Taiwan inspects four firms suspected of cooperation with China’s Huawei

The Taiwanese government has launched an investigation into four firms suspected of cooperating with the Chinese company Huawei, reports Reuters. According to media reports, several Taiwanese tech companies are helping Huawei build infrastructure for a secret network of chip factories in southern China. The targeted companies include divisions of Topco ... Read more

The US has decided how to prevent China from benefiting from US chip subsidies

The U.S. Department of Commerce has promulgated rules that will prevent the use of subsidies for the production of semiconductors by China and other countries that are considered to pose a threat to U.S. national security, writes Reuters. We are talking about a $39 billion subsidy program. These funds are ... Read more

Arm raises almost $5 billion in the largest IPO of the year

Arm, a British chip design company controlled by SoftBank, raised $4.87 billion in an initial public offering (IPO), writes Axios. The company sold 95.5 million shares at $51 per share. Thus, the British developer was valued at $54.5 billion in the IPO, which is considered the largest this year. As ... Read more

The EU has approved the Chips Act, which will help develop the semiconductor industry in Europe

The European Union approved the Chips Act. This document is designed to improve semiconductor manufacturing capabilities in EU member states, reports Engadget. The act aims to use 43 billion euros ($47.5 billion) of investment to increase the share of chip production in the EU to 20% in 2030. Now this ... Read more

Micron has declared its commitment to China and is investing more than $600 million in a local plant

The American company Micron announced its intention to invest 4.3 billion yuan ($603 million) over the next few years in its chip packaging plant in the Chinese city of Xian. This is reported by Reuters with reference to the manufacturer’s statement posted on WeChat. “This investment project demonstrates Micron’s unwavering ... Read more

AMD’s revenue rose last quarter but the forecast for the current quarter is less optimistic

Not all tech companies were hit by the recession last quarter – chipmaker AMD announced about the increase in income. During this period, the company earned $6.55 billion against $6.53 billion expected. At the same time, in the current quarter, the manufacturer expects income that is lower than expected. According ... Read more

The US is covertly reducing exports of chip-making equipment to China

Washington is increasingly restraining Beijing’s economic ambitions in the chip market. To do this, the US is restricting China’s access to chip-making equipment, reports Bloomberg with reference to two major manufacturers. Previously, Washington banned the sale without a license of equipment that can be used to produce chips of 10 ... Read more

The shortage of microcircuits is decreasing. This is noted by global manufacturers

Executives of Hyundai, Electrolux, and other global manufacturers said they are seeing a reduction in the shortage of microcircuits. This is good news for all the tech companies that have been competing for chips for a long time. This is reported by Reuters. Hyundai had its best quarterly profit in ... Read more