Latest: Fintech News

China led the funding of chip startups in 2023 by a wide margin over the US, with local startups receiving 75% of all venture-capital funds in firms doing chip design, making chips or chip equipment

US security officials say they recently disabled a pervasive Chinese hacking operation that compromised thousands of internet devices in critical infrastructure in the Pacific and other areas

US firm that makes chip testing equipment pulled gear worth $1 billion out of China last year after deciding it was 'too risky' to stay amid supply chain and other issues

China is pushing to become a world leader in the field of AI by 2030 but wants to keep the game-changing technology under its purview and control

Custom officials say integrated circuit chips, classed as strategic items and worth $11.6 million, were funneled to mainland via a South Korean company; firm's executives now face prosecution

The machines are aimed at disrupting the most expensive step in the chipmaking process, by “stamping” chip designs on to silicon wafers instead of etching them using ultraviolet light

The US is pushing to require its cloud firms to verify the identity of foreign entities who sign up for their services, through a "know-your-customer" program