China to restrict exports of chipmaking materials as US mulls new curbs
BEIJING (Reuters) – China will control exports of some metals widely used in the semiconductor industry, its commerce ministry announced on Monday, the latest salvo in an escalating war over access to…
Tensions with U.S. spur Chinese buying of chipmaking stocks
SHANGHAI – Chinese chipmakers’ shares jumped by the most in two years this week as House of Representatives Speaker Nancy Pelosi’s visit to Taiwan heightened tensions with the U.S., driving patriotic bets…
U.S. commerce secretary presses lawmakers to greenlight $52 billion for chipmaking
WASHINGTON – U.S. Commerce Department Secretary Gina Raimondo on Monday stepped up pressure on Congress to approve $52 billion in funding for chipmakers to expand operations, warning that firms would abandon American…
Intel expands in specialty chipmaking with $5.4 billion deal for Israel’s Tower
By Steven Scheer JERUSALEM -Intel Corp is buying Israeli chipmaker Tower Semiconductor for $5.4 billion, the companies said on Tuesday, giving it access to more specialised production as it positions to take…
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