President Joe Biden’s final days in office seemed all about cementing the United States’ well-established lead over China in the market for artificial intelligence. The administration’s methods — focused on severing China’s access to AI by regulating global access to advanced semiconductors — were met with nods of approval from policy experts but annoyance from…
Chinese start-up Zhipu AI said it “strongly disagrees” with a US decision to add the company and its subsidiaries to an export blacklist, as the administration of President Joe Biden released a flurry of trade restrictions just days before he leaves office. The US Department of Commerce on Wednesday added 25 China-based companies and two…
Nvidia (NVDA, Financial) is stepping up its efforts to trace how its chips using advanced AI are allegedly being exported to China in disregard of US export controls. The tech giant has enlisted partners such as Super Micro Computer Inc. (SMCI, Financial). A region flagged as a potential smuggling hub, the office ordered SMCI to…
Mainland China’s chip design firms are anxiously waiting for any further updates from Taiwan Semiconductor Manufacturing Company (TSMC), after the world’s most advanced contract chip manufacturer paused 7-nanometre node services for some artificial intelligence (AI) chip clients in the world’s largest semiconductor market by consumption. TSMC last week told graphics-processing-unit (GPU) and AI-accelerator clients on…
The Shanghai-based chipmaker said its third-quarter revenue rose 34 per cent from a year earlier to US$2.17 billion. Net profit for the quarter reached US$148.8 million, up 58.3 per cent from a year earlier. “The company achieved for the first time more than US$2 billion in quarterly revenue during the third quarter, representing a record…