Seoul, South Korea -- South Korean conglomerate Samsung unveiled on Sunday a plan to invest $310 billion over the next five years mostly in technology powering artificial intelligence, aiming to meet growing demand driven by a global boom. The business group's flagship Samsung Electronics is already one of the world's...

Under the seven-year agreement, OpenAI, which is partly owned by AWS's archrival Microsoft, will gain access to computing resources including hundreds of thousands of state-of-the-art Nvidia GPUs.

New York, United States -- AI chip juggernaut Nvidia became the world's first $5 trillion company on Wednesday, as investors remain confident that artificial intelligence will deliver a new wave of innovation and growth. The California-based tech giant saw its share price rise by 4.91 percent to $210.90 at the...

"I'll be setting tariffs next week and the week after, on steel and, I would say, chips. Chips and semiconductors, we'll be setting sometime next week, the week after," Trump said.

The US president unveiled the levy at the White House on Wednesday ahead of the imposition of sweeping tariffs on goods from dozens of countries, with chips so far exempt. It comes with the United States and China locked in a high-stakes race to develop the high-end semiconductors used to...

TSMC is the world's largest contract maker of chips.

Robust demand for AI technology behind the surge.

Washington, United States -- Chip giant Micron Technology on Thursday said it was expanding its domestic investment plan to $200 billion as its seeks to boost US semiconductor manufacturing, with the backing of the Trump administration. The move, aimed at strengthening America's domestic chip supply chain, represents an additional $30...

Beijing, China -- The United States has taken aim at China's Huawei over the cutting-edge chips powering artificial intelligence (AI), part of a shifting technology dispute between the two largest economies. AFP looks at how the US-China chip war is evolving under US President Donald Trump: Focus back on China...

Beijing, China -- Tech giant Xiaomi unveiled a new advanced in-house mobile chip on Thursday, a significant milestone for the company as Chinese firms shift resources towards home-grown technology against a bleak international trade backdrop. Xiaomi, which sells goods from smartphones to vacuum cleaners and electric vehicles (EVs), is one...

Its net revenue for the quarter soared nearly 42%.

TSMC is investing $3.9bn in the Dresden project.

New York, United States -- Chip-making juggernaut Taiwan Semiconductor Manufacturing Co. briefly surpassed $1 trillion in market capitalization on Monday as the AI frenzy continues to power tech stocks. TSMC controls more than half the world's output of chips and supplies them for everything from Apple's iPhones to Nvidia's cutting-edge artificial...

Toronto, Canada -- For a few days, AI chip juggernaut Nvidia sat on the throne as the world's biggest company, but behind the its staggering success are questions on whether new entrants can stake a claim to the artificial intelligence bonanza. Nvidia, which makes the processors that are the only option...

It capitalized on huge wave of demand for chips used in AI hardware.

San Francisco, United States - Apple on Tuesday announced a line of new iPad tablets revamped with a powerful AI chip that signaled the company is ready to introduce artificial intelligence across its devices. The latest version of the iPad Pro uses a new chip called the M4, which is stronger...

Washington, United States - The White House unveiled almost $20 billion in new grants and loans Wednesday to support Intel's US chip-making facilities, marking the Biden administration's largest funding announcement yet as it tackles China's dominance of the crucial technology. President Joe Biden's decision to make the announcement during a trip...

Hong Kong, China - Asian markets rose on Thursday, with Tokyo's benchmark index posting a record high after greater-than-expected earnings from US chip giant Nvidia. Highly anticipated earnings results from Nvidia beat expectations late Wednesday, with the firm reporting a quarterly profit of $12.3 billion on record-high revenue driven by demand...

The company's revenue spiked to US$22.1bn.

The chip maker said the profit was boosted by strong sales.

Alibaba is a key player in China's expansive digital economy and the operator of a major online shopping platform. The Hangzhou-based group's performance is considered a barometer of domestic consumption, which has flagged in recent months.

