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CHINESE CHIPMAKER
Chinese chip firm Biren Tech seeks up to $838 million in Hong Kong placement, term sheet showsChinese chip maker Biren Tech is reportedly looking to raise a substantial amount, aiming for up to $838 million through a placement in Hon...
'Don’t care’, says Donald Trump, chalking off alleged insider trading claims; $1.4 billion crypto windfallDonald Trump dismissed concerns over alleged insider trading and conflicts of interest after financial disclosures showed businesses linked...
Global Market Today: Asian stocks slip on AI woes, oil extends dropAsian stocks dipped, mirroring a global tech sell-off fueled by concerns that the AI rally has overheated. Investors are questioning sky-hi...
Samsung, SK Hynix shares crash up to 14% as Kospi’s massive bloodbath enters day 2Samsung Electronics and SK Hynix shares plunged as much as 14% as South Korea’s Kospi extended its sharp selloff for a second day. The decl...
South Korea's Kospi plunges 8%, extending a two-day slide. What's unsettling the world's hottest market?South Korean stocks experienced a sharp two-day decline, with the KOSPI index plummeting over 10%. This downturn was fueled by concerns ove...
Chinese and US risks mean EU chip sector faces a 'bleak future'Further vulnerability stems from the EU's dependence on the U.S. for technology, including design software and the possibility the U.S. cou...
Global Market Today: Asian stocks fall on Korean chip selloff, oil dipsAsian markets tumbled as chipmaker stocks experienced a sharp decline, sparking fears the AI rally might have overheated. Concerns also sur...
China's Meituan says new AI model trained on domestic chipsChinese tech giant Meituan has unveiled LongCat-2.0, a new AI model comparable to Google's Gemini 3.1 pro. This marks a significant achieve...
'One-time opportunity': South Korea bets big on AI boomSouth Korea's chip industry is poised for a significant boost amidst soaring demand for AI components. Analysts highlight this as a crucial...
Nvidia's AI chip sales in China stall, as local chipmakers like Huawei take the leadJensen Huang, the CEO of computer chip giant Nvidia, was mobbed by onlookers as he hit the streets for the "zhajiangmian" noodles while vis...
Don't let AI chip off the old blockThe soaring demand for memory chips driven by artificial intelligence is leading to significant shortages that are affecting various indust...
Apple seeks US approval to buy chips from blacklisted Chinese companyReports suggest that Apple is actively reaching out to the Trump administration in an effort to source memory chips from ChangXin Memory Te...
China begins to snap at America's heels in a tightening tech raceChina’s latest supercomputer ranking has renewed debate over global technology leadership, but current evidence shows the United States sti...
AI stocks are in a 'blowoff top' phase but the game isn't over yet: Jonathan SchiesslGlobal tech and AI stocks are undergoing a necessary correction, not a collapse, according to Westminster Asset Management's Jonathan Schie...
US tells ASML it's concerned one of its chipmaking tools may be in China: reportASML has pushed back against those concerns, noting that EUV, or extreme ultraviolet, lithography tools used to print tiny chip circuits ar...
China tightens indium export checks as AI demand increasesWhile the metal isn't yet restricted, new customs checks and requests for end-user information suggest a potential prelude to tighter contr...
China to support IPOs by 'future industry' startups, large model companiesThe announcements came after China's top securities regulator vowed to "actively embrace" a new phase of technological revolution and indus...
US holds off blacklisting China's DeepSeek, more than 100 firms deemed security risks, sources sayDeepSeek, CXMT and other companies were approved by an interagency committee last year for addition to the Commerce Department's Entity Lis...
U.S. held back blacklisting DeepSeek, over 100 Chinese firms despite security concerns, sources sayAmerica has delayed adding over 100 Chinese firms, including AI startup DeepSeek and chipmaker CXMT, to a trade blacklist. These companies ...
ByteDance in talks with China's Iluvatar CoreX to purchase AI chipsByteDance, the influential technology entity known for its innovative platforms, is reportedly in discussions to acquire AI chip technology...