Commerce Secretary Gina Raimondo said the US "firmly opposes" the ban and that it is working closely with allies to address such "coercion"
Leaders of the G7 last week agreed to create an intergovernmental forum called the "Hiroshima AI process" to debate issues around fast-growing AI tools
Foreign firms saw their profits slide 16.2% in January-April from a year earlier, while private-sector firms recorded a 22.5% plunge
South Korea is in the crosshairs of a tit-for-tat row between China and the United States over semiconductors
The battery plant, set to built in the state of Georgia, will have an annual production capacity of 30 gigawatt-hours, enough for 300,000 EVs, the battery giants said
The Vietnamese EV-maker said it was not aware of any incidents, and that it was issuing the recall "out of an abundance of caution"
Stocks of China's semiconductor companies have seen large gains since March with NAURA Technology Group up 14%, Piotech up 45% and ACM Research Shanghai up 19%
“We can theoretically build chips outside of Taiwan, it’s possible [but] the China market cannot be replaced. That’s impossible,” Huang told FT
Officials from the world's biggest economies will meet on Thursday to 'thaw' tense relations, complicated by China's recent ban on Micron and a tough stance against Beijing by G7 nations
When asked about allegations of Beijing targetting Russian scientists, China said Sino-Russian relations were based on "non-alignment, non-confrontation and non-targeting of third parties"
Musk's comment represents a shift in stance for Tesla, which saw talks with the Narendra Modi-led government hit a deadlock last year
South Korea's Samsung and SK Hynix, the world's top two makers of memory chips, have invested billions of dollars in chip factories in China