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Alibaba to ‘aggressively’ invest in AI over next three years

Chinese internet giant Alibaba is seeing rapid revenue growth thanks to a surge in AI spending by Chinese companies. The…

20 hours ago

China has realized that it cannot win the technological competition with the US without private companies – private tech business is being rehabilitated

Last Monday, February 17, Chinese President Xi Jinping personally attended a meeting of the country's top entrepreneurs, which was attended…

2 days ago

It takes twice as long and money to build a chip factory in the US than in Taiwan, analysts find

Building modern chip factories requires billions of dollars in capital expenditure. On average, a large factory requires 30-40 million man-hours,…

2 days ago

AMD has the ability to control Intel’s fate

Intel is going through tough times, and there is increasing talk of a possible takeover of the iconic company. This…

2 days ago

AI-powered global semiconductor production to show robust growth in Q4 2024

Industry organization SEMI has released a report from analyst agencies Semiconductor Manufacturing Monitor and TechInsights on the development of the…

3 days ago

Baidu reports revenue decline as competition in China’s AI intensifies

Chinese internet giant Baidu Inc. reported a smaller-than-expected decline in quarterly revenue, easing investor concerns that it might be unable…

3 days ago

SSDs to rise in price in second half of year due to NAND production cuts and AI hype

The NAND flash memory market is currently suffering from oversupply, leading to price declines and financial difficulties for suppliers. However,…

4 days ago

China Stock Market Raises $1.3 Trillion on AI Startup DeepSeek’s Success

Last month, Chinese company DeepSeek released a powerful neural network that quickly gained popularity around the world. The success of…

5 days ago

Intel shares showed a sharp increase, but still far from saving the company

The US presidential administration Donald Trump gave investors an occasion to optimism in relation to Intel - only this week…

7 days ago

Chinese chipmakers to cut equipment spending this year

According to experts from Canadian TechInsights, who regularly take part in “exposing” the progress of Huawei suppliers in the field…

1 week ago