Facepalm: One might imagine that with so many individuals caught smuggling hardware into China, people would decide it just wasn't worth the risk. But no. Not only has another person tried to avoid paying import taxes, but they also broke the record for the number of China-bound processors strapped to their body: an uncomfortable 239 CPUs, worth around $50,000.
"We are concerned because we see our future growth is challenged by the storage of cat videos"
WTF?! TikTok often makes headlines over claims that its user data is shared with the Chinese government, but it seems the company is also having an unintended (or possibly intended) impact on one of Europe's largest ammunition manufacturers.
The US government doesn't feel the same love for China
What just happened? Between chip-related export controls and tensions over Taiwan, relations between the US and China are at a nadir, but that hasn't stopped many top tech executives, including Apple CEO Tim Cook, from singing the country's praises at the 2023 China Development Forum.
Editor's take: The industry has changed a lot in the eight years since we wrote our first analysis on the top five chip companies. We anticipated semis were no longer a growth industry and the only way for companies to keep growing was to win market share (hard) or buy other companies. This is especially true in semiconductors because most of these companies outsource their manufacturing to foundries like TSMC and GlobalFoundries.
In a nutshell: The Biden administration might be limiting China's ability to manufacture advanced chips, but according to an independent think tank, the Asian nation is still ahead of the US when it comes to research in 37 out of 44 crucial and emerging technologies, including AI, defense, and key quantum tech areas.
What just happened? In a situation thought to be unprecedented in peaceful times, the US military has shot down a fourth flying object over North American airspace this month. The latest target, described as an octagonal structure with strings but no payload, was shot over Lake Huron in Michigan at 2.42 pm local time on Sunday following orders from President Biden.
In brief: While the US has further tightened restrictions on chip-related exports to China recently, there are some entities in the country that have been on an export blacklist for decades. One of these is China's top nuclear-weapons research institute, but that hasn't stopped it from regularly buying Intel and Nvidia hardware.