The SoftBank Group-controlled firm trades at 45 times its 12-month forward earnings estimates, compared with investor darling Nvidia's 29.66

A global chip glut and Washington’s moves to limit China’s semiconductor industry weighed on SMIC, but the chipmaker shrugged off the revenue drop

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

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

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

The data released by China’s customs department marked a small improvement for the country, which saw an 18.5% decline in chip imports in the first half of the year

The world's biggest maker of memory chips, smartphones and TVs is likely to see a third-quarter earnings plunge, according to forecasters

The extension would mark an end to business uncertainty for South Korea’s Samsung Electronics and SK Hynix who have invested billions in their chip fabs in China

Washington’s ‘Chips and Science’ law will offer huge subsidies for US semiconductor production, research and workforce development

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

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