Samsung Electronics reported Q2 2026 operating profit of 89.4 trillion won ($59 billion), up 1,810% year-over-year, yet its shares fell nearly 7% as a Chinese lithography breakthrough, a hawkish Feder…
ASML shares fell more than 8% on Monday after a report that a state-backed Chinese company in Shanghai has begun mass-producing its own immersion deep ultraviolet (DUV) lithography machines, threateni…
A state-backed Shanghai company has begun mass-producing China's first homegrown immersion DUV lithography machines, with about five units expected this year for SMIC, Hua Hong, and CXMT, and roughly …
Shares of ChangXin Memory Technologies (CXMT), China's leading DRAM maker, surged 472% on their Shanghai Star Market debut, giving the company a market capitalization of 3.31 trillion yuan (US$489 bil…
ChangXin Memory Technologies (CXMT) raised 57.9 billion yuan ($8.6 billion) in its Shanghai STAR Market debut on July 27, becoming Asia's largest IPO of 2026 and the biggest listing in STAR Market his…
Asian stock markets fell on Tuesday amid AI-driven sell-offs, with South Korea's Kospi index dropping over 3% after plunging more than 5% to its lowest since April, down over 30% from its June peak. S…
Chinese President Xi Jinping will deliver the keynote address at the 2026 World Artificial Intelligence Conference in Shanghai this July, marking the first time China's top leader has personally appea…
Chinese President Xi Jinping will deliver the keynote at the 2026 World Artificial Intelligence Conference in Shanghai from 17 to 20 July, marking the first time China's leader has appeared at the cou…
Chinese AI startup DeepSeek is developing its own inference chip to reduce reliance on NVIDIA and Huawei, according to Reuters. The move aims to cut API costs and stabilize supply amid export restrict…
Japan-backed Rapidus aims to mass-produce 2 nm chips by 2027 at lower prices than TSMC, but TSMC's dominant market share, customer relationships, and manufacturing scale make it difficult for challeng…
Nexchip Semiconductor Corp raised $890 million in a Hong Kong IPO priced at the top of its range, trading at a 57% discount to its Shanghai-listed stock. The state-backed foundry, which makes mature-n…
DeepSeek is designing its own AI inference chip, targeting the phase where trained models generate responses, with manufacturing partner SMIC under US export controls. The chip leverages DeepSeek's Mi…
Chinese AI startup Deepseek is developing its own AI chips to reduce reliance on Nvidia and Huawei, boosting Hong Kong stocks. The Hang Seng Index rose nearly 3% and the Hang Seng Tech Index surged up…
Top 10 foundries saw 3.7% QoQ revenue growth in Q1 2026, driven by AI and consumer electronics, according to TrendForce. TSMC's market share grows on advanced AI chips, while SMIC gains from consumer …
Huawei announced a chip design framework called LogicFolding and a theoretical scaling principle, projecting transistor density equivalent to 1.4-nanometer processes by 2031 despite US export controls…
Floating data centers, ceramic components, and memory shortages are emerging as the next bottlenecks in the AI supply chain, expanding the industry's infrastructure beyond traditional land-based facil…