Chinese state media says the development could lead to “overwhelmingly unfavourable consequences” for Taiwan and global chip supply chains

Researchers say the TikTok owner's planned spending on computing power 'will drive progress' in China’s artificial intelligence industry

Chinese firms have stepped up their purchases of materials needed to make chips and electronics from US suppliers ahead of the new year

“The only way to beat China is to stay ahead of them," US Commerce Secretary Gina Raimondo said in an interview

Nvidia has asked its big distributors, including Super Micro and Dell, to conduct spot checks of their customers in Southeast Asia

Shares of the company— Advanced Micro-Fabrication Equipment (AMEC) — jumped 4.35% after its removal from the list

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

TSMC was a key supplier for China's Huawei until 2020 when Washington introduced new rules that barred the firm from continuing to do so