- Reuters
Exclusive-Chinese AI chip firms downgrading designs to secure TSMC production, sources say
Some Chinese AI chip companies are now designing less powerful processors to retain access to Taiwan Semiconductor Manufacturing Co (TSMC) production in the face of U.S. sanctions, four people with knowledge of the matter said. Aiming to impede breakthroughs in artificial intelligence and supercomputing by China's military, Washington has imposed a series of export controls on highly sophisticated processors from companies such as Nvidia and on chip manufacturing equipment.
- Benzinga
Nvidia, AMD Chips To Get Dearer as Taiwan Semi Eyes AI Chip Price Hike
Chip stocks led by Nvidia Corp (NASDAQ:NVDA), Advanced Micro Devices, Inc (NASDAQ:AMD), Qualcomm Inc (NASDAQ:QCOM), Micron Technology, Inc (NASDAQ:MU) and Arm Holdings Plc (NASDAQ:ARM) were trading lower Tuesday amid reports of Taiwan Semiconductor Manufacturing Co’s (NYSE:TSM) plans to boost the price of its AI chip production services. TSMC stock also traded lower on Tuesday. U.S. Big Tech stocks harboring AI ambitions are also trading lower Tuesday, including Microsoft Corp (NASDAQ:MSFT), Met
- Barrons.com
Microsoft, Alphabet, TSMC, and Other Tech Stocks in Focus Today
Technology shares were mainly in the red early Tuesday, in line with the broader market as fears grow about the strength of the U.S. economy.
