62 h. ago As US adds more semiconductor hurdles, Chinese firms could seize an opportunity

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 (Dalian), will lose their fast-track status for compliance as “validated end-users”, meaning they will need to...

Politics

65 h. ago SMIC to take full control of chip foundry as China’s fab industry consolidates

Semiconductor Manufacturing International Corporation (SMIC), China’s largest contract chipmaker, said it planned to buy all of a foundry it controls as the nation’s fab industry undergoes a wave of consolidation. In a statement last week, the company said it planned to buy the remaining equity interest in Semiconductor Manufacturing North China (Beijing) Corporation (SMNC), a subsidiary that is currently 51 per cent owned by SMIC. The chipmaker said it would buy the stake from state-owned...

Politics

5 d. ago Intel, Samsung, and SK hynix hit by another abrupt US policy change — government revokes waivers for advanced chipmaking tools at companies' China

Intel, Samsung, and SK hynix hit by another abrupt US policy change — government revokes waivers for advanced chipmaking tools at companies' China-based fabs  Tom's Hardware

Events

5 d. ago US makes it harder for Samsung, Intel to produce chips in China

The United States is making it more difficult for chipmakers Samsung and SK Hynix to produce chips in China by revoking authorisations that allowed the companies to receive American semiconductor manufacturing equipment there, according to the Federal Register. The US Commerce Department had given the companies exemptions to sweeping restrictions created in 2022 on the sale of US semiconductor equipment to China. The companies will now need to obtain licences to buy the equipment for China. The...

Politics

6 d. ago Nvidia is caught in Trump's China trade war, and it could impact the stock market

Nvidia is caught in Trump's China trade war, and it could impact the stock market  Axios

Events

6 d. ago Asia markets rocky as Nvidia drops, China chipmakers blast off

Asia markets rocky as Nvidia drops, China chipmakers blast off  Reuters

Politics

8 d. ago Cambricon: how two ‘genius brothers’ created China’s potential rival to Nvidia

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 ratio above 4,000 – compared to under 60 for Nvidia – reflects a growing belief in China that the country is on a path to develop an AI...

Politics

8 d. ago Cambricon: how 2 ‘genius brothers’ created China’s potential rival to Nvidia

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 ratio above 4,000 – compared to under 60 for Nvidia – reflects a growing belief in China that the country is on a path to develop an AI...

Politics

9 d. ago China’s server, chipmakers enter ‘super cycle’ as AI computing mushrooms

China’s domestic server and chipmakers are entering a “super cycle” as the country’s local governments spend lavishly on computing infrastructure to support artificial intelligence development. The AI Computing Power Concept Index, compiled by Chinese financial data provider Wind and comprising 54 component stocks, hit a record high on Monday, with an increase of 166 per cent over the past 52 weeks. The frenzy was stoked by DeepSeek’s hint last week that it has changed its data format to support...

Politics

9 d. ago Cambricon tops Moutai as China’s costliest stock as chips beat liquor

Cambricon Technologies became the costliest stock in mainland China’s equities market, as the Beijing-based chipmaker replaced the liquor distiller Kweichow Moutai in a sign of the rising significance of artificial intelligence (AI) in the world’s second-largest capital market. Trading under the symbol 688256 in Shanghai, Cambricon’s shares jumped 11.60 per cent on Monday to a record 1,384.93 yuan, giving it 579.38 billion yuan (US$81 billion) in market value. The stock has more than doubled in...

Politics

3 w. ago Can Philippines’ chips sector weather Trump’s 100% tariff storm?

Philippine economists and the nation’s chip industry have sounded the alarm over US President Donald Trump’s proposal to impose 100 per cent tariffs on semiconductor exports to America, warning of potentially devastating consequences. While concerns are mounting, some observers remain optimistic that Manila may weather the storm, pointing to the “Taco” (“Trump always chickens out”) slogan that has gained prominence in recent months – a nod to the mercurial president’s reputation for reversing...

Politics

3 w. ago As Trump threatens 100% semiconductor tariffs, how will Philippine firms react?

Philippine economists and the nation’s chip industry have sounded the alarm over US President Donald Trump’s proposal to impose 100 per cent tariffs on semiconductor exports to America, warning of potentially devastating consequences. While concerns are mounting, some observers remain optimistic that Manila may weather the storm, pointing to the “Taco” (“Trump always chickens out”) slogan that has gained prominence in recent months – a nod to the mercurial president’s reputation for reversing...

Politics

3 w. ago Chipmakers Nvidia and AMD to pay 15% of China revenue to US government

Chipmakers Nvidia and AMD to pay 15% of China revenue to US government  Euronews.com

Politics

3 w. ago China’s SMIC downplays impact of Trump’s proposed 100% tariff on chip imports

Semiconductor Manufacturing International Corp (SMIC), mainland China’s largest contract chipmaker, on Friday downplayed the potential impact of US President Donald Trump’s proposed 100 per cent tariff on imported chips, as stout domestic demand is expected to continue. “Our overall capacity remains in a state of demand exceeding supply,” SMIC co-CEO Zhao Haijun said in a briefing after the company reported its second-quarter financial results. “[Even if growth in demand slows], there will be no...

Politics

3 w. ago China’s chipmakers to see small impact from Trump’s 100% tariff on imports: CLSA

China’s top chipmakers, including Semiconductor Manufacturing International Corp (SMIC), are expected to avoid the worst of US President Donald Trump’s plan to impose 100 per cent tariffs on imported semiconductors. According to a research note published by CLSA, the potential impact of the proposed US tariffs on imported chips – the details of which are expected as soon as next week – would be small for SMIC and Hua Hong Semiconductor. The two Shanghai-based firms could also benefit from...

Politics

3 w. ago Trump says US to levy 100% tariff on imported chips but some firms exempt

Trump says US to levy 100% tariff on imported chips but some firms exempt  Reuters

Politics