The move comes as Japan works to revitalise its chip industry, and the European Union looks to reduce its dependence on China-dominated supply chains

Yellen is expected to discuss cooperation on climate change and global debt distress, plus concerns about China's anti-espionage law in talks with senior finance officials in Beijing this week

The rules, set to come into effect on September 1, will require Dutch companies that make advanced chipmaking equipment to seek a licence before they can export it

The new Arizona chip factory is due to be up and running by next year and a second fab making the most advanced chips set to start production in 2026

Fresh export control rules being considered by the US will prohibit Nvidia from selling to China even those chips it specifically designed to meet earlier limits

Shares of top chip designer Nvidia, plus AMD and other chipmakers have fallen after a report that the US may impose tougher curbs on exports of artificial intelligence chips to China

The Reserve Bank of India said the country's current account deficit stood at $1.3 billion or 0.2% of GDP in January to March, the fourth quarter of 2022/23 fiscal year

Prosecutors say 65-year-old Choi Jinseog, once hailed as a star in Korea's chip industry, tapped Samsung’s supplier network to steal information on factory layouts, cleanroom management

Prosecutors allege that Choi Jin-seok’s staff stole data from Samsung’s Hwaseong plant in Korea so they could build a plant in China

A government fund will buy JSR for $6.4bn in the latest move to boost the country’s chip industry which has also seen deals with TSMC and Samsung

The Global Times quoted Chinese experts saying claims that the "short-lived revolt" by Wagner mercenary chief Prigozhin eroded Putin's power were "wishful thinking" by the West

US chip toolmaker Applied Materials will invest $400 million over four years in a new engineering centre in India