The US is playing a game of 'catch-me-if-you-can' with Nvidia and other chipmakers that will hurt both countries, the companies involved and only spur more innovation in China, Global Times says

A global chip glut and Washington’s moves to limit China’s semiconductor industry weighed on SMIC, but the chipmaker shrugged off the revenue drop

Chinese customers are reportedly stockpiling chipmaking kit made by Dutch firm ASML before new restrictions come into force in 2024

Tokyo has been offering significant subsidies to domestic and foreign chipmakers to rebuild its semiconductor industry

The technology investment group is now pinning its hopes on chip designer Arm to turn its fortunes around after ‘hitting the bottom’

South Korean conglomerate says its new AI technology, Samsung Gauss, is a generative language model that can help compose emails, translate content and perform various other tasks

STAR Market Daily news outlet said the new chips are called the HGX H20, L20 PCIe and L2 PCIe and that Nvidia could announce them from late next week

The US tech giant didn’t reveal why it had shelved its plan but had previously raised concerns about stable power supplies and Hanoi bureaucracy

Chinese tech firms have historically relied on sector leader Nvidia but Washington’s tech curbs have prompted a shift away from the US firm

The foray by Ant into financial AI is notable as the company founded by billionaire Jack Ma is China's biggest fintech firm

China is changing its approach to AI amid a slowdown and debt crisis in its real estate sector — which has accounted for nearly a quarter of the country’s economic output

The three, along with 26 other other signatories signed the "Bletchley Declaration" at the AI Safety Summit in Britain on Wednesday