Chip manufacturer NXP Semiconductors (NASDAQ: NXPI) will be announcing earnings results this Monday afternoon. Here’s what to look for. NXP Semiconductors beat analysts’ revenue expectations by 0.8% last quarter, reporting revenues of $2.93 billion, down 6.4% year on year. It was a satisfactory quarter for the company, with revenue guidance for next quarter topping analysts’…
A bipartisan group of American lawmakers is pushing for a “dramatic” expansion of export controls on chip manufacturing equipment to China and alignment from US allies in restrictions, according to a report released on Tuesday. Their efforts come amid concern that US President Donald Trump is compromising national security in pursuit of a trade deal…
OpenAI CEO Sam Altman has warned that export controls alone are not an effective strategy to curb China’s development of artificial intelligence (AI). He’s absolutely right. China’s rapid ascendancy in the global AI race is becoming increasingly evident, driven by its strategic focus on engineering, application-driven development and alignment with national policy. While the US…