Experts say there could be major impacts, such as price surges, if Washington limits shipments of US chipmaking equipment to memory chip producers in China

Taiwan is home to the world's biggest semiconductors manufacturer, TSMC, and its shares closed down on Tuesday along with those of chip firms in the US and Germany

TSMC factories would cease to operate if China invaded Taiwan, company chairman Mark Liu warns, reminding Beijing there are "no winners" if a country declares war

The move, if approved, would help protect the only US memory chip producers, Western Digital Corp and Micron Technology Inc

The world’s first and third-largest economies say China’s “coercive and retaliatory economic practices” and the war in Ukraine spurred them to team up

US lawmakers have approved legislation to subsidise its domestic semiconductor industry to help it compete with China and Taiwan

Denso's operating earnings of 63.6 billion yen ($473 million) for the three months to June 30 fell short of an average estimate of 81 billion yen

Its operating profit rose to 14.1 trillion won ($10.8 billion) for the quarter ended June 30 from 12.57 trillion won a year earlier, higher than the company's own estimate of 14 trillion won

The "Chips and Science" act provides about $52 billion in subsidies for US semiconductor production and an investment tax credit for chip plants estimated at $24 billion

Server chips had been the only remaining bright spot in memory chip demand that drove SK Hynix to report a 56% jump in operating profit

The bill provides about $52 billion in subsidies for US semiconductor production as well as an investment tax credit for chip plants estimated to be worth $24 billion

South Korean conglomerate has already committed $7bn to build two new gigafactories in Tennessee and Kentucky in joint venture with Ford