TikTok-parent ByteDance bought more Nvidia chips than any other Chinese firm last year. It may have to look elsewhere now to power its data centres

Taipei could also include support to help Washington build science park infrastructure, drawing on its know-how. Any deal they reach, however, will be under the shadow of growing Chinese aggression

Chinese chip shares had a volatile day on reports that the US was considering giving Nvidia the green-light to sell its H200 artificial intelligence chips to China

Trump is trying to maintain a delicate trade truce with China, a top manufacturer of both semiconductors and devices powered by them

The easing tensions will give some comfort to carmakers running short on Nexperia's chips, but it remains uncertain whether supply chain issues will be solved anytime soon

According to some analysts, the West will still rely on China for 91% of its heavy rare earths needs by 2030, down only slightly from 99% in 2024

China has published its five-year development plan for 2026-2030 and for the first time in 15 years, new energy vehicles are not included in its list of strategic emerging industries

Trump also lavished praise on Japan’s newly-elected PM Sanae Takaichi, the country’s first female leader who, in return, promised to nominate the US President for the Nobel Peace Prize

The US is racing to establish a rare earth supply chain separate from China following Beijing’s increasingly aggressive moves to restrict its exports of rare earths to the country

There are 17 rare earths that are vital materials in products ranging from electric vehicles to aircraft engines and military radars and exports of 12 of them are now restricted

Trump has maintained an aggressive stance with both China and India in his trade and tariff war but both countries are crucial markets for the iPhone-maker

The trade war between US and China is now ensnaring ocean shipping firms that move everything from holiday toys to crude oil