ties to Chinese firms, raising doubts about plans…

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