According to a report from Economic Daily News, citing Bloomberg, GlobalFoundries—the largest contract chipmaker in the U.S.—announced on June 4 that it will invest USD 16 billion to boost domestic chip production. The company is the latest to publicly commit billions of dollars toward expanding...

According to CNBC, U.S. President Donald Trump said he told Apple CEO Tim Cook that he is against the company manufacturing its devices in India, instead urging Cook to bring production back to the U.S. Trump also added that Apple plans to ramp up its U.S. manufacturing, though he did not provide...

Before Biden’s three-tier AI chip curbs comes into effect, Trump reportedly plans to hit the brakes. According to Bloomberg and Reuters, the AI diffusion rule will not take effect on May 15 as previously scheduled, with Trump pushing to revamp chip export policy. As per the reports, the Commerc...

With Samsung withdrawing its Q2 guidance amid tariff uncertainty, focus has been on how the company plans to navigate Trump’s trade policies. According to Wccftech, citing The Korea Herald, U.S. President Donald Trump said he has learned that Samsung Electronics intends to build “massive” faci...

According to Bloomberg, sources say the U.S. is considering loosening restrictions on NVIDIA chip sales to the United Arab Emirates, with President Donald Trump potentially set to unveil a bilateral semiconductor agreement during his upcoming visit to the Gulf region. The report notes that Trump ...