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Michigan fails in bid to build semiconductor manufacturing plant, Whitmer blames ‘massive economic uncertainty’

Plans to build a semiconductor manufacturing plant in Michigan have fallen through and Democratic Gov. Gretchen Whitmer said Wednesday that “massive economic uncertainty” is...

AI helped save the chip industry. What happens if it turns out to be a bust?

Nvidia is now the first company to surge past $4 trillion in market capitalization, rebounding from its DeepSeek-induced slump earlier this year. Other AI...

Nvidia reportedly plans to release new AI chip designed for China | TechCrunch

Nvidia seems determined to find a way to sell AI chips in China despite U.S. export restrictions. The semiconductor giant is planning to launch an...

TSMC revenue climbs 39% in latest sign of AI spending boom

Taiwan Semiconductor Manufacturing Co.’s revenue rose a better-than-anticipated 39% in the June quarter, buoying expectations for a sustained post-ChatGPT boom in AI spending. Sales for...

Samsung projects a 56% plunge in operating profit, blaming U.S. chip controls on China

Samsung Electronics said Tuesday it expected its second quarter operating profits to fall by more than half, blaming U.S. export controls on advanced AI...