China Chip War Intensifies
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FirstFT: Alphabet beats earnings forecast and announces first-ever dividend
Also in today’s newsletter, Blinken meets Xi and investors scale back US rate cut betsFinancial Times - World -
FirstFT: Alphabet beats earnings forecast and announces first-ever dividend
Also in today’s newsletter, Blinken meets Xi and investors scale back US rate cut betsFinancial Times - World -
US wants allies to cut chip-related China exports amid Huawei alarm
Washington urges Japan, South Korea and the Netherlands to tighten supply of tools and technologyFinancial Times - Business - China -
US wants allies to cut chip-related China exports amid Huawei alarm
Washington urges Japan, South Korea and the Netherlands to tighten supply of tools and technologyFinancial Times - World - China -
US wants allies to cut chip-related China exports amid Huawei alarm
Washington urges Japan, South Korea and the Netherlands to tighten supply of tools and technologyFinancial Times - World - China -
US wants allies to cut chip-related China exports amid Huawei alarm
Washington urges Japan, South Korea and the Netherlands to tighten supply of tools and technologyFinancial Times - World - China -
US wants allies to cut chip-related China exports amid Huawei alarm
Washington urges Japan, South Korea and the Netherlands to tighten supply of tools and technologyFinancial Times - World - China -
US wants allies to cut chip-related China exports amid Huawei alarm
Washington urges Japan, South Korea and the Netherlands to tighten supply of tools and technologyFinancial Times - World - China -
US wants allies to cut chip-related China exports amid Huawei alarm
Washington urges Japan, South Korea and the Netherlands to tighten supply of tools and technologyFinancial Times - World - China -
US wants allies to cut chip-related China exports amid Huawei alarm
Washington urges Japan, South Korea and the Netherlands to tighten supply of tools and technologyFinancial Times - World - China -
US wants allies to cut chip-related China exports amid Huawei alarm
Washington urges Japan, South Korea and the Netherlands to tighten supply of tools and technologyFinancial Times - World - China -
Blinken says he challenged China's Xi on Russia war support
America's top diplomat and the Chinese president have held talks in Beijing as both sides seek to stabilise relations.BBC News - Top stories - China -
Pro-Palestinian protests at U.S. colleges intensify
Pro-Palestinian demonstrations are taking place at universities across the U.S., including in California, Texas and New York. Wednesday marked the eighth day of a contentious protest at Columbia University that prompted the school to cancel ...CBS News - Top stories -
Biden promise to rival China on shipbuilding faces a big economic problem
President Biden wants to bring shipbuilding back to the U.S. in economic rivalry with China and to boost domestic steel. Economic reality isn't on his side.CNBC - Business - Joe Biden -
Campus Protests Over Gaza Intensify Amid Pushback by Universities and Police
There were more than 120 new arrests as universities moved to prevent pro-Palestinian encampments from taking hold as they have at Columbia University.The New York Times - Top stories -
Biden delivers remarks on the CHIPS Act and job growth
Watch live coverage as President Biden delivers remarks on how the CHIPS and Science Act are growing the economy and creating jobs.NBC News - Top stories - Joe Biden -
TSMC Shares Fall After Downgrading 2024 Global Chip Outlook
Shares of Taiwan Semiconductor Manufacturing fell sharply as investors’ worries about the chip maker’s cautious outlook for the industry eclipsed its upbeat first-quarter financial results.The Wall Street Journal - Tech -
Biden celebrates computer chip factories, pitching voters on American 'comeback'
President Joe Biden has arrived in New York state to celebrate a tech company’s plans to build a campus of computer chip factories made possible in part with government supportABC News - Tech - Joe Biden -
Biden, Seeking to Build on Fruitful Week, Will Announce Billions in Chip Grants
The $6.1 billion for Micron, to shore up the domestic supply of semiconductors, comes after a key union endorsement and passage of an aid bill central to the president’s foreign policy agenda.The New York Times - Top stories - Joe Biden -
Biden, Seeking to Build on Fruitful Week, Announces Billions in Chip Grants
The $6.1 billion for Micron, to shore up the domestic supply of semiconductors, comes after a key union endorsement and passage of an aid bill central to the president’s foreign policy agenda.The New York Times - Business - Joe Biden -
Biden touts achievements from CHIPS and Science Act: Watch live
The Biden administration announced Thursday that it reached a preliminary agreement with Idaho-based semiconductor manufacturer Micron, the latest in a series of investments through the bipartisan CHIPS and Science Act. The investment will ...The Hill - Politics - Joe Biden -
The Chips Act has been surprisingly successful so far
More than halfway through its incentives spending, the US will have far greater scope to manage shocksFinancial Times - World -
Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant
Intel has missed most of the significant technology transitions over the past 15-plus years, losing its standing in the chip industry along the way.CNBC - Business -
Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant.
Intel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings.NBC News - Top stories -
Antony Blinken Visits China
Tensions over economic ties are running high, threatening to disrupt a fragile cooperation between the U.S. and China.The New York Times - Business - China -
Antony Blinken Visits China
Tensions over economic ties are running high, threatening to disrupt a fragile cooperation between the U.S. and China.The New York Times - Top stories - China -
Is the U.S. in the middle of two Cold Wars?
It's been nearly 35 years since the Cold War ended, but the author of a new book argues not only is the U.S. facing a new Cold War -- it's facing more than one. David Sanger, author of "New Cold Wars," joins CBS News to explain.CBS News - Top stories -
Blinken’s Visit to China: What to Know
Secretary of State Antony J. Blinken is in China this week as tensions have risen over trade, security, Russia’s war on Ukraine and the Middle East crisis.The New York Times - World - China -
Blinken’s Visit to China: What to Know
Secretary of State Antony J. Blinken is in China this week as tensions have risen over trade, security, Russia’s war on Ukraine and the Middle East crisis.The New York Times - Top stories - China -
Cleverly likens Tory plots against Sunak to leaving plane without parachute
UK home secretary says an attempted putsch against PM after a local election drubbing would be a ‘catastrophic idea’Financial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
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Blinken’s Visit to China: What to Know
Secretary of State Antony J. Blinken is in China this week as tensions have risen over trade, security, Russia’s war on Ukraine and the Middle East crisis.The New York Times - Business - China -
Remy Cointreau Lifted by China Improvement
Remy Cointreau posted fourth-quarter sales slightly ahead of views, as it saw a better-than-expected performance in China, but continued to destock in the U.S.The Wall Street Journal - World - China -
Remy Cointreau Lifted by China Improvement
Remy Cointreau posted fourth-quarter sales slightly ahead of views, as it saw a better-than-expected performance in China, but continued to destock in the U.S.The Wall Street Journal - Business - China -
Breaking down Blinken's trip to China
Secretary of State Antony Blinken embarked on a three-day trip to China this week, meeting with his Chinese counterpart and President Xi Jinping on Friday. Trade and national security were among the topics of discussion. CBS News national security ...CBS News - Top stories - China -
Korean chip maker SK Hynix returns to net profit after five-quarter losing streak
SK Hynix returned to a net profit in the first quarter after a five-quarter losing streak, continuing to ride the artificial-intelligence boom that boosts demand for more advanced and high-end memory chips.MarketWatch - Business -
Chip sector due a May bounce with Nvidia near ‘trough valuation,’ say Bank of America strategists
The big-tech trade is having a wobble. But chip stocks are due a rebound, say Bank of America strategists.MarketWatch - Business