China’s semiconductor sector saw a steep one-third decline in funding inflows this year amid US restrictions on advanced chips and overcapacity concerns in legacy chips, according to data from a local industry research firm. In the first 11 months of 2024, the country’s chip industry recorded 677 investment deals, a decline of 35.9 per cent…
Delegates at a Chinese semiconductor conference in Shanghai have called for “global cooperation”, sending a conciliatory message at a time when Washington and Beijing are intensifying a chip war. At the Global Semiconductor Market Summit on Thursday, one of China’s first major chip industry gatherings since the Biden administration imposed new export restrictions, speakers largely…
NEW YORK – Nvidia is replacing Intel on the Dow Jones Industrial Average, ending a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the market for chips that run artificial intelligence systems. Paint-maker Sherwin-Williams will also replace chemical company Dow Inc. among the companies that make up the 30-stock average….
Huawei Technologies has opened a massive campus in a suburb of Shanghai, which serves as a base to promote innovations for China’s technology self-sufficiency drive, as the company demonstrates its resilience under US sanctions. The Lianqiu Lake campus, which boasts a floor area more than 10 times larger than that of Alphabet’s Googleplex headquarters in…
For centuries, military observers have referred to it as “blood and treasure”. For most of the rest of us, it could be neatly distilled into “wealth and war”. History is littered with examples of nations battling for control of everything from spices to oil, gold and strategic superiority over technology. The latest battleground centres around…
Chinese authorities have informally advised local companies to use domestic-made artificial intelligence (AI) chips over those from Nvidia, according to two sources familiar with the matter, as alternative suppliers on the mainland look to catch up with the US tech giant. While there is no official ban on Nvidia’s China-tailored H20 graphics processing unit (GPU),…