Chinese carmakers are turning to Nvidia for advanced technology in an effort to compensate for what they currently lack in global brand recognition

Dozens of South Korean companies have left China in recent years for reasons ranging from bilateral strains, geopolitical rivalry, plus China's economic slowdown and push for self-sufficiency

The US has reportedly been pressing Seoul, since the second-half of 2023, to implement export curbs targeting chip supplies to China

Raimondo, on a tour to push investment in states in the Indo-Pacific Economic Framework, says the US is looking to diversify sources of chip production

Advanced Micro Devices applied for a licence to sell similar laptop chips after Biden took office but never received a response, it says

While pledging billion-dollar investments in Manila, Raimondo said the US was constantly looking at ways to expand chip curbs against China and restrict its tech progress

Thanks to artificial intelligence tools like ChatGPT, Nvidia’s valuation has rocketed from $1 trillion to more than $2 trillion in just nine months

China is facing an acute lack of skilled talent, particularly in AI and big data -- segments in which the country's job market has seen a good start this year

‘Document 79’ has only been seen by Beijing’s highest-ranking officials and is said to require state-owned operations to get rid of foreign software by 2027

Washington is also pushing the Netherlands to stop ASML from maintaining and servicing equipment it sold to China before the Dutch chip export curbs came into effect

The employee, a Chinese national, stole details about chips and software that helps power a supercomputer "capable of executing at the cutting edge of machine learning and AI technology"

Exports for January-February were up 7.1%, while imports also rose by 3.5%, but analysts said the figures stemmed from the low trade data in the same months in 2023