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Chip Wars

All articles tagged with #chip wars

business1 year ago•1 min saved

"Dan Loeb's Entry into the Chip Wars: A Game-Changer for Activist Investors"

Hedge fund mogul Dan Loeb's activist hedge fund Third Point, which owns a majority stake in R2 Semiconductor, is funding a patent fight against Intel, Dell, Amazon, and other tech giants over chip designs. R2 has been successful in obtaining injunctions against Intel's chip sales in Europe, and Third Point is also funding new lawsuits against Amazon Web Services and Fujitsu. The legal battle revolves around a patent related to voltage regulation in semiconductors, with Third Point investing in R2's legal costs and planning to put up $79 million in escrow for ongoing court fights in Germany.

via The New York Times|

#business #chip-wars #dan-loeb

technology2 years ago•2 min saved

TSMC Diversifies with First Chip Factory in Japan Amid U.S.-China Tensions

Taiwanese chipmaker TSMC has opened its first factory in Japan, marking its expansion amid the escalating chip competition between the United States and China. The Japan Advanced Semiconductor Manufacturing (JASM) in the Kumamoto region is set to start operations later this year, with plans for a second factory in the next few years. TSMC's move into Japan, an ally of the U.S., follows its expansions in the U.S. and Europe. The company's expansion comes as the U.S. tightens controls on chip shipments to China, and Japan focuses on investing in its semiconductor industry to compete in the Asia Pacific region.

via Quartz|

#chip-wars #japan #semiconductor-industry

business2 years ago•2 min saved

The Impact of Chip Wars: A Bite into the Tech Industry

The chip wars between the US and China are starting to have an impact on major tech players. Dutch chip equipment firm ASML believes geopolitical tensions and restrictions will not affect its 2023 financial results, but its earnings performance is suffering due to weak global demand for chips. On the other hand, Nvidia warned of a significant sales hit in the fourth quarter due to export restrictions, particularly in China. The company's shares fell after it delayed a new AI chip designed for China to comply with US export restrictions. Meanwhile, Black Friday e-commerce spending in the US reached a record $9.8 billion, and the Miami Dolphins vs. New York Jets game was exclusively streamed on Amazon Prime Video, signaling trouble for traditional TV. Additionally, 17 hostages held by Hamas in Gaza were released, bringing the total number of freed hostages to 41. Lastly, seed improvement is emerging as an area to watch in the plant-based food space as weight-loss drugs gain popularity and scientists evaluate how to feed a growing population.

via CNBC|

#alternative-protein #black-friday #business

technology2 years ago•0 min saved

Nvidia CEO warns of "enormous damage" to US tech in China chip wars.

The ongoing chip wars between the US and China could cause "enormous damage" to American technology, according to Nvidia CEO Jensen Huang. He warned that the US risks falling behind in the global tech race if it doesn't invest in its own semiconductor industry. The comments come amid growing tensions between the two countries over trade and technology, with the US government imposing sanctions on Chinese tech firms such as Huawei and TikTok.

via Financial Times|

#china #chip-wars #damage