The high valuations for the sector in Asia are partly linked to data centre operators adding more capacity and the nascent nature of the business in the region

China's chip equipment and toolmakers will be targeted by a new set of export restrictions set to be imposed by the Biden Administration, sources say

The case has drawn widespread attention in China due to its focus on AI LLM training and in light of the country's race to develop the technology

Beijing said it 'welcomed Nvidia's continued investment in China' and that it will support the chipmaker's efforts 'to continue to take root' in the country

The Chinese tech giant's latest smartphone series, Mate 70, is equipped with a homegrown 5G chip and its own operating system HarmonyOS Next

Officials in Beijing have moved to rein in tech giants like Tencent, Alibaba, Meituan and Bytedance, by ordering them to fix algorithms used on their apps and websites

US officials have proposed new rules for undersea internet cables following the cutting of two cables in the Baltic Sea this week

Chinese chipmakers are racing to rival Nvidia on AI chips as increasing export restrictions by US — and its allies — slow the growth of China’s tech industry

Musk said previously that killing the subsidy may slightly hurt Tesla sales, but would devastate its US EV rivals. However a major auto trade group wants the credits retained

Chips are among the products the US needs the most, Taiwan's central bank chief noted, adding, 'they design them and we make them'

The world's top chipmaker faces limits on what chips it can make in the US at a time when the incoming Trump Administration could put increasing production-related demands on it

The move, which will have far-reaching consequences for China’s semiconductor supply chains and tech giants, came after US officials visited Taiwan last week