Misa Zhu Mingming, an engineer who had worked at Alibaba Group Holding, left in 2014 to found his own venture, Rokid. The start-up, which develops smart glasses, was backed by angel investors that included Vision Plus Capital, formed by Eddie Wu Yongming and others before Wu became CEO of Alibaba in 2023. A decade later,…
The chair of a high-profile US House committee asked the US trade representative to apply tariffs to all semiconductors made in China and liaise with US allies like Japan and South Korea, even as US President Donald Trump threatens to impose levies on many of those trusted partners. Testifying at a hearing hosted by the…
Imagination Technologies rejects insider claims its deals with Moore Threads and Biren Technology saw critical AI tech transferred to China Image: UK chip designer denies accusations of AI technology transfers to Chinese companies UK chip designer Imagination Technologies has denied striking deals that could’ve seen high-end AI chip technology transferred to two Chinese semiconductor firms,…
With President Joe Biden leaving office soon, the Commerce Department is wrapping up loose ends, including allocating billions of dollars in subsidies to help build advanced chips on U.S. soil. The Commerce Department will give Taiwan Semiconductor Manufacturing (TSMC) up to $6.6 billion in direct funding for three semiconductor manufacturing facilities in Arizona, according to…
By Karen Freifeld and Fanny Potkin NEW YORK/SINGAPORE (Reuters) – The U.S. ordered Taiwan Semiconductor Manufacturing Co to halt shipments of advanced chips to Chinese customers that are often used in artificial intelligence applications starting Monday, according to a person familiar with the matter. The Department of Commerce sent a letter to TSMC imposing export…