The SoftBank Group-controlled firm trades at 45 times its 12-month forward earnings estimates, compared with investor darling Nvidia's 29.66

A global chip glut and Washington’s moves to limit China’s semiconductor industry weighed on SMIC, but the chipmaker shrugged off the revenue drop

Chinese customers are reportedly stockpiling chipmaking kit made by Dutch firm ASML before new restrictions come into force in 2024

Tokyo has been offering significant subsidies to domestic and foreign chipmakers to rebuild its semiconductor industry

The technology investment group is now pinning its hopes on chip designer Arm to turn its fortunes around after ‘hitting the bottom’

STAR Market Daily news outlet said the new chips are called the HGX H20, L20 PCIe and L2 PCIe and that Nvidia could announce them from late next week

The US tech giant didn’t reveal why it had shelved its plan but had previously raised concerns about stable power supplies and Hanoi bureaucracy

Chinese tech firms have historically relied on sector leader Nvidia but Washington’s tech curbs have prompted a shift away from the US firm

Minister tells Micron CEO Beijing would be happy for the company to expand its operations in China, months after saying the memory chipmaker failed a security review; the news comes amid a thaw in Sino-US ties

Companies from the Netherlands have upped their interest in the Southeast Asian nation, as trade restrictions increase

American firms like Qualcomm and Alphabet's Google have embraced RISC-V – but so have many Chinese companies, sparking worries at Capitol Hill

Spending on new equipment and developing new components and chipmaking tools has accounted for most of the $7bn raised earlier in the year