Lawmakers in the U.S. advocate for expanded restrictions on selling chipmaking equipment to China
Lawmakers Push for Broader Semiconductor Equipment Ban on China U.S. lawmakers are advocating for an expanded ban on importing semiconductor manufacturing equipment to China. This follows a bipartisan investigation that found Chinese semiconductor companies had spent $38 billion on high-performance machinery last year. A discrepancy in regulations among the United States, Japan, and the Netherlands […]
Chipmaking startup Rain AI, supported by Sam Altman, considers sale after unsuccessful $150M fundraising, according to sources
Rain AI Seeks Buyers Amid Funding Struggles A chip startup in San Francisco, supported by Sam Altman, is exploring potential sales following unsuccessful efforts to raise $150 million from private investors. Rain AI claims to be working on chips that are not only more powerful but also more energy-efficient than those offered by industry leaders […]
Intel’s new CEO Lip-Bu Tan wants to revamp chipmaking, cut jobs: report
Intel's next CEO will revamp the chip-making operations of the tech giants that fought and cut down on jobs to compete better with industry rivals, according to the report. Lip-Bu Tan, a former Intel board member who took over on Tuesday, will focus on streamlining Intel's manufacturing processes and firing more AI chips for clients […]