Huawei Technologies has replaced more than 13 000 parts in its products that were hit by US trade sanctions.
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Efforts to shore up the banking sector and bets that the US may start cutting interest rates later this year have bolstered investor sentiment.
Britain is banning TikTok on government phones with immediate effect over security concerns.
However, Morris Chang has warned that a reversal of globalisation would increase prices and reduce the ubiquity of chips that power the modern world.
The Biden administration has demanded that TikTok’s Chinese owners divest their stakes in the popular video app, the company said.
Samsung Electronics expects to invest $230-billion over the next 20 years to develop the world’s largest chip-making base.
OpenAI, creator of chatbot sensation ChatGPT, is beginning to roll out a powerful artificial intelligence model known as GPT-4.
Meta Platforms has become the first Big Tech company to announce a second round of mass layoffs as the industry braces for a deep economic downturn.
Volkswagen plans to invest €180-billion over the next five years, with spending on combustion engines to decline from 2025.
While the global effects of Silicon Valley Bank’s collapse are just emerging, one thing is clear: tech startups, no matter how far apart, are intertwined.