Micron Technology plans to stop supplying server memory chips to data centres in China after the business failed to recover from a 2023 government ban on its products in critical Chinese infrastructure, according to two people briefed on the decision. Since then, both Nvidia and Intel have similarly fielded accusations from Chinese authorities and an…
MANILA, Philippines (AP) — Asian shares advanced on Thursday, tracking Wall Street’s rise to records despite the the shutdown of the U.S. government. Technology shares jumped on expectations of higher demand for computer chips due to a partnership between South Korean tech and OpenAI. U.S. futures and oil prices also rose. South Korea’s Kospi climbed…
Seoul-listed Samsung and SK hynix led a surge in tech firms after they signed a chip deal with US giant OpenAI (I-Hwa Cheng) Asian equities jumped Thursday after data showing job losses in the US private sector fanned optimism for more interest rate cuts and overshadowed a partial shutdown of the country’s government. Tech firms…
The US is proposing annual approvals for exports of chipmaking supplies to Samsung Electronics Co. and SK Hynix Inc.’s factories in China, a compromise aimed at preventing disruptions to the global electronics industry after Trump officials revoked Biden-era waivers that let the companies more easily get such shipments. Officials in the US Commerce Department last…
(Fixes typographical error in headline) (Reuters) – The United States is proposing annual approvals for exports of chipmaking supplies to Samsung Electronics and SK Hynix’s China-based factories, Bloomberg News reported on Monday. Officials in the U.S. Commerce Department last week presented to Korean counterparts a “site license” idea to supplant indefinite authorizations the chipmakers secured…
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…
China’s drive for economic self-reliance is raising the spirits and prospects of its semiconductor industry, as insiders expect more home-grown technologies after Washington revoked waivers for some foreign-owned chipmakers’ factories in China to use US technologies in their operations. The Chinese branches of South Korean chipmakers Samsung and SK Hynix, as well as Intel Semiconductor…
US has notified a new rule revoking earlier permissions that allowed Samsung, SK Hynix and Intel to use American chipmaking equipment in China, reports news agency Reuters. These approvals, granted in 2022 by the Commerce Department, were exceptions to broader restrictions on exporting semiconductor tools to China. Under the new rule – posted in the…
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…
Chip sales to the world’s second-largest economy including Hong Kong fell 31.8 per cent from a year earlier, according to South Korea’s Ministry of Trade, Industry and Energy. That was bigger than the 22.5 per cent contraction reported for January and comes after a 2024 rally that helped fuel South Korea’s economic growth. High-bandwidth memory…