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Keywords: Semiconductor industry
U.S. President Donald Trump has called for the immediate resignation of Intel CEO Lip-Bu Tan, labeling him "highly conflicted" due to his extensive ties to Chinese firms. The demand raises questions about Intel's leadership as the company navigates a strategic overhaul amidst mounting challenges. Allegations......
South Korea has increased its semiconductor industry support package to 33 trillion won (approximately $23.25 billion), marking a 25% rise from the 26 trillion won announced last year. This move aims to bolster the nation's strategic chip sector amid growing uncertainties surrounding U.S. trade policies......
In the rapidly evolving landscape of generative artificial intelligence (AI), China’s tech giant Huawei is making strategic moves to position itself as a key player in the semiconductor industry. With U.S. restrictions limiting access to advanced AI chips, Huawei has crafted an ambitious plan to......
Samsung Electronics has secured $4.74 billion in funding from the U.S. Department of Commerce to establish semiconductor manufacturing facilities in Texas. The South Korean tech manufacturer plans to construct two new plants in Taylor, Texas, with additional investments planned for its existing Austin......
Global semiconductor stocks experienced a significant downturn on Wednesday, following a steep decline in Nvidia’s share price in the U.S. overnight. The plunge in Nvidia’s stock value, amounting to a staggering $279 billion, marked the largest one-day market capitalization drop for a U.S.......