The merger is expected to be completed by the end of Oct.

Paris, France -- Taiwanese chipmaker TSMC agreed Tuesday on a multibillion-dollar deal to build a plant in Germany, part of a push to put Europe at the center of the global semiconductor industry. The United States and China are embroiled in a fierce rivalry to dominate the chip industry, and Europe...

BRUSSELS, BELGIUM- The European Commission approved US chipmaker Broadcom's planned $61 billion takeover of cloud computing firm VMware on Wednesday, conditional on the company fulfilling certain commitments to ease competition concerns. The massive deal had raised concerns about competition, prompting probes by antitrust watchdogs in the European Union and Britain. The...

Taipei, Taiwan -- Taiwan's chip giant TSMC said Thursday it did not expect any direct effect on production from China's latest export controls on two rare metals essential for making semiconductors. China's Ministry of Commerce and Customs announced Monday that exports of gallium and germanium will require a license from Aug....

The "agreement in principle" would see the semiconductor firm build the facility in southern city Kiryat Gat that would open by 2027 and operate at least until 2035, Israel's finance ministry said. As part of the deal, Intel's taxes to Israel would rise from five to 7.5%, the finance ministry...

Beijing had banned its chips from critical infrastructure projects.

Chip company Nvidia exceeded $1 trillion in market value as Wall Street stocks mostly rose, following an agreement between President Joe Biden and Republican House Speaker Kevin McCarthy to avoid a US debt default. All three major indices rose, while Nvidia jumped over seven percent on its role in artificial...

The crucial semiconductor industry, that powers everything from personal computers, smartphones to fighter jets, suffered a dismal first quarter as demand plummeted for chips. Intel, one of the world's leading semiconductor makers, was also affected by falling demand for chips that power data centers and is struggling to compete with...

TOKYO, JAPAN -  Japan on Friday unveiled planned export controls on 23 items used to make semiconductors, following US pressure for countries to restrict Chinese access to the technology. The move was immediately slammed by Beijing, which warned against moves that "politicize, instrumentalize and weaponize" trade. It comes as Tokyo confirmed...

The Gulf countries are also able to attract highly qualified and scientific expertise and skilled workers, and they possess the primary resources for the manufacture of chips and semiconductors, especially silicon extracted from sand, plastic and petroleum materials, he adds.

Its operating profits in Q4 fell to $3.4 billion, a 69 percent drop.

It retained lead over the rival Volkswagen for the third year.

Beijing, China—China has filed a dispute with the World Trade Organization over US restrictions on chip exports, Beijing's commerce ministry said in a statement late Monday, accusing Washington of threatening global supply chains. The United States in October announced new export controls aimed at restricting China's ability to buy and manufacture...

The firm will invest $40bn by the end of the decade.

The rise is also attributed to the popularity of the Switch.

Steady chip demand and brisk smartphone sales led to the rise.

Helium is used in the manufacturing of semiconductors, and its shortage is expected to exacerbate the paucity of computer chips.

The company will invest $20 bn, hire 3,000 new workers for the sites in Ohio.

The company said as a supply chain crunch and inflation are set to ease.

It will sell only small-sized French fries for a week.

Samsung said on Tuesday it will build a microchip factory in Texas, a $17 billion investment that comes as semiconductor shortages are causing supply chain delays across many industries. "Welcome to Texas, Samsung!' tweeted Texas' Republican governor Greg Abbott, who called the planned factory "the largest foreign direct investment in...

Japanese car giant Honda revised its annual profit forecast downwards on Friday, warning it sees no immediate end to the chip shortage and supply-chain issues impacting automakers worldwide.

Apple is unlikely to meet production goals for its new iPhone before the holidays because of a global electronic chip shortage, a report said Tuesday. The firm had planned to produce 90 million iPhone 13s before the end of the year, but will have to settle with 80 million as...

This week's suspension is Scania's first since the coronavirus pandemic forced a production halt in April 2020