Trump is expected to announce the takeover of TikTok in the US this week, with confirmation that the app's algorithm is "secured, retrained and operated in the US"

The move is seen as bad news for rival firms in the long term, but analysts say it could take pressure off TSMC and ease US scrutiny on foreign chipmakers

China and the US 'have larger agendas to work out,' Nvidia chief says after China's cyberspace regulator bans local firms from buying its AI chips

Chinese shareholders' stake will be cut to below 20%, while Andreessen, Silver Lake and Oracle look set to be key players in the new firm running TikTok in the US

The takeover of app's operations in the US will take 30 to 45 days, but Oracle will retain its role managing the collection of TikTok's data and software updates, CNBC has said

The RTX6000D is being seen as expensive for what it does, especially as its performance lags compared to better Nvidia chips available in China's grey markets

Analysts said China's latest moves — particularly against Nvidia — were likely timed to give Beijing greater clout in trade talks with US officials, but they ended on Monday.

Toyota Motor plans to start making two battery-powered sport utility vehicles at its US factory in Kentucky, a person with knowledge of the plan has revealed

Top firms like Alibaba and ByteDance are not only seeking reassurances from Nvidia about their orders for the H20 chips but are also keen to get hold of the chipmaker's new six-times-more-powerful B30A chip

Allies close to a contract that will lower car tariffs to 15%, while expanding US rice imports and purchases of US-made aircraft, source says

Head of the Financial Action Task Force says countries around the world must eliminate the problem of shell companies - or face greater monitoring. Countries in SE Asia seen as likely targets.

The Donald Trump administration is revoking Biden-era waivers granted to TSMC and South Korean chipmakers to ship critical supplies to their Chinese fabs — a move that some say is a ‘gift’ to Beijing