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Intel appoints new CEO to compete in AI chip market
Mar 14,2025
Intel has appointed tech industry veteran Lip-Bu Tan as its chief executive, aiming to revitalise the struggling chipmaker as it falls behind in the AI race. Tan, set to take over next week, told employees that overcoming Intel's challenges would not...
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Singapore fraud case involves $390 million in transactions
Mar 13,2025
Singapore prosecutors revealed on Thursday that a fraud case involving local firms accused of illegally supplying US servers to Malaysia involves transactions worth$390 million. Three men-Singaporeans Aaron Woon and Alan Wei, along with Chinese natio...
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Nvidia shares drop after US tariffs announcement
Mar 06,2025
Nvidia's shares plummeted nearly 9% on 3 March following an announcement by US President Donald Trump confirming new tariffs on imports from Canada and Mexico, set to take effect on 4 March. The decline contributed to a broader market downturn, with ...
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Malaysia works with US and Singapore on Nvidia chip probe
Mar 06,2025
Malaysian authorities are investigating whether local laws were breached in the shipment of servers that may have contained advanced AI chips subject to U export controls. The case is linked to a fraud investigation in Singapore, where three men were...
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South Korea launches $34 billion fund for strategic industries
Mar 05,2025
South Korea has announced the creation of a$34 billion policy fund to support companies in key industries such as semiconductors, automotive, and advanced technologies, in response to growing global competition and protectionist policies. The state-r...
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Nvidia and Broadcom test Intel's advanced chip manufacturing
Mar 05,2025
Nvidia and Broadcom are conducting manufacturing tests with Intel's advanced 18A chip-making process, signalling potential confidence in the struggling company's technology. Sources indicate that the tests, though preliminary, could lead to major con...
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UK regulator approves Synopsys' $35 billion Ansys deal
Mar 05,2025
Britain's competition regulator has approved Synopsys'$35 billion acquisition of Ansys after the companies addressed concerns about the potential negative impact on innovation and pricing. In December, the regulator raised alarms that the deal could ...
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Taiwan's TSMC to strengthen US semiconductor supply chain
Mar 05,2025
Taiwanese chip manufacturer TSMC has announced a$100 billion investment in the United States, aiming to build five additional semiconductor facilities. The plan was revealed by TSMC CEO C.C. Wei alongside President Donald Trump at the White House, hi...
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Trump pushes for end to $52 billion semiconductor subsidy
Mar 05,2025
Donald Trump has called for the repeal of the CHIPS and Science Act, a key piece of legislation passed in 2022 to support semiconductor manufacturing in the US. Trump criticised the law during a speech to Congress, describing it as a waste of hundred...
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China moves to promote RISC-V chip use nationwide
Mar 05,2025
,China is set to release new guidance aimed at promoting the use of open-source RISC-V chips nationwide, a move that signals the country's growing efforts to reduce its reliance on Western technology. The policy, which could be unveiled as early as t...
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Taiwan to support TSMC's US expansion
Mar 04,2025
Taiwan has announced its support for TSMC's plans to invest in the US, while also ensuring that the most advanced semiconductor technology remains within the country. The statement, made by the presidential office on Tuesday, reassured that Taiwan wo...
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Intel revises timeline for Ohio semiconductor plants
Mar 04,2025
Intel has announced a significant delay in its planned$28 billion semiconductor manufacturing project in Ohio, pushing the completion of its first factory to 2030. Operations are expected to begin between 2030 and 2031, extending the initial timeline...
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