Chinese tech firms want to stockpile TSMC chips and are offering a big mark-up because of "uncertainties arising from the upcoming US presidential election and its impact on US-China relations"

US Treasury Secretary said in May that India and China were hindering a global deal on an alternative transfer-pricing mechanism in the Pillar 1 agreement; G20 finance minister talks are now continuing in Rio

The chipmaker — now the world’s most valuable company — is planning to develop processors from its new 'Blackwell' chip series and sell them in China

TSMC's shares had been on a roll until US Republican presidential candidate Donald Trump accused Taiwan of stealing American chip business and asked the island to 'pay for its defence'

The United States has reportedly told allies it is considering using the most severe trade curbs available if companies continue giving China access to advanced chip tech

Chinese chipmakers have escalated their purchases of ASML's machines used to make older generations of chips widely used in cars and smartphones

Shares of TSMC fell on Wednesday after remarks by US presidential candidate Donald Trump that Taiwan should pay the US for its defence

Worry about AI hallucinations reached their peak in May this year after Google rolled-out its much-anticipated chatbot Gemini — which soon gained notoriety for ridiculous outputs

TSMC, which is the world's largest contract chipmaker, has been one of the top beneficiaries of soaring demand for AI-capable chips

CEO of Europe's top chip-equipment maker says the auto industry needs a lot more chips that are made using simpler, long-known technologies

Samsung enjoyed a more than 15-fold rise in second-quarter operating profit, as chip prices rebounded thanks to the AI boom, but the group opposes unions and the strike may have little impact

Among the top applicants for GenAI patents were China's ByteDance - which owns video app TikTok - and e-commerce giant Alibaba Group