The challenge spells trouble for China’s furiously expanding AI industry — which remains cut off from cutting-edge chips due to US sanctions

TSMC is currently prohibited from producing advanced processors for China, as it uses American chipmaking tools, and hence falls under the purview of recent sanctions

The server chip will likely focus on running AI models, also known as inference, rather than in training AI models, where Nvidia is dominant

Raimondo’s views come at a time when Huawei's revelation of a new AI-enabled laptop, powered by Intel's new Core Ultra 9 chip, has angered China hardliners in the US

The news comes after the US outfit came under fire at the weekend after it emerged Huawei’s new high-end laptop was powered by Intel AI chips

Revenue for the first quarter of 2024 was $18.54 billion, up from $16.72 billion in the same three months last year

Seoul is desperate to retain its world-leading role in semiconductors as AI takes chip development on to the next level

The US memory chip giant has partnered with local telco firm Indosat as it looks to expand in the key region

The Joe Biden Administration is taking pains to strengthen its existing chips restrictions on China by making it easier for US firms to comply with restrictions

The team presented the groundbreaking chips at the biggest integrated circuit industry event of the year

China's push for self-sufficiency in the computer chip supply chain was a noted feature of the annual Semicon China exhibition in Shanghai this week

Chinese carmakers are turning to Nvidia for advanced technology in an effort to compensate for what they currently lack in global brand recognition