Supplies of advanced tech to Moscow, desperate to sidestep US and EU sanctions, fell this year but China, Hong Kong remain important transshipment hubs
 
							Google and Microsoft both offer server rental services outside of China, raising security concerns for Biden’s administration
 
							The challenge spells trouble for China’s furiously expanding AI industry — which remains cut off from cutting-edge chips due to US sanctions
 
							TSMC is currently prohibited from producing advanced processors for China, as it uses American chipmaking tools, and hence falls under the purview of recent sanctions
 
							The server chip will likely focus on running AI models, also known as inference, rather than in training AI models, where Nvidia is dominant
 
							Raimondo’s views come at a time when Huawei's revelation of a new AI-enabled laptop, powered by Intel's new Core Ultra 9 chip, has angered China hardliners in the US
 
							The news comes after the US outfit came under fire at the weekend after it emerged Huawei’s new high-end laptop was powered by Intel AI chips
 
							Revenue for the first quarter of 2024 was $18.54 billion, up from $16.72 billion in the same three months last year
 
							Seoul is desperate to retain its world-leading role in semiconductors as AI takes chip development on to the next level
 
							The US memory chip giant has partnered with local telco firm Indosat as it looks to expand in the key region
 
							The Joe Biden Administration is taking pains to strengthen its existing chips restrictions on China by making it easier for US firms to comply with restrictions
 
							The team presented the groundbreaking chips at the biggest integrated circuit industry event of the year