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The Trump administration has told US companies that offer software used to design semiconductors to stop selling their services to Chinese groups, in the latest attempt to make it harder for China to develop advanced chips. Several people familiar with the move said the US Department of Commerce had told so-called electronic design automation groups — which include Cadence, Synopsys and Siemens EDA — to stop supplying their technology to China.

A month before President Trump’s inauguration, Middle East envoy Steve Witkoff flew to the United Arab Emirates with two goals: discussing regional issues with the Abu Dhabi royal known as the “spy sheikh,” and attending a cryptocurrency conference. Less than five months later, Witkoff’s son, co-founder of the crypto venture World Liberty Financial, took the stage at a conference in Dubai to announce the company had struck a deal for the sheikh’s company to buy $2 billion of their new cryptocurrency. The expected tens of millions of dollars in annual profits would be split between the Witkoffs and their co-founders—and...

A microchip shortage is translating to higher car prices across America. CBS reported that the average price of a new car has topped $40,000 and that used car prices have risen nearly 30 percent due to the shortage. Lansing, Michigan, resident Heather Lyons knows that firsthand. In looking to buy a replacement for a totaled car, she said she will end up paying more to get less, according to WILX-TV. “It really is bad. My car payment last time for a decent vehicle was something I could afford and this time it’s going to be a worse vehicle for more...

At the store today for the first time saw SINGLE SERVING chip bags for sale. 160 calories per bag. Kennedys influence is already present in the stores. We have not seen these sizes fire sale individually in stores in 30 to 40 years

Technology stocks declined Wednesday, led by a 7% drop in Nvidia, as the chipmaking sector signaled that President Donald Trump’s sweeping tariff plans could hamper demand and growth. Nvidia revealed in a filing Tuesday that it will take a $5.5 billion charge tied to exporting its H20 graphics processing units to China and other countries and said the government will require a license to ship the chips there and other destinations. Technology stocks have whipsawed in the wake of Trump’s tariff announcements, which sparked global trade war fears and recession concerns. The market slumped in the initial aftermath of the...

AMD has announced that its key processor chips will soon be produced at TSMC’s new facility in Arizona, marking the first time AMD’s products will be manufactured in the United States. The news comes on the heels of AI giant Nvidia announcing it will produce AI chips and supercomputers in Arizona and Texas. Reuters reports that AMD CEO Lisa Su revealed that the company’s fifth-generation EPYC CPUs for data centers will be manufactured at TSMC’s Arizona plant. This decision comes amidst growing concerns over the U.S.-China trade tensions and the potential impact of tariffs on the semiconductor industry. The Trump...

ATLANTIC CITY, N.J. (AP) — A man cannot redeem nearly $60,000 in chips from a now-defunct casino that he bought at an online auction because they were “pilfered” by an employee of a company who was supposed to destroy them, a New Jersey appellate panel has ruled. The man tried to cash in the 389 chips in January 2023 with the state Treasury Department’s Unclaimed Property Administration, which was responsible for covering the redemption value of outstanding chips the Playboy Hotel and Casino had issued to patrons while in operation from 1981 to 1984. As part of its closing, the...

Microsoft (MSFT) on Wednesday announced a new kind of quantum computer chip that it says will make quantum computers useful in years, rather than decades in the future. The chip, called Majorana 1, uses what Microsoft says is a new type of material called a topoconductor, which the company claims takes advantage of a new state of matter that is not solid, liquid, or gas, but a topological state. The upshot is that Microsoft says its approach will help lead to chips that can perform complex tasks needed to research topics including material sciences and healthcare. Quantum computers are specialized...

US Vice-President JD Vance is in Paris for the AI Summit, and he has made it clear not to be joking around. He was reported to have walked out of a dinner with heads of state on Monday night, the 10th, during the Chinese vice-premier speech. The Chinese official reportedly ‘started singing the praises of trade and the UN.’ This was a hit against President Trump and his administration. The Telegraph reported: “Dominique Seux, the only French journalist present at the dinner at Paris’s Elysée palace on Monday night, said the US vice-president, clearly saw the speech – delivered by...

The Food and Drug Administration (FDA) has updated a recall of Lay's potato chips across Oregon and Washington and labeled the affected product with its highest risk level. According to the FDA, the recall was initiated on December 13, 2024, and the risk level was assessed as a "Class I" alert on January 27, 2025. The reason for the recall is the potential undeclared presence of milk, a known allergen, in the affected products. The voluntary recall was announced by the Frito-Lay company in December. According to the agency's website, the FDA assigns Class I designation to recall situations in...

