The package is part of President Yoon Suk Yeol’s pledge to pour all possible resources into winning the "war" in chips

FDI into China has been on a downward trajectory since last year, plunging by double-digit amounts in every month since May 2023

"We can't cut ourselves off and we don't now want China to cut us off, so we have to do this in a systematic way,” a US lawmaker said

The debut gave Zeekr a fully diluted valuation of $6.8 billion, or about half the $13 billion it fetched after a funding round last year

US unemployment claims data stoked optimism around interest rate cuts this year ahead of next week's crucial inflation data

China’s largest contract chipmaker said revenue jumped as both domestic and global customers rebuilt inventories

A teardown of the Pura 70 smartphone suggests Huawei may have only made incremental improvements in its ability to produce an advanced chip with Chinese partners

Before a full FSD rollout, Tesla still needs Chinese approval to collect and transfer data that Tesla's cars need to train its driver-assistance features

The app, Lemon8, is known for its ‘blog-style’ posts and is seen as a platform for photos, rather than videos

The server chip will likely focus on running AI models, also known as inference, rather than in training AI models, where Nvidia is dominant

The electric vehicle-maker's IPO will be the biggest in the United States by a Chinese company in more than two years

The investment mogul said that he became "a little nervous" about AI after seeing a deepfake of his "delivering a message that in no way" came from him