China has emerged as a significant buyer of ASML’s products — accounting for nearly half of its sales — in the first quarter of the year

Current unilateral curbs were benefitting foreign rivals at the expense of US businesses, California Democrats said in a letter this week

The chipmaker — now the world’s most valuable company — is planning to develop processors from its new 'Blackwell' chip series and sell them in China

TSMC's shares had been on a roll until US Republican presidential candidate Donald Trump accused Taiwan of stealing American chip business and asked the island to 'pay for its defence'

The grants will be used to fund projects in Texas and Missouri establishing the first US production sites for 300-mm wafers for advanced semiconductors

Chinese chipmakers have escalated their purchases of ASML's machines used to make older generations of chips widely used in cars and smartphones

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 key driver of the profit growth would be Samsung’s chip division, which is expected to report its first quarterly profit in five quarters

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 US has reportedly been pressing Seoul, since the second-half of 2023, to implement export curbs targeting chip supplies to China

Washington is also pushing the Netherlands to stop ASML from maintaining and servicing equipment it sold to China before the Dutch chip export curbs came into effect

Tata Group and CG Power will partner up with Taiwan's Powerchip and Japan's Renesas on the first two fabs in Gujarat