microchips – Charm

Europe has risky reliance on China for low-tech chips, auditors warn – POLITICO

Cs news2 months ago02 mins

Europe has some leading companies in the field of less advanced microchips, including Germany’s Infineon, the Dutch NXP and French-Italian STMicroelectronics. These firms cater to the needs of Europe’s powerful car industry. But the auditors wrote that demand in Europe “is currently growing more quickly than EU-based chipmakers can supply it.” In 2024, the EU…

China Discourages Local Companies from Buying Nvidia (NASDAQ:NVDA) Chips

Cs news9 months ago03 mins

Shares of Nvidia (NVDA) closed down 2% on Sept. 27 after media reports surfaced that China’s government is discouraging domestic companies from buying Nvidia’s microchips and processors. Bloomberg News, and other media outlets, are reporting that government officials in Beijing are calling on Chinese businesses to source artificial intelligence (AI) microchips produced within China, and…