Tech war: Shanghai chip firm doubles quarterly profit as China expands supply chain role

Tech war: Shanghai chip firm doubles quarterly profit as China expands supply chain role

Chinese semiconductor company Montage Technology reported a sharp surge in revenue and profit in the March quarter, following a significant rise a year earlier, in a sign of the country’s expanding presence in the memory chip segment. The Shanghai-based integrated circuit design firm, which supplies connectors to dynamic random-access memory (DRAM) chips, said in a…

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Chip war: China’s semiconductor supply chain faces tough test amid broader US sanctions

Chip war: China’s semiconductor supply chain faces tough test amid broader US sanctions

China’s chip ambitions are being tested again as fresh US sanctions, the third escalation in three years, hit more broadly across the semiconductor supply chain, industry insiders said. The US Commerce Department, which oversees export controls, added 140 Chinese chip-related organisations to a trade blacklist and placed additional restrictions on China’s access to semiconductor manufacturing…

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Tech war: China’s AI hopes face fresh setbacks as US set to restrict advanced memory chip exports

Tech war: China’s AI hopes face fresh setbacks as US set to restrict advanced memory chip exports

China’s efforts to develop home-grown artificial intelligence (AI) semiconductors are facing fresh setbacks as the US prepares to implement new rules restricting South Korean exports of advanced memory chips to Chinese companies. The mainland would find itself in a difficult position if the supply of high-bandwidth memory (HBM) chips from South Korea is cut off…

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Micron stock soars 16% as AI powers Q4 earnings beat

Micron stock soars 16% as AI powers Q4 earnings beat

Illustration: FeatureChina (AP) In This Story Global chip stocks rallied after U.S.-based Micron’s (MU) revenue forecast topped Wall Street’s expectations. Investors should hope for a divided Congress, strategist says Micron shares were up over 18% in pre-market trading on Thursday morning, then stayed up around 17% after the market open. Micron’s earnings report boosted global…

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