Two chip-making giants have discussed building huge factory complexes in the United Arab Emirates that could transform the industry in the coming years and become a cornerstone for artificial-intelligence investments in the Middle East.

Qualcomm has in recent days approached Intel to explore a potential acquisition of the troubled chipmaker, a source familiar with the situation said on Friday, in what could be a transformational deal in the sector but faces many hurdles.

Intel has officially qualified for as much as $3.5 billion in federal grants to make semiconductors for the Pentagon, according to people familiar with the matter, after the chipmaker reached a binding agreement with US officials.

Chipmaker Broadcom forecast fourth-quarter revenue slightly below Wall Street expectations on Thursday, hurt by sluggish spending in its broadband segment. Despite a sharp rise in orders for its artificial intelligence chips, shares fell nearly 5% in extended trading.

Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company's board of directors to slice off unnecessary businesses and revamp capital spending, according to a source familiar with the matter, as they try to revive the once-dominant chipmaker's fortunes.

British IP provider Imagination Technologies has raised investment in the form of a $100 million convertible term loan from Fortress Investment Group. Imagination will use the funds to support the development of its technologies for graphics, compute and AI at the edge, as well as fund its ambitious growth objectives.

General Motors said Monday it is laying off more than 1,000 salaried employees at its software and service units worldwide.

SoftBank has blamed Intel for the collapse of the talks, claiming Intel was incapable of meeting its demands for volume and speed, the report said, adding that SoftBank is now focusing on discussions with TSMC.

Dell Technologies is cutting some sales jobs and adding others, as it reorganizes its business for the AI era, to become "leaner" and focused on growth.

Infineon has become another chipmaker to shed a chunk of the workforce to cut costs after reporting shrinking sales.

With the transaction now closed, Altium is now a wholly owned subsidiary of Renesas. Altium CEO Aram Mirkazemi has assumed the role of SVP and head of Renesas' Software & Digitalization. He concurrently serves as CEO of Altium.

Nvidia's upcoming artificial intelligence chips will be delayed due to design flaws, The Information reports, citing two unidentified people who help produce the chip and its server hardware.

It was a selfless decision that put the country's interests before his own - an act of grace that many see as vividly contrasting with the narcissism of his opponent Donald Trump.

Donald Trump's comments that Taiwan hollowed out the American semiconductor industry are incorrect. That misunderstanding could impact the future of one of the world's most important relationships, and end up aiding China at a time it is working hard to push its own tech sector to catch up.

Samsung Electronics' biggest workers' union in South Korea said on Wednesday it will continue a strike indefinitely, stepping up its campaign against the tech giant for better pay and benefits. To boost participation, the union said it plans to hold advertising campaigns at cafeterias inside chipmaking plants producing 8-inch wafers and high bandwidth memory (HBM) chips that are in high demand for use in AI processors.

A research team led by Director Jo Moon-Ho of the Center for Van der Waals Quantum Solids within the Institute for Basic Science (IBS) has implemented a novel method to achieve epitaxial growth of 1D metallic materials with a width of less than 1nm.

The European Union has raised tariffs on Chinese electric vehicles, as Brussels takes action to protect the bloc's motor industry.

The European Commission has begun canvassing the region's semiconductor industry for its views on China's expanded production of older generation computer chips, two sources familiar with the matter told Reuters.

Qualcomm agreed to pay $75 million to resolve a lawsuit in which shareholders accused the chipmaker of defrauding them by hiding its anticompetitive sales and licensing practices.

Advanced Micro Devices (AMD) said on Tuesday it was looking into claims that the company's data was stolen in a hack by a cybercriminal organization.

Levi & Korsinsky, a class action attorneys' firm, is calling Intel investors to join a class action suit against the company. The suit alleges that the semiconductor giant failed to properly disclose losses generated by its manufacturing division in January when it reported its 2023 results.

Japan plans to look into legislation to support the commercial production of advanced semiconductors, a draft of this year's long-term economic policy plan seen by Reuters shows.

MediaTek is developing an Arm-based personal computer chip that will run Microsoft's Windows operating system, according to three people familiar with the matter.

The share-price gap between Taiwan Semiconductor Manufacturing Co. and China's biggest chipmaker is near its widest in almost two decades, highlighting the difficulty Beijing faces in building up its domestic chip industry.

A splintering of global supply chains, driven by both political and business considerations, has hundreds of manufacturers and logistics providers debating where to go next. They'd be well advised to take their cues from two Taiwanese companies who've led the charge.

Russia's current standing in the international community - from economic pariah to massive supplier of fossil fuels - seems perfectly suited to the predicament faced by traditional Chinese automakers. In fact, sanctions against Moscow are likely the single largest driver of vehicle exports from its neighbor since the invasion of Ukraine began more than two years ago.

Some Chinese AI chip companies are now designing less powerful processors to retain access to TSMC production in the face of US sanctions, four people with knowledge of the matter said.

Samsung Electronics' latest high bandwidth memory (HBM) chips have yet to pass Nvidia's, opens new tab tests for use in the US firm's AI processors due to heat and power consumption problems, three people briefed on the issues said.

SK hynix's foundry subsidiary, SK keyfoundry, is set to produce power semiconductors for Tesla electric vehicles starting the second half of this year.

Esperanto Technologies, a provider of high-performance, energy-efficient AI and HPC solutions built on the RISC-V instruction set, has signed a memorandum of understanding (MOU) with Rapidus. The partnership's initial goal is to help future semiconductor designers produce more energy-efficient solutions.

India is known for its semiconductor design expertise, which has been successfully nurtured since the 1980s. However, manufacturing capability and capacity has been limited despite having built a fab as far back as 1983 in the form of Semiconductor Complex Limited (SCL), established by M.J. Zarabi, considered one of the pioneers of the current chip industry in India.

China has launched an anti-dumping probe into imports of a widely used plastic from the US, EU, Taiwan and Japan.

SoftBank Group subsidiary Arm will foray into the development of artificial intelligence chips, seeking to launch the first products next year.

Huawei's latest high-end phone features more Chinese suppliers, including a new flash memory storage chip and an improved chip processor, a teardown analysis showed, pointing to the progress China is making towards technology self-sufficiency.

China passed a law on Friday strengthening its trade defence capabilities as the United States and the European Union take aim at Beijing over excess industrial capacity.

The next generation of Arm's Ethos micro-NPU, Ethos-U85, is designed to support transformer operations, bringing generative AI models to IoT devices.

The company said that demand for its smartphones dropped by more than 10% in the first three months of this year, while overall sales fell in every geographic region except for Europe.

Three months ago, some investors thought the company might be able to drive perhaps $10 billion in full-year revenue for its MI300 AI accelerator line, but management ended up giving a target of more than $3.5 billion. Bernstein analyst Stacy Rasgon wrote last week that "until recently," expectations seemed to be creeping back up near $6 billion, but now investors are worried about possible customer order pushouts.

Unionized workers of Samsung Electronics have voted in favor of a strike after failing to reach a deal on wage hikes with management, according to industry sources. Wage negotiations between management and labor broke down in February after rounds of talks over this year's wage increase.

Consumer prices in the US rose faster than expected last month, in a sign that the fight to slow inflation has stalled.