Apple CEO Tim Cook was among a handful of top tech executives who attended a classified CIA briefing warning that China could attack Taiwan by 2027, according to a sweeping investigative report by The New York Times ($). The previously unreported briefing was apparently held in a secure room in Silicon Valley in July 2023….
The use of chips for artificial intelligence and electric vehicles (EVs) will offer strong demand underpinning the development of mainland China’s semiconductor industry, according to veterans of the sector at an annual gathering in Shanghai. At the 2025 Global Semiconductor Market Summit, chip executives discussed the industry’s future amid US-China tech rivalry and surging demand…
(Reuters) -Semiconductor stocks advanced on Thursday after top contract chipmaker TSMC (TSM) issued a rosy forecast, fanning optimism about demand for artificial intelligence infrastructure in a week of multi-billion-dollar deals across the sector. The company posted a record quarterly profit and raised its annual revenue expectation, pointing to robust demand from customers including AI chip…
As China drafts its 15th five-year plan – the next entry in a line of expansive blueprints that have set the tone for the country’s development over more than seven decades – we examine the implications and opportunities for industrial collaboration across the Taiwan Strait. For more stories in this ongoing series, click here. Last…
In the latest trading session, TSMC (TSM) closed at $292.19, marking a +1.42% move from the previous day. This change outpaced the S&P 500’s 0.01% gain on the day. Meanwhile, the Dow experienced a rise of 0.51%, and the technology-dominated Nasdaq saw a decrease of 0.28%. Heading into today, shares of the chip company had…
Regardless of how trade talks go, the US-China tech rivalry isn’t going away. From each side’s perspective, maintaining a lead in futuristic technologies matters significantly for economic growth and national power. Now, we’re entering round two. The first round was mostly defined by US export controls aimed at slowing China’s development of advanced technologies. These…
The Trump administration is developing a policy requiring semiconductor companies to match their domestic chip production with the volume their customers import from overseas, or face tariffs of up to 100%, according to a Wall Street Journal report..Under the proposed rule, chipmakers would need to maintain a 1:1 ratio between US-made semiconductors and imported chips…
This article first appeared on GuruFocus. Nvidia (NVDA, Financials) is betting big on Intel (INTC, Financials). The world’s most valuable chipmaker is investing $5 billion for about a 4% stake in Intel and teaming up to develop new PC and data center chips. The deal immediately lit up Wall Street. Intel shares soared 23% as…
The hottest company in China right now is Cambricon Technologies, an artificial intelligence chipmaker whose stock has surged about 10-fold over the past two years, driven by expectations that it could be a serious challenger to Nvidia in the mainland market. The frenzy over Cambricon, whose stock is trading at an eye-watering trailing 12-month price-to-earnings…
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…