President Joe Biden’s administration plans to press the Netherlands next week to stop its top chipmaking equipment maker ASML from servicing some tools in China, two people familiar with the matter said, as the U.S. leans on allies in its bid to hobble Beijing’s tech sector. Emmanuel Dunand | AFP | Getty Images ASML on … Read more
KUALA LUMPUR, MALAYSIA – 2018/01/24: A foreigner is seen with a Malaysia flag as a background. Kuala Lumpur or commonly known as KL is the national capital for Malaysia and is the fastest growing metropolitan regions in South-East Asia. The urban city is also well known to the world for tourism and shopping. Kuala Lumpur … Read more
Key Points AI stocks may be the hottest on the market right now, but investors should consider indirect plays as well, said Fidelity. There are stocks where “the benefits of AI may not be immediately obvious to investors,” the financial services firm said. These AI plays include semiconductor foundries, packaging technology companies and memory companies, … Read more
A microchip and the Nvidia logo displayed on a phone screen are seen in this photo taken in Krakow, Poland, on April 10, 2023. Nurphoto | Getty Images Artificial intelligence and semiconductor chip stocks rallied Thursday after U.S. chip design firm Nvidia beat Wall Street’s expectations for fourth-quarter earnings and revenue on Wednesday and projected … Read more
Dutch firm ASML makes one of the most important pieces of machinery required to manufacture the most advanced chips in the world. U.S. chip curbs have left companies, including ASML, scrambling to figure out what the rules mean in practice. Emmanuel Dunand | AFP | Getty Images ASML, which makes machines that are critical to … Read more
