China's anti-monopoly probe into Nvidia comes just two weeks after it said it would support the American chipmaker's efforts ’to take root’ in the country

Beijing said it 'welcomed Nvidia's continued investment in China' and that it will support the chipmaker's efforts 'to continue to take root' in the country

Chinese chipmakers are racing to rival Nvidia on AI chips as increasing export restrictions by US — and its allies — slow the growth of China’s tech industry

The world's top chipmaker faces limits on what chips it can make in the US at a time when the incoming Trump Administration could put increasing production-related demands on it

The move, which will have far-reaching consequences for China’s semiconductor supply chains and tech giants, came after US officials visited Taiwan last week

The Taiwanese firm’s chairman Young Liu said capacity at the Mexico plant would be "very, very enormous"

The world's biggest memory chip, smartphone and TV-maker is estimating an operating profit of $6.78 billion for Q3, versus a $7.6 billion forecast

Chinese chip stocks are riding a broader rally brought on by a stimulus package from Beijing towards the end of September that pumped up beaten-down stocks across the mainland

Huawei has sent out samples of its new Ascend 910C to top Chinese server companies, but issues continue to persist with the chip's predecessor

A rapid explosion in AI-enabled devices, coupled with a range of other factors including climate change, natural disasters and geopolitical tensions, pose significant risks to chip supply chains

The tech leader saw orders for telecom products up 16% in August from a year ago, while electronic products rose 13.2%

The tech-leading island also saw its exports to the United States soar to an unprecedented high of $11.89 billion