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Shares of Evergrande EV unit slide 27% after it warns of losing assets

Shares of China Evergrande New Energy Vehicle Group plunged 27% on Wednesday after it said it faces the risk of losing key assets such as land and equipment.
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Donny Kwok , Anne Marie Roantree , Himani Sarkar , China Evergrande New Energy Vehicle Group , China Evergrande , Reporting By Donny Kwok ,

Exclusive-Chinese AI chip firms downgrading designs to secure TSMC production, sources say

Some Chinese AI chip companies are now designing less powerful processors to retain access to Taiwan Semiconductor Manufacturing Co (TSMC) production in the face of U.S. sanctions, four people with knowledge of the matter said. Aiming to impede breakthroughs in artificial intelligence and supercomputing by China's military, Washington has imposed a series of export controls on highly sophisticated processors from companies such as Nvidia and on chip manufacturing equipment. ....

United States , Fanny Potkin , Jensen Huang , Anne Marie Roantree , Edwina Gibbs , Eduardo Baptista , Advanced Micro Devices , Taiwan Semiconductor Manufacturing Co , Semiconductor Manufacturing International Corp , China Integrated Circuit Industry Investment Fund , Chief Executive Jensen Huang ,

Exclusive-Chinese AI Chip Firms Downgrading Designs to Secure TSMC Production, Sources Say

Exclusive-Chinese AI Chip Firms Downgrading Designs to Secure TSMC Production, Sources Say
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United States , Eduardo Baptista , Fanny Potkin , Anne Marie Roantree , Edwina Gibbs , Jensen Huang , Museum Of Innovation , Semiconductor Manufacturing International Corp , Advanced Micro Devices , China Integrated Circuit Industry Investment Fund , Taiwan Semiconductor Manufacturing Co , Taiwan May , Chief Executive Jensen Huang ,

Exclusive-Chinese AI chip firms downgrading designs to secure TSMC production, sources say

Exclusive-Chinese AI chip firms downgrading designs to secure TSMC production, sources say
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United States , Fanny Potkin , Edwina Gibbs , Eduardo Baptista , Jensen Huang , Anne Marie Roantree , China Integrated Circuit Industry Investment Fund , Advanced Micro Devices , Semiconductor Manufacturing International Corp , Taiwan Semiconductor Manufacturing Co , Chief Executive Jensen Huang ,