Chinese tech giants, including Alibaba, ByteDance and Baidu, had placed orders worth billions for 2024 and Nvidia had planned to deliver some of them by mid-November

Beijing said the ban was an abuse of national power, adding that it was imposed without any real evidence

The Biden administration sees direct leader-level engagement with Xi as particularly important in managing US-China tensions

Wang, who is in the US until Saturday, is also set to meet Biden's national security adviser, Jake Sullivan, at the White House

A push since last year to replace all Western equipment in critical sectors with domestic alternatives 'has re-drawn entire sub-sectors' of China's software industry

This is the second appeal for calm by the Chinese president, in a little over a month, amid a bitter technology and trade war between the world’s two biggest economies

In a filing to the SEC, Nvidia noted five chips that will be impacted as the rules go into effect: the A100, A800, H100, H800, and L40S

ASML detailed the chip technology theft, which happened in 2022, in part of its annual report in February this year

China is the world's top graphite exporter and refines more than 90% of the world's graphite into the material used in virtually all EV batteries

A report from US investment giant Jefferies said this week Huawei had usurped Apple as the smartphone-maker with the biggest share of China's market

Chinese foundries that would earlier use only a small amount of equipment from domestic firms, now want "as few foreign machines as feasible"

Analysts say BRI’s shift from investment intensive projects like dams to high-tech ones comes amid Xi's push to export Chinese ideas about governance