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

US Commerce Secretary warns chip sector that Washington is set to “transform” its approach to export controls to stop firms like Nvidia from innovating specifically for the Chinese market

A bill requiring US companies to notify federal agencies of investment in Chinese technologies is opposed by a key lawmaker who believes Washington needs to invest more in its rival

News of the delay follows analysts concerns around Nvidia’s plan to introduce three new chips for China, as developing new chips can be highly resource-intensive

While the Chinese president’s US visit didn't do much to ease the weight of Washington's chip sanctions on the world's second-largest economy, it did manage to score several brownie points

Tencent is the second large Chinese technology company to look for domestic alternatives to Nvidia amid tightening US sanctions

Huawei saw its sales surge 83% in the first four weeks of October, according to data from Hong Kong-based research firm Counterpoint

For US businesses, the dinner will particularly be a chance to hear directly from the leader of the world’s second-biggest economy as they search for ways to navigate its economic slowdown

The financing pledge came on the same day as China’s CHEC announced plans to invest $1.56 billion in a port city project near Colombo

The world’s second-largest economy will account for more than 80% of the global solar manufacturing capacity through to 2026, according to a new report

The three, along with 26 other other signatories signed the "Bletchley Declaration" at the AI Safety Summit in Britain on Wednesday

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