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Semiconductors

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Semiconductors
Semiconductors are the cornerstone technology of the information age. These tiny electronic devices, usually smaller than a postage stamp, power the modern economy by acting as data-processing brains for products, from smartphones to cars and spacecraft.
Xi Jinping’s keynote speech at the World AI Conference
Artificial intelligence

Xi Jinping’s keynote speech at the World AI Conference

The Chinese president addressed the opportunities and challenges of AI, urging the country to seize the “rare historic opportunity” of AI-driven growth by embracing technological openness.

The Philippines

Philippines’ Pax Silica AI hub plan slammed for mineral ‘plunder’

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IPO

Chinese memory giant CXMT oversubscribed 212 times in mega Shanghai IPO

Artificial intelligence

Chinese Nvidia alternatives project massive sales as AI chip demand surges

Moore Threads and Hygon are capitalising on surging demand for AI computing power as they race to fill the void left by Washington’s export controls.

Moore Threads, a GPU start-up founded in 2020, is now one of China’s most closely watched semiconductor players. Photo: Moore Threads
Artificial intelligence

Top takeaways from Xi Jinping’s opening address at the World AI Conference

The speech marks the Chinese president’s first-ever keynote address at the nation’s premier artificial intelligence summit.

Banking & finance

How AI and chip boom is propelling Hong Kong’s ETP market to new heights

Hong Kong is already the world’s fourth-largest market for exchange-traded products, and the rapid growth in trading is set to continue, director says.

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Artificial intelligence

Xi Jinping says ‘one country’ cannot monopolise AI – as it happened

President’s personal attendance seen as a sign of China’s inclusion of artificial intelligence into broader geopolitical strategy.

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President Xi Jinping arrives at the opening ceremony for the World AI Conference in Shanghai on Friday. Photo: AP
Artificial intelligence

Humanoids to Huawei: what to watch as Xi attends China’s top AI event

Gathering will showcase Beijing’s push to compete across the full AI stack, from models and chips to robots, consumer devices.

US-China relations

Beijing denounces US chip curbs as threat to global supply chains

Move to incorporate three China-focused export control measures into the NDAA marks a new escalation in the US technology rivalry.

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IPO

CXMT’s mega IPO draws frenzy from retail investors to DeepSeek founder’s fund

Investors are hoping for a relatively generous allotment rate and sharp gains when the memory-chip maker debuts on Shanghai’s Star Market.

Memory-chip maker CXMT's coming IPO on Shanghai's Star Market has drawn an enthusiastic response from both retail and professional investors. Photo: Reuters
TSMC

TSMC pledges extra US$100b for Arizona fab expansion amid soaring AI chip demand

Riding on the AI boom, the Taiwanese chipmaker’s net income jumped 77 per cent to NT$706.6 billion (US$22 billion) in the second quarter.

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A view of TSMC’s complex in Phoenix, Arizona, under construction earlier this year. Photo: UCG/Universal Images Group via Getty Images
IPO

China memory-chip maker CXMT set for mega IPO

Listing could be country’s second biggest at US$9.8 billion and comes as global demand for memory chips soars on the back of AI infrastructure build-out.

Japan

Nvidia chief Jensen Huang seals Japan robotics push after ‘yakitori summit’

Huang has shown his personable side by dining with business partners at local restaurants during his recent visits to other countries.

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China-EU relations

Exclusive | Dutch Prime Minister Rob Jetten set to visit China next spring: sources

Food security and trade ministers have already visited this year, with another, by Economy Minister Heleen Herbert, under consideration.

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Dutch Prime Minister Rob Jetten disembarks from a plane at Esenboga Airport ahead of the Nato Heads of State and Government Summit in Ankara, Turkey, on July 7. Photo: EPA
China stock market

South Korea’s debt-heavy market could drive global tech volatility, analysts say

China has taken deleveraging actions amid wake-up call from South Korean market volatility.

A currency trader talks on the phone near a screen showing the Korea Composite Stock Price Index (Kospi) and US dollar exchange rate in Seoul. Photo: AP
China-EU relations

EU accuses China of seeking to reshape global order in stark new strategy paper

China trying to ‘reshape the global order in line with their interests’, EU says in some of bloc’s strongest official criticism of Beijing.

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IPO

China’s CXMT valued at US$85 billion in record Shanghai IPO

Chinese DRAM maker is set to raise 57.9 billion yuan (US$8.5 billion), nearly twice the amount earmarked for its investment projects.

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US-China trade war

US must act quickly to counter China’s growing tech progress, lawmakers told

Analysts claim Washington needs to slow down Chinese momentum and speed up US technology advances now or fall well behind the Asian giant.

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Witnesses told lawmakers at a Congressional round table on Tuesday that the US needs to implement new strategies to counter Beijing’s growing prowess in the global technology industry, especially AI. Photo: Shutterstock
US-China trade war

US says Nvidia’s H200 exports to China remain ‘trivial’ despite approvals

US commerce official Jeffrey Kessler says only a ‘very small quantity’ of AI chips have reached mainland China and Hong Kong so far.

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Artificial intelligence

China’s StepFun beats Apple and OpenAI to ‘world’s first AI phone’

Tencent-backed firm launches the AI-native StepX Neo smartphone, challenging US tech giants amid Apple-OpenAI legal clashes.

China exports

Global AI boom sees China’s chip exports nearly double in first half of year

Exports of automatic data processing machines and parts jumped more than 41 per cent to top US$138 billion.

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A staff member tests chips in a workshop at the Zhangjiang Hi-Tech 895 Incubator in Shangahi’s Pudong New Area on July 8. Photo: Xinhua
China trade

China’s trade surges in first half of 2026, extending growth streak

Exports rose by 27 per cent year on year and imports grew by 36 per cent last month, both beating projections.

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Containers at a port in Nanjing in China’s Jiangsu province. Photo: AFP
US-China tech war

Nvidia’s future challenger? Chinese start-up reveals aggressive AI chip road map

As US sanctions block access to advanced lithography, a Shanghai-based firm bets on chip redesign, 3D memory stacking to break bottlenecks.

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China stock market

Chinese hard tech giants see market value surge as overseas capital pours in

Under the mainland-Hong Kong Connect programme, northbound holdings rise to record high of 3.13 trillion yuan by end of June.

IPO

Meet CXMT’s Zhu Yiming: the man building China’s memory-chip giant

From a Silicon Valley garage to China’s largest DRAM maker and a US$4.4 billion IPO, Zhu reportedly refused pay until CXMT became profitable.

Zhu Yiming’s bet that memory-chip production would migrate to China was placed long before he founded CXMT. Photo: Handout
China Life Insurance

China Life sets up chip fund to support long-term innovation

The US$737 million yuan fund for semiconductor investment to support chip firms with ‘substantial technical know-how and resources’.

An engineer examines a chip in a factory. Photo: Shutterstock
Artificial intelligence

In China’s electronics hub, a memory chip crisis is hitting consumers hard

Computer vendors in Shenzhen are raising their prices, as the AI boom drives a fivefold jump in the cost of key memory products.

Artificial intelligence

Macroscope | Don’t expect the rising tide of AI to lift all boats

While economies linked to hi-tech supply chains may perform well, unequal outcomes and economic instability still loom for much of the world.

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