The 10 biggest US IPOs of the past four years are down an average of 47% from the closing price on their first day of trading

Researchers from Microsoft and other groups say China was behind fake social media posts that claimed fires in Hawaii last month were caused by a secret "weather weapon" made by the US

The cloud unit is Alibaba's second-biggest money spinner, valued at $41 billion to $60 billion ahead of an IPO planned for next year

Deals worth billions in a range of tech sectors were detailed at a business summit on Monday that coincided with President Joe Biden's trip to Hanoi

Senior executives from chipmakers including Intel, GlobalFoundries, Amkor and Marvell are expected to attend a business meeting on Monday in Hanoi

The chief of one of the world’s biggest chip equipment-makers, ASML, said isolating China completely will ‘force’ the country to ramp up innovation

"The significance is that it shows that China has been able to stay 2-2.5 nodes behind the world's best (chip) companies," Dan Hutcheson, an analyst with TechInsights said

China's ban on iPhone use by government workers was extended to local government entities last month, raising fears that Apple and its suppliers could be hit hard by rising Sino-US tension

Republican chair of influential House panel calls for harsher curbs after the discovery of new chips in Huawei phones "that may violate trade restrictions"

State media said the investment was a clear sign of Beijing's push to end the country's reliance on foreign semiconductor firms

Analysts expect more debate in the US on the effectiveness of chip curbs and the possibility of Congress including harsher sanctions in a competition bill it is preparing against China

The development follows sanctions-hit Huawei's success in building an advanced 7-nanometer processor, in collaboration with state-backed SMIC