In the years before China declared U.S. firm Micron Technology's products a national security risk, authorities were already scaling back purchases of its chips, opting instead for domestic or South Korean options, documents showed.
Shares in South Korea's Samsung Electronics 005930.KS and SK Hynix rose in morning trade on Monday after China failed U.S. memory chip rival Micron Technology in a security review.
U.S. semiconductor toolmaker Applied Materials Inc on Monday said it plans to spend up to $4 billion on a research center in the heart of Silicon Valley to speed up advances in semiconductor manufacturing.
Investors would be mad to ignore AI's spectacular results, but when it comes to broader applications, they should tread carefully, columnist Felix Martin writes.
A potential deal to lift the U.S. debt ceiling could spur money managers to pare holdings in the massive technology and growth stocks that have been havens this year and shift into the rest of the market, some investors believe.