China was the only country to increase its year-on-year chip equipment purchases, with other major buyers like Taiwan, South Korea and the US all spending less

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

Any larger scale or protracted industrial action would be a headache for Samsung as it scrambles to catch up with rivals in chips used for artificial intelligence

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

Tariffs on an innumerable number of transfers of chip design data across countries, would raise chipmaking costs and worsen chip shortages, a semiconductor consortium warned India

"If you just assume that computers never get any faster, you might come to the conclusion we need 14 different planets and three different galaxies and you know four more Suns to fuel all this."

The 5nm tech will be used to produce chips for Huawei's new smartphones, and, if successful, could also be used for its AI chips

The machines are aimed at disrupting the most expensive step in the chipmaking process, by “stamping” chip designs on to silicon wafers instead of etching them using ultraviolet light

China's Alibaba and Tencent have reportedly told Nvidia that they will be switching to domestic firms such as Huawei for some advanced chip orders

The spike this year highlights the growing struggles in the chip design, semiconductor manufacturing and wafer fab equipment sectors

Big tech firms like Tencent and even smaller and upcoming Chinese AI players are accelerating chip product launches and organising more marketing visits

The state-backed fund is looking to support various elements of the semiconductor supply chain, including “design, equipment, components and raw materials,” state media says