The high valuations for the sector in Asia are partly linked to data centre operators adding more capacity and the nascent nature of the business in the region

Data centres are requiring increasing amounts of energy, creating challenges for firms like Amazon, which has committed to have net-zero carbon emissions by 2040

China's chip equipment and toolmakers will be targeted by a new set of export restrictions set to be imposed by the Biden Administration, sources say

The case has drawn widespread attention in China due to its focus on AI LLM training and in light of the country's race to develop the technology

Beijing said it 'welcomed Nvidia's continued investment in China' and that it will support the chipmaker's efforts 'to continue to take root' in the country

The Chinese tech giant's latest smartphone series, Mate 70, is equipped with a homegrown 5G chip and its own operating system HarmonyOS Next

Officials in Beijing have moved to rein in tech giants like Tencent, Alibaba, Meituan and Bytedance, by ordering them to fix algorithms used on their apps and websites

Chinese chipmakers are racing to rival Nvidia on AI chips as increasing export restrictions by US — and its allies — slow the growth of China’s tech industry

The president-elect has said he will nominate Wall Street CEO Howard Lutnick to lead his trade and tariff strategy. Lutnick is a big proponent of tariffs, especially aimed at China

President Xi said he would work with Trump team as he held final talks with Biden on conflicts, AI, cyber crime, trade, Taiwan, the South China Sea and Russia

Commerce Dept finalises subsidy for its plant in Arizona; deals with Samsung, Intel and Micron to follow before Trump returns to White House

Every business headed by Musk, including Tesla, SpaceX, Neuralink, social media platform X and artificial intelligence startup xAI has intersections with the federal US government