Shares of chip-design software maker Synopsys plummeted in extended trading after warning that US export restrictions are contributing to a slowdown in China, the largest market for semiconductors. As part of the company’s quarterly report on Tuesday, CEO Sassine Ghazi said that a push to develop its own intellectual property (IP) was not achieving the…
The China-US AI gap has narrowed to around three months from more than a year, thanks in part to the influx of AI talent, fast technology iteration and a boom in AI applications on the mainland, said Tony Zhang, head of China technology research at CLSA, in a media briefing on Tuesday. While Chinese companies…
Hong Kong does not lack scientific talent and has long excelled in academic research. But its market has been too small to grow its own tech industries. However, as China emerges as a science powerhouse, the city now has a chance to raise its game and join the big league. Fifteen facilities in Hong Kong…
Cambricon, a China-based semiconductor firm, posted record profit in the first half of the year, along with revenue that surged roughly 4,300%. The earnings, released late Tuesday, serve as an example of Nvidia’s growing local competition in China, as the government and market seek alternative chipmakers to gain traction in the region. Nvidia’s business in…
Nvidia’s earnings aren’t just about Nvidia anymore. The $4 trillion chipmaker’s quarterly financials have become a litmus test for the AI boom—and, by extension, for the whole stock market. Constituting 8% of the market cap-weighted in S&P 500 Index and with an unrivaled grip on the chips that power generative AI, Wall Street now treats…
How low mighty Intel has fallen. Half a century ago the American chipmaker was a byword for the cutting edge; it went on to dominate the market for personal-computer chips and in 2000 briefly became the world’s second-most-valuable company. Yet these days Intel, with a market capitalisation of $100bn, is not even the 15th-most-valuable chip…
A technical change in the latest model from Chinese artificial intelligence start-up DeepSeek could be a big step towards achieving China’s goal of AI self-sufficiency, as it shows a new level of coordination between local model developers and hardware makers, according to analysts and industry insiders. While DeepSeek did not specify the vendor of the…
In a potentially dramatic shift for corporate America and U.S. industrial policy, the Trump administration is actively considering a plan to buy a direct stake in Intel, one of the world’s largest and most strategically important chipmakers and the recent target of fierce criticism from the president himself. These revelations, first reported by Bloomberg, triggered…
Eswin, China’s largest supplier of 12-inch silicon wafers, has received approval for an initial public offering (IPO) in Shanghai, the latest sign of increased efforts by Chinese chip companies to raise funds amid the rapid development of artificial intelligence (AI) and the country’s tech self-sufficiency drive. The company, which produces monocrystalline silicon polished wafers and…
The Trump administration continues to meddle with semiconductor giant Intel. The U.S. government is reportedly in discussions to take a stake in Intel, according to reporting from Bloomberg. This deal would be structured to help the company expand its U.S. manufacturing efforts, including its much-delayed Ohio chip factory. This news comes less than a week…