Tag: china chips

Inside China’s underground market for high-end Nvidia AI chips
Technology

Inside China’s underground market for high-end Nvidia AI chips

[ad_1] Psst! Where can a Chinese buyer purchase top-end Nvidia AI chips in the wake of U.S. sanctions? Visiting the famed Huaqiangbei electronics area in the southern Chinese city of Shenzhen is a good bet - in particular, the SEG Plaza skyscraper whose first 10 floors are crammed with shops selling everything from camera parts to drones. The chips are not advertised but asking discreetly works. They don't come cheap. Two vendors there, who spoke with Reuters in person on condition of anonymity, said they could provide small numbers of A100 artificial intelligence chips made by the U.S. chip designer, pricing them at $20,000 a piece - double the usual price. While buying or selling high-end U.S. chips is not illegal in China, U.S. export restrictions have created a de facto undergroun...
Chip war and censorship hobble Chinese tech giants in chatbot race
Technology

Chip war and censorship hobble Chinese tech giants in chatbot race

[ad_1] Search giant Baidu's lacklustre unveiling of its chatbot exposed gaps in China's race to rival ChatGPT, as censorship and a US squeeze on chip imports have hamstrung the country's artificial intelligence ambitions.The highly anticipated preview of "Ernie Bot" last week was limited to a pre-recorded demonstration with simple questions to summarise the plot of a sci-fi novel and solving a straightforward algebra equation -- to avoid politically and factually incorrect answers. From cloud computing to autonomous driving, none of the array of services Baidu had earlier promised its Ernie Bot could do were on display. The firm's shares plunged as much as 10 percent during the unveiling, although they rallied the following day on positive reviews from brokerages including Citigroup, w...
Chipmaker Rout Engulfs TSMC, Samsung With $240 Billion Wiped Out
Technology

Chipmaker Rout Engulfs TSMC, Samsung With $240 Billion Wiped Out

[ad_1] Chip-related stocks in Japan, South Korea and Taiwan slumped, contributing to a wipeout of more than $240 billion. Chip-related stocks in Japan, South Korea and Taiwan slumped, contributing to a wipeout of more than $240 billion from the sector's global market value after the Biden administration imposed curbs on China's access to semiconductor technology. Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, plunged a record 8.3% on Tuesday. Samsung Electronics Co. and Tokyo Electron Ltd. also tumbled on concern US efforts to ensure international cooperation will crimp their ability to export to China. The selloff spread to currency markets. South Korea's won slumped more than 1.6% versus the greenback while the Taiwan dollar dropped 0.7% amid lo...
Now, US targets China’s chip industry
Technology

Now, US targets China’s chip industry

[ad_1] The US published a sweeping set of export controls, including a measure to cut China off from certain chips. The Biden administration on Friday published a sweeping set of export controls, including a measure to cut China off from certain semiconductor chips made anywhere in the world with U.S. equipment, vastly expanding its reach in its bid to slow Beijing's technological and military advances.The rules, some of which go into effect immediately, build on restrictions sent in letters earlier this year to top toolmakers KLA Corp, Lam Research Corp and Applied Materials Inc, effectively requiring them to halt shipments of equipment to wholly Chinese-owned factories producing advanced logic chips. The raft of measures could amount to the biggest shift in U.S. policy toward shippi...