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While U.S. officials have reportedly signaled that long-anticipated semiconductor tariffs may not be imposed anytime soon, the country is maintaining strict controls on China’s chip industry. As part of these ongoing efforts, Reuters reports a bipartisan group of U.S. lawmakers on Thursday introdu...
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Chip equipment maker Applied Materials reported its Q4 results this week, with China sales taking center stage as tightening export controls raise questions about the company’s outlook. According to Reuters, Applied Materials said it expects spending on chipmaking equipment in China to fall in 2...
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The wave of tech layoffs continues. With cost pressures mounting and AI reshaping corporate priorities, more companies across the industry are trimming staff. According to Reuters, citing sources, Amazon plans to cut up to 30,000 corporate jobs starting Tuesday to reduce costs and address overhiring...
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Shortly after U.S. Commerce Department earlier this week expanded its export blacklist to close loopholes used by Chinese and overseas affiliates, Applied Materials warned it could lose about $600 million in fiscal 2026 revenue, dealing a fresh blow to industries spanning chips, aviation, and medica...
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Applied Materials, Inc. has announced a strategic collaboration with GlobalFoundries (GF) to establish a state-of-the-art waveguide manufacturing facility at GF’s Singapore plant, aiming to accelerate the next wave of innovation in photonics technology. Leveraging decades of semiconductor exper...