How big a deal is China's reported breakthrough on a key chipmaking tool?

    China’s reported chip breakthrough comes with some big caveats

    ASML‘s stock fell Tuesday after a report that China is mass-producing a critical tool that the Dutch tech giant has long held a monopoly over. The decline came amid a steep sell-off in global semiconductor stocks as investors continued to grapple with uncertainty about the sector. ASML was last trading down 1.8%, but the stock…

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    OpenAI model goes rogue: Here's what you need to know

      Sam Altman to meet with Trump administration amid China AI debate

      WASHINGTON, DC – JANUARY 21: OpenAI CEO Sam Altman appears during a news conference with U.S. President Donald Trump in the Roosevelt Room of the White House on January 21, 2025 in Washington, DC. Trump announced an investment in artificial intelligence (AI) infrastructure and took questions on a range of topics including his presidential pardons…

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      Watch CNBC's full interview with Treasury Secretary Scott Bessent

        Bessent says U.S. could sanction China over AI model ‘theft’

        U.S. Treasury Secretary Scott Bessent during the 2026 Reagan National Economic Forum at the Ronald Reagan Presidential Library in Simi Valley, California, May 29, 2026. Caroline Brehman | Bloomberg | Getty Images U.S. Treasury Secretary Scott Bessent on Tuesday said the Trump administration will look into whether Chinese artificial intelligence models have been distilled from…

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        Chinese tech companies talk up local chips as Nvidia reportedly wins approval for return

          China AI chips ramp up as Nvidia H200 access unclear

          China is focusing on large language models in the artificial intelligence space. Blackdovfx | Istock | Getty Images Production of Chinese chips could ramp up this year, as executives at the country’s biggest tech companies look to deploy more homegrown technology — as it’s reported U.S. chip giant Nvidia could return. On Wednesday, internet titan…

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