U.S. investors have plowed billions into China’s AI sector, report shows
U.S. investors including the investment arms of Intel Corp and Qualcomm Inc accounted for nearly a fifth of investments in Chinese artificial intelligence companies from 2015 to 2021, a report showed on Wednesday.
U.S. stops granting export licenses for China’s Huawei – sources
The Biden administration has stopped approving licenses for U.S. companies to export most items to China’s Huawei, according to three people familiar with the matter.
Sony, Honda roll out prototype of ‘Afeela’ EV that uses Qualcomm tech
Japan’s Sony on Wednesday unveiled a prototype of the new “Afeela” electric vehicles it will build together with Honda, saying it would harness its vast entertainment content as it looks to become a player in next-generation cars.
Chipmaker Qualcomm says automotive future business expands to $30 bln
U.S. chip designer Qualcomm Inc (QCOM.O) on Thursday said its automotive business “pipeline” increased to $30 billion, up more than $10 billion since its third quarter results were announced in late July.
Intel to produce Taiwanese company MediaTek’s chips
U.S. chipmaker Intel Corp (INTC.O) said on Monday it will produce chips for Taiwan’s MediaTek Inc (2454.TW), one of the world’s largest chip design firms.
U.S. chip industry split over CHIPS act benefits to Intel
Several U.S. semiconductor firms are deliberating whether to oppose a package of chip industry subsidies if the final language of the legislation awaiting a vote in the Senate disproportionately benefits manufacturers like Intel Corp (INTC.O), sources familiar with the matter told Reuters.
TSMC sees resilient chip sales boosting Q3; electronics demand cooling
Taiwan’s TSMC (2330.TW) forecast revenue growth that could be the highest in 10 quarters, saying it was “highly confident” about its long-term prospects and touted demand for high-tech chips used in data centres and electric vehicles.
Nvidia CEO says interested in exploring chip manufacturing with Intel
Nvidia Corp (NVDA.O) is interested in exploring using Intel Corp (INTC.O) for manufacturing its chips, Chief Executive Officer Jensen Huang said on a call with reporters on Wednesday.
Amazon among key tech firms to drop CES plans on COVID-19 concern
Amazon Inc , Facebook parent Meta Platforms Inc (FB.O), Twitter Inc (TWTR.N) and Pinterest Inc (PINS.N) will not send teams to the Consumer Electronics Show (CES) in Las Vegas as concerns grow about Omicron, the firms said on Tuesday.
MapmyIndia targets valuation of up to $817 mln with IPO filing this week – source
MapmyIndia, which powers Apple (AAPL.O) maps in India, will file draft papers for an initial public offering worth 10-12 billion rupees ($136-$163 million) this week, a source with direct knowledge of the matter said.
