chips

Trump says Intel CEO Lip-Bu Tan must ‘resign immediately’

Amidst heightening tensions with China, U.S. President Donald Trump on Thursday insisted that Intel’s CEO, Lip-Bu Tan, must step down, accusing Tan of harboring conflicts of interest. “The CEO of INTEL is highly CONFLICTED and must resign, immediately. There is no other solution to this problem. Thank you for your attention to this problem!” Trump

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Two arrested for smuggling AI chips to China; Nvidia says no to kill switches

The U.S. Department of Justice (DOJ) said on Tuesday that two Chinese nationals have been arrested for their alleged involvement in illegally shipping “tens of millions of dollars” worth of high-performance AI chips to China. The DOJ said Chuan Geng and Shiwei Yang were arrested in California on August 2 and charged with violating the

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A backlog at the Commerce Department is reportedly stalling Nvidia’s H20 chip licenses

Earlier in July, U.S. Secretary of Commerce Howard Lutnick gave chipmakers like Nvidia the green light to start selling certain AI chips in China again, but his department is said to be holding things up. According to reporting from Reuters, Nvidia has yet to receive a license to sell its H20 AI chips. The U.S.

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A backlog at the Commerce Dept. is reportedly stalling Nvidia’s H20 chip licenses

Earlier in July, U.S. Secretary of Commerce Howard Lutnick gave chipmakers like Nvidia the green light to start selling certain AI chips in China again, but his department is said to be holding things up. According to reporting from Reuters, Nvidia has yet to receive a license to sell its H20 AI chips. The U.S.

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Intel continues to pull back on its manufacturing projects

Intel CEO Lip-Bau is making progress on his plan for the company to shed its inefficiencies. And that includes spiking several manufacturing projects. The semiconductor giant reported Thursday in its second-quarter earnings report that it will delay, and in some cases, not move forward with multiple manufacturing projects. Specifically, Intel said it was no longer

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