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15 Apr US grants Samsung up to US$6.4 billion in funding to produce advanced chips in Texas

Posted at 13:20h in Asia

“The US Department of Commerce and Samsung Electronics have signed a non-binding preliminary memorandum of terms to provide up to $6.4 billion in direct funding under the Chips and Science Act,” said a statement published by the Commerce Department.A general view of Samsung Electronics’ semiconductor...

07 Apr Who’s the new Nvidia? Wall Street hunts for next wave of AI winners beyond the US

Posted at 15:20h in Asia

At a time when the global euphoria about AI has propelled a three-fold surge in Nvidia’s stock, investors are pointing toward emerging markets for better value and a bigger pool of options. Source link ...

Shanghai planning US$13.8 billion fund of funds in pursuit of ‘several world-class industry clusters’, with eye on AI, biotech and semiconductors

29 Mar Shanghai planning US$13.8 billion fund of funds in pursuit of ‘several world-class industry clusters’, with eye on AI, biotech and semiconductors

Posted at 10:01h in Asia

The fund will underpin promising start-ups in the fields of artificial intelligence, biotechnology and semiconductors, and is expected to attract more technology firms to Shanghai, the municipal government said in a statement on Friday.The local state-owned assets watchdog will be responsible for the fund’s establishment...

21 Mar US memory chip maker Micron soars after AI growth boosts revenue forecast

Posted at 07:28h in Asia

Micron Technology, the largest US maker of memory chips, jumped in late trading after giving a surprisingly strong revenue forecast for the current quarter, buoyed by demand for artificial intelligence (AI) hardware.Revenue for its financial third quarter will be US$6.4 billion to US$6.8 billion, Micron...

20 Mar Tech war: US said to weigh sanctions against Huawei’s secretive Chinese semiconductor supply network

Posted at 09:05h in Asia

No final decisions have been made, the people said. Bloomberg News first reported about SIA’s presentation in 2023. 27:21Biden’s China tech policy goal: a 10 year handicapBiden’s China tech policy goal: a 10 year handicapSuch a move by the US government would mark another escalation in...

03 Mar Tech war: Huawei’s AI chip capabilities under intense scrutiny after market leader Nvidia taps it as potential rival

Posted at 04:00h in Asia

The Ascend 910B is believed to succeed the Ascend 910, which was released by Huawei in August 2019, three months after it was put on a trade blacklist by the US Commerce Department. The chip can compete with Nvidia’s A100 in terms of powering AI...

25 Feb Opinion | Why chipmakers’ stock surge is no guarantee of AI revolution’s future

Posted at 12:15h in Asia

Some of the controversies are easier to manage. The machine learning driven by generative AI has already shown its value in speedy and reliable early indication of diseases, for example. We are at the earliest stages of discovering how these new technologies can enhance productivity...

24 Feb OpenAI’s Sora pours ‘cold water’ on China’s AI dreams, as text-to-video advancements prompt more soul-searching

Posted at 00:00h in Asia

Zhou Hongyi, the founder of Chinese internet security firm 360 Security Technology, which has joined China’s race to launch its own ChatGPT-style large language model, said the introduction of Sora was like a “barrel of cold water poured down China’s head”, Chinese media Yicai reported...

06 Feb Semiconductor manufacturing giant TSMC pushes development of second chip plant in Japan with new investor Toyota

Posted at 13:53h in Asia

TSMC, the world’s largest contract chip maker, said that Toyota Motor Corp will be joining as a new investor of Japan Advanced Semiconductor Manufacturing (JASM), the Taiwanese firm’s majority-owned manufacturing subsidiary in Kumamoto Prefecture on the southwestern island of Kyushu.The TSMC board on Tuesday...

30 Jan China urges breakthroughs in GPUs, robotics, quantum computing and brain interfaces to drive ‘future industries’

Posted at 01:00h in Asia

Chinese authorities have reiterated the need for technological breakthroughs in a range of hi-tech areas, including graphics processing units (GPUs), quantum computing, humanoid robots and brain-computer interfaces, in Beijing’s latest effort to seek control of “the industries of the future”.A document issued on Monday by...

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