Local governments in Shanghai and Anhui will fund a variety of semiconductor-related projects this year — ranging from the development of DRAM chips to building facilities for chipmaking and its tools

ASML tools are used to make advanced semiconductors that can go into "high-value weapons systems and weapons of mass destruction,” a top Dutch official said

The deal comes at a time when OpenAI chief Sam Altman is seeking between $5-7 trillion for an AI chip venture in a bid to bolster global chipmaking capacity

US-listed shares of the chip designer, seen as benefitting from investors' hunt for the "next Nvidia", have surged more than 95% in just the last seven trading sessions alone

"If you just assume that computers never get any faster, you might come to the conclusion we need 14 different planets and three different galaxies and you know four more Suns to fuel all this."

The Nikkei benchmark rose to a 34-year high, while TSMC and other chip-related stocks helped most Asian markets higher on Thursday

Government data released on Thursday showed that GDP fell by an annualised 0.4% in the October-December period after a 3.3% slump in the previous quarter

The largest supplier of equipment to computer chip makers said new competitors with 'substantial financial resources' and 'the ambition of self-sufficiency' were a business risk

European MPs plan to sanction three Chinese companies, plus businesses in India, Hong Kong and other countries in a bid to curb the supply of parts used in weapons and drones in Russia's war on Ukraine

All countries should have their own AI infrastructure to reap the economic potential of artificial intelligence, and protect their culture, CEO Jensen Huang said

OpenAI chief's talks with leading investors and chipmakers to create a greater supply of AI chips could cost trillions of dollars, a new report says

Tower is seeking state incentives for its plan to build a $8-billion chip plant that would make 65 nanometre and 40 nanometre chips, a new report says