US finalizes up to $6.6 bn funding for chip giant TSMC Washington (AFP) Nov 15, 2024 The United States will award Taiwanese chip giant TSMC up to $6.6 billion in direct funding to help build several plants on US soil, officials said Friday, finalizing the deal before Donald Trump's administration enters the White House. ... more
China's top chipmaker reports surge in profits Beijing (AFP) Nov 7, 2024 China's leading chipmaker SMIC announced Thursday a sharp rise in profits over the same period last year, despite a simmering rivalry between Beijing and Washington over vital technologies. ... more