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How are global chipmakers preparing for the US-China chip war?

“Great results can be achieved with small forces,” Sun Tzu wrote in “The Art of War” some 2,500 years ago. That quote is so old it’s now an adage. But it appears the U.S. isn’t content to wager that small actions can achieve the wide-ranging impacts necessary to gain an edge over China in the development of AI and machine learning technologies. After implementing sweeping restrictions on the export of semiconductors to China last October, the U.S.’ recent deal with Japan and the Netherlands to…

TSMC Founder Says U.S. Welcomes Chipmaker’s Arizona Plant Plan

US Vice President Kamala Harris welcomed Taiwan Semiconductor Manufacturing Co.’s decision to open a second plant in Arizona. US Vice President Kamala Harris welcomed Taiwan Semiconductor Manufacturing Co.'s decision to open a second plant in Arizona and reiterated her government's determination to help Taiwan, the company's founder Morris Chang said.Chang, who was speaking Saturday as Taiwan's special envoy at the Asia-Pacific Economic Cooperation summit in Bangkok, said he had told Harris the US Secretary of Commerce

US Senators Lobbying for Ban on Government Deals With Chinese Chipmakers: Report

US Senate Majority Leader Chuck Schumer and Republican Senator John Cornyn are lobbying hard for a ban on government business with Chinese chipmakers, Politico reported on Thursday, citing three people familiar with the matter. The senators want to get their amendment which blocks federal access to semiconductor products and services made by Chinese firms into the final version of this year's National Defense Authorization Act (NDAA), the report said.The measure would broaden provisions in Section 889 that already…

Taiwan Proposes Bigger Tax Breaks for Chipmakers’ Research, Development to Retain Competitive Edge

Taiwan's government on Thursday proposed larger tax breaks for technology companies' research and development efforts as it seeks to provide further support for the crucial semiconductor industry and stay competitive internationally.The proposal comes in an amendment to a statute on industrial innovation put forward by the economy ministry, raising the corporate income tax break to 25 percent from 15 percent. The amendment requires parliamentary approval to be passed into law.The economy ministry said it's imperative for…

Samsung profit plunges in Q3 as chipmakers feel bite

Samsung is facing headwinds from a global slump in deamand and prices for its memory chips, sales of which make up a large part of the South Korean technology giant's business.Olly Curtis | Future | Getty ImagesSamsung said Friday its operating profit likely plunged 32% in the third quarter of the year as weaker memory pricing and demand hit the technology giant.The South Korean firm said it expects operating profit to be between 10.7 trillion ($7.57 billion) and 10.9 trillion South Korean won. It is the first decline in…

AMD shares fall more than 13% on weak outlook, dragging chipmakers down

Lisa Su, president and chief executive officer of Advanced Micro Devices (AMD), holds a 3rd generation Ryzen desktop processor while speaking during a keynote session at the 2019 Consumer Electronics Show (CES) in Las Vegas, Jan. 9, 2019.David Paul Morris | Bloomberg | Getty ImagesAMD shares were down 13.9% on Friday as investors digest the company's disappointing preliminary third-quarter results Thursday that were well below its initial guidance.The chipmaker cut its sales forecast on Thursday for the third quarter,…

Taiwan Promises to Protect Local Chipmakers in Chip 4 Group

A preliminary meeting of the U.S.-led Chip 4 group, attended by representatives from Japan, South Korea, Taiwan, and the U.S. took place last week after a year of preparation. The participants agreed that such an alliance was required to build a resilient chip supply chain. Meanwhile, Taiwan Deputy Economy Minister told reporters that the country would use the group to protect interests of its local semiconductor industry. Taiwan also plans to ensure that chips made in Taiwan would not be used by China to boost its…

Applied Materials predicts upbeat revenue as chipmakers ramp up capacity

Semiconductor equipment maker Applied Materials Inc eased fears of a slowdown with a strong revenue forecast for the fourth quarter, though sticky supply chain snarls pinched its margins. Chipmakers Intel and Micron Technology Inc have recently warned of an inventory build-up and declining spending on electronics, sparking worries that the industry's years-long growth run was at an end. Chief Executive Gary Dickerson allayed the concerns, saying Applied Materials can overcome the dour economic outlook and that he remains…