While rolling out a fresh wave of layoffs—reportedly cutting over 500 Oregon jobs by July 15 as part of broader plans to cut 15–20% of manufacturing roles—Intel CEO Lip-Bu Tan bluntly told employees he no longer sees Intel as a leading chipmaker, not even in the top 10, according to Oregon Liv...

With key parts of the EU’s landmark AI Act set to take effect as early as August, over 40 European CEOs—including chipmaking tool giant ASML and big techs Philips and Siemens—are calling for a two-year delay, warning that rushing the rollout could hurt Europe’s global competitiveness and sta...

Amid rising U.S. export controls and looming tariff risks, Dutch chipmaker NXP is doubling down on its China localization strategy—“In China, For China, For the World.” According to Chinese outlet Jiemian, the company now plans to partner with a local foundry to manufacture its chips entirely ...

On June 26, China officially launched its independently developed next-generation general-purpose processor — the Loongson 3C6000 (LS3C600) — in Beijing. The LS3C600 is built on China’s self-designed instruction set architecture, LoongArch, and requires no foreign licensed technologies. As ...

According to Anue, Chinese GPU unicorns Moore Threads and MetaX had their STAR Market IPO applications accepted on Monday, June 30. Moore Threads plans to raise RMB 8 billion. MetaX aims to raise RMB 3.904 billion, with a total investment of RMB 5 billion. As noted by Economic Daily News, this move ...