Explaining its breakup with Vedanta, Foxconn said "there was recognition from both sides that the project was not moving fast enough"

The US sanctions-hit tech giant said it aims to help clients build and train their artificial intelligence (AI) models with its homegrown processors and framework

The South Korean tech giant estimated its Q2 operating profit fell to $459 million, the lowest for any quarter since the first half of 2009

The restriction is aimed at closing a crucial loophole in the export controls the US implemented in October that allowed Chinese AI firms to access high-end chips through the cloud

The island's foreign minister said his government would not block investment in Europe, but the continent needed to "consider a broader picture" and think on Taiwan's 'situation'

"The process of diversifying in different geographies is an excellent strategy by TSMC and so TSMC is now part of Nvidia's diversity and redundancy strategy," chief Jensen Huang said

Taiwan smartphone chip maker MediaTek said it will be using Arm's new technology for its next-generation smartphones

Commerce Secretary Gina Raimondo said the US "firmly opposes" the ban and that it is working closely with allies to address such "coercion"

South Korea is in the crosshairs of a tit-for-tat row between China and the United States over semiconductors

"It takes huge amounts of pre-emptive investment to be a chipmaker, and it takes five years, 10 years to break even on those investments, so putting predictability into jeopardy makes investments difficult," an analyst said

"This export restriction is noticeable, but it's not quite as devastating as it could have been," one expert said

Analysts say Samsung’s chip division likely reported quarterly losses of more than $2.3 billion due to falling memory chip prices and lower inventory values