The parents of a U.S. engineer found dead in Singapore last year said on Wednesday they will not take part in the rest of a coroner’s inquiry into his death, which they say was linked to a project involving the transfer of sensitive technology to China. In a statement issued through their lawyers, Rick and Mary Todd said they had lost confidence in the system investigating the death of their 31-year-old son, Shane, who was found hanging in his Singapore apartment last June. The Todds did not appear in court on Wednesday, the day after a U.S. medical examiner they...

A full half of the jobs created by the first TSMC Arizona chip plant have been filled by workers from Taiwan, despite the company receiving up to $11.6B worth of grants intended in large part to generate US jobs. TSMC’s announcement that it was building a chip fabrication plant in Arizona was hailed as a major success for the US CHIPS Act – intended to free the US from dependence on China for advanced chip supplies, and to generate jobs for US workers. Apple proudly announced that it would be buying American-made chips for some of its devices. The gloss...

Intel's (INTC) fall from grace seemed to happen all at once. Shares of the once iconic chipmaker plummeted 60% in 2024. The company posted the biggest loss in its 56-year history in its latest quarterly earnings report. Its market cap has dropped 80% since 2000 — when it was one of the most valuable companies in the world. Company insiders and industry analysts tell Yahoo Finance that Intel's dramatic crash is the result of a slow deterioration spanning more than two decades. “They had a God complex; they were super arrogant,” a former high-level executive who worked at Intel for...

Amazon’s cloud computing arm Amazon Web Services Tuesday announced plans for an “Ultracluster,” a massive AI supercomputer made up of hundreds of thousands of its homegrown Trainium chips, as well as a new server, the latest efforts by its AI chip design lab based in Austin, Texas. The chip cluster will be used by the AI startup Anthropic, in which the retail and cloud-computing giant recently invested an additional $4 billion. The cluster, called Project Rainier, will be located in the U.S. When ready in 2025, it will be one of the largest in the world for training AI models,...

BEIJING, Dec 3 (Reuters) - China has banned exports to the U.S. of some goods containing critical minerals while tightening exports on others, after U.S. curbs a day earlier on the Chinese chip industry. Following is background on export controls and other steps that analysts say Chinese authorities might take to safeguard China and its companies' interests. DUAL-USE On Dec. 3 China banned exports to the U.S. of items related to gallium, germanium, antimony and superhard materials, the latest escalation of trade tensions between the countries ahead of President-elect Donald Trump taking office. China had already on Dec. 1 enforced...

Taiwan Semiconductor Manufacturing Co., a company integral to modern chipmaking, is being awarded up to $6.6 billion in CHIPS Act funding, the U.S. Commerce Department said Friday. Besides the direct funding, Taiwan Semi also will be eligible for up to $5 billion of loans. The award will support the company’s planned investment of more than $65 billion in three greenfield leading-edge fabs in Phoenix, Ariz., and be disbursed based on the completion of project milestones.

Key TakeawaysTSMC’s Arizona plant has exceeded its Taiwanese facilities in yield.The first of three plants in Arizona is on track to reach full volume production in 2025.TSMC aims to start other facilities by 2028 and manufacture 2nm chips in the US by 2030.TSMC, the world’s largest semiconductor manufacturer, has achieved better yield in its new Arizona factory than its Taiwan facilities. Taiwanese giant TSMC’s new chipset manufacturing unit in the US has overtaken its domestic plants in terms of yield—a key metric in semiconductor production. The update from TSMC’s newly commenced plant in Phoenix, Arizona is good news for the...

Senate Finance Committee Chairman Ron Wyden (D-OR) is preparing legislation to expand production of semiconductors only weeks after his family members purchased stock in semiconductor tool manufacturers. Wyden and two other Democrat senators released a statement to announce they were working on legislation to “expand production of critical technologies like semiconductors, batteries and solar components” in the name of “economic recovery.” ‘By building on tools with records of success, we can also boost manufacturing in communities that have been left behind. We are working on new legislation that would expand production of critical technologies like semiconductors, batteries and solar components....

Shares of Intel jumped 3% Friday as The Wall Street Journal’s Lauren Thomas, Laura Cooper, and Asa Fitch reported that Qualcomm has approached Intel about acquiring it for perhaps as much as $90 billion, citing multiple unnamed sources. The “massive” deal, as the authors put it, is financially daunting, as Qualcomm has just $13 billion in cash and equivalents on its balance sheet against $13 billion of long-term debt. Even a mostly stock exchange would require some large debt raise. Intel, moreover, already has $19 billion of net long-term debt. The deal is much larger than Qualcomm’s attempted acquisition of...