China Wants US To Soften AI Chip Export Rules To Seal Trade Deal: Report

China Wants US To Soften AI Chip Export Rules To Seal Trade Deal: Report

Last Updated:August 10, 2025, 6:30 p.m. is China urges the US to relax export controls on AI-critical chips, especially high-bandwidth memory chips, before a possible summit between Trump and Xi Jinping, reports FT. China and U.S. flags are displayed alongside a miniature worker in this illustration picture taken November 7, 2024. REUTERS/Florence Lo/Illustration/File Photo China…

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AI Chip Demand Drives Taiwan Chipmaker TSMCs’ Second Quarter Profits Up By 30%

    AI Chip Demand Drives Taiwan Chipmaker TSMCs’ Second Quarter Profits Up By 30%

    TSMC is the world’s largest contract chipmaker (REUTERS/Ann Wang/ File Photo) Taipei: Taiwan Semiconductor Manufacturing Co, the main producer of advanced chips used in artificial intelligence applications, is expected to report a 30% rise in second-quarter profit on Thursday thanks to soaring demand.The world’s largest contract chipmaker, whose customers include Apple and Nvidia, has benefited…

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