America’s strategic mindset on AI needs a reset
The recent emergence of DeepSeek shows the U.S. should stop assuming that its dominance in artificial intelligence is guaranteed By Tian Feng From Silicon Valley boardrooms to Wall Street…
BRIEF: SMIC’s fourth-quarter revenue jumps, but profit falls
Semiconductor Manufacturing International Corp. (0981.HK; 688981.SH) said on Tuesday its revenue jumped 31.5% year-on-year to $2.21 billion in last year’s fourth quarter from $1.68 billion a year earlier on strong…
ACM Research straddles growing U.S.-China microchip divide
The California-based manufacturer of chipmaking equipment is growing quickly on demand from China, even as its strong Chinese ties become increasingly tricky Key Takeaways: ACM Research, a U.S.-based chip equipment…
NEWS BRIEF: SMIC revenue up 22%, gross profit down 16% in Q2
Leading Chinese microchip maker SMIC (0981.HK; 688981.SH) said its revenue rose to $1.9 billion in the second quarter from $1.56 billion yuan a year earlier, while its gross profit dropped…
FAST NEWS: SMIC forecasts continued gross margin decline
The Latest: Semiconductor Manufacturing International Corp. (SMIC)(0981.HK; 688981.SH) on Thursday reported a 68.9% year-on-year drop in its third-quarter profit to $71.79 million, as its gross margin plunged by 7.1 percentage points to 13.7%.…
Charged up by new investor BYD, BaTeLab cleared for IPO
China’s top maker of analog IC patterned wafers posted strong revenue and profit growth from 2020 to 2022, but the rates slowed sharply this year Key Takeaways: BaTeLab has been…
Chip breakthrough sends U.S. scrambling for new measures to stifle Huawei
Its groundbreaking Mate 60 model shows the Chinese smartphone maker may have dodged a U.S. tech blockade for now, but tougher sanctions may loom Key Takeaways: Huawei's latest smartphones are…