"It takes huge amounts of pre-emptive investment to be a chipmaker, and it takes five years, 10 years to break even on those investments, so putting predictability into jeopardy makes investments difficult," an analyst said

Shares of local and Asian chipmakers rose after China's cyberspace regulator said that Micron, the biggest US memory chipmaker, had failed its network security review

G7 states want to limit 'risk exposure' to China but would still invest in supply supply chains there, German Chancellor Olaf Scholz said on Sunday; Quad leaders also met in Hiroshima

The G7 joint statement is not hostile and nothing in it should come as a surprise to China, given the concerns of G7 members are "well known" to Beijing, a US official said

Wang Wentao is expected to meet his counterpart Gina Raimondo before travelling to Detroit for a meeting of APEC trade ministers and talks with US Trade Rep Katherine Tai

The development comes at a time when the US is increasingly urging its allies to work together to counter China's chips and advanced technology development

A $2.6 billion share sale, if approved by China’s securities watchdog, would follow a capital raising rush by Chinese chipmakers in the face of US sanctions

The move by Buffett’s Berkshire Hathaway was revealed in 13-F filings, which showed several other big funds had poured in millions in the Taiwanese chipmaker

Data on industrial output and retail sales in April was well under forecasts, while youth unemployment hit a record 20.4%, suggesting China needs to do more to bolster its recovery

Samsung’s Jay Y. Lee and Tesla’s CEO Elon Musk’s meeting was the first between the heads of the South Korean chip giant and the US electric-vehicle maker

Washington and Brussels also plan to coordinate export controls on semiconductors when the EU-US Trade and Technology Council meets

Defence minister Chiu Kuo-Cheng says Taiwan would not tolerate the destruction of TSMC's facilities to deter an attack by China, as some US strategists have suggested