US regulators said Silicon Valley Bank depositors would be fully repaid as they acted to shore up the banking system after the lender's implosion, unveiling emergency funding measures and closing down a second financial institution.

Suppliers to Dutch chip-making machines giant ASML Holding are considering building plants in Southeast Asia instead of China amid political tensions between Beijing and the West, according to two sources and documents seen by Reuters.

Nvidia, Advanced Micro Devices (AMD) and other tech firms are scrambling to assess whether they must halt sales to units of China's Inspur Group after its addition to a US export blacklist last week.

Chinese artificial intelligence groups are skirting export controls to access high-end US chips through intermediaries, revealing potential loopholes in Washington's blockade of cutting-edge technology to the country.

Scott White, of Pragmatic Semiconductor, said without a huge funding boost UK firms will go abroad.

Lin Jun-cheng, a veteran engineer who worked for TSMC for nearly 19 years, has been hired by Samsung as a vice president.

Chinese automotive chipmaker SiEngine Technology this week said it completed a 500 million yuan ($72.5 million) Series A+ funding round in the fourth quarter of last year. The round, whose participants included Teda Venture Capital, Haier Capital, SPDB International Holdings, Wuhan S&T Investment Company and Tongxi Capital, will help boost chip output among other uses. Existing shareholders Grandsyn Capital, Yuexiu Fund and Vision Knight Capital also took part in the funding.

The National Integrated Circuit Industry Investment Fund will commit CNY12.9 billion towards Yangtze Memory Technologies, according to a government website that discloses company registration information. The capital infusion from the Big Fund, as Beijing's signature investment vehicle is commonly known, was slated for completion on Januar 31, according to Tianyancha.

Tesla's leadership said Wednesday at an investor event held at the company's factory near the Texan capital that while silicon carbide transistors are key components, "we've figured out a way to use 75% less without compromising the performance or the efficiency of the car."

The Commerce Department on Tuesday kicked off the application process for semiconductor manufacturing subsidies under the $53 billion Chips Act, along with conditions aimed at advancing some of the Biden administration's priorities.

Intel CEO Pat Gelsinger sees the first signs of a turnaround in the company's business during his nearly two years at the helm of the top US chipmaker, he said yesterday. Analysts contacted by EE Times were less optimistic.

TSMC plans to construct a second chip plant in Japan to manufacture 5- and 10-nanometre chips from the second half of the decade, the Nikkan Kogyo newspaper reported on Friday.

Since the beginning of this year, Samsung Electronics and SK Hynix have been receiving a surge in orders for high bandwidth memories (HBM).

Apple has a moonshot-style project underway that dates back to the Steve Jobs era: noninvasive and continuous blood glucose monitoring.

Employee doubts are rising about TSMC's US$40 billion investment in an Arizona factory.

Forrester Research analyst Rowan Curran told MarketWatch that ChatGPT is an "iPhone moment for AI," citing Apple's reinvention of consumer electronics in 2007.

US curbs on China's access to advanced technology are killing its viability as a manufacturing base for exports, according to the head of Japan's Kyocera, as one of the world's largest makers of chip components shifts its production elsewhere and invests heavily in facilities at home.

Major computer chip equipment maker ASML says a former employee in China stole information about its technology.

Google has reached a key milestone in designing server processors aimed at reducing the cost of operating its data centers and keeping up with cloud business rival Amazon, according to one person with direct knowledge of the project and one person who was briefed about it. The progress means Google could start using the new chips by 2025, one of these people said.

While chip sales reached the highest-ever annual total in 2022, the slowdown in the second half of the year substantially limited growth. A deeper dive into the year-end data reveals how this pattern is consistent with the semiconductor industry's predictable cycle and why the current short-term downturn does not change the reality that long-term growth prospects for this foundational technology remain very promising.

Advanced Micro Devices has captured nearly a third of the market for central processor units while British chip technology firm Arm's rise in the PC market slowed in the fourth quarter of 2022, according to an analyst report.

It's hard to feel sorry for Silicon Valley tech workers. From high salaries and generous stock options to nap pods and unlimited time off, they're among the most privileged class of employees in the world. Conversely, there's no denying that these pampered staffers engineered a technology revolution that's brought untold economic and social value to the entire planet.

The Japanese government is drawing up plans to impose export restrictions on advanced semiconductor-making machines, Kyodo News reported. The move reflects a US-led deal with Japan and the Netherlands to limit the development of China's advanced semiconductor industry.

Also, Tan said he was considering Intel as a potential new foundry partner, as an alternative to its main supplier, Taiwan-based TSMC.

Texas Instruments suffered its first sales decline since 2020 and gave a tepid forecast for the current quarter, hit by an industry slump.

Hesai Technology, a Chinese developer of sensor technologies used in self-driving cars, is planning to file for an initial public offering in the US that could raise about US$150 million, according to people familiar with the matter.

South Korea and Taiwan will still be key semiconductor hubs in years to come, even as pressure to diversify supply chains leads to new competition from places like the US and Germany, according to John Lee, president and CEO of MKS Instruments.

Intel reported a fourth-quarter loss, hurt by a souring market for its chips and growing competition from rivals, as it also issued a gloomy outlook for the current quarter.

According to the agreement, Resonac will supply Infineon with SiC materials for the production of SiC semiconductors, covering a double-digit share of the forecasted demand for the next decade.

The United States and European Union on Friday announced an agreement to speed up and enhance the use of artificial intelligence to improve agriculture, healthcare, emergency response, climate forecasting and the electric grid.

China's top nuclear-weapons research institute has bought sophisticated US computer chips at least a dozen times in the past two and a half years, circumventing decades-old American export restrictions meant to curb such sales.

The fight for dominance in the semiconductor sector is reshaping the global economy.

Texas Instruments forecast first-quarter revenue and profit largely below Wall Street targets on Tuesday, as an economic downturn threatens to shackle demand from the chipmaker's so far resilient markets.

Taiwan's exports of integrated circuit chips rose in 2022 for a seventh consecutive year, further solidifying the economy's leadership status in a global semiconductor industry that has been roiled by US-China tensions and diversifying supply chains.

Western Digital has restarted talks with Japan's Kioxia in a deal that could unite two technology storage providers, according to people familiar with the matter.

Absolics, a subsidiary of SKC, broke ground in November on a planned $600 million investment in Covington, Ga., for a new manufacturing facility that will supply advanced materials to the US semiconductor industry.

China's abrupt reversal of its Covid Zero policy pushed economic activity - its service sector in particular - to the slowest pace since February 2020, as the virus swept through major cities and prompted people to stay home and businesses to shut.

The company's move is in sharp contrast to those of its rivals such as TSMC, Intel, Micron Technology, and SK Hynix, which all declared a reduction of their investments.

South Korea's LG Group, whose businesses span consumer electronics companies to an electric vehicle battery maker, would make a good partner for Apple as the US tech giant endeavors to make a clean, smart car of its own, an analyst at KB Securities wrote in a note Friday.

China's largest chip maker SMIC is ramping up production of a decade-old chip technology, key to many industries' supply chains, setting off alarm bells in the United States and prompting some lawmakers to try to stop them.