Chinese chipmaker Yangtze Memory Technologies Corp has asked American employees in core tech positions to leave, as it rushes to comply with the new U.S export restrictions.

American workers hold key positions throughout China's domestic chip industry, helping manufacturers develop new chips to catch up with foreign rivals. Now, those workers are in limbo under new US export control rules that prohibit US citizens from supporting China's advanced chip development.

ASML told its employees in the US to refrain from servicing customers in China following new regulations from the Biden administration, according to an internal email sent to staff.

US chip toolmaker KLA will cease offering some supplies and services from Wednesday to China-based customers including South Korea's SK Hynix in compliance with recent US regulations, a source familiar with the situation said on Tuesday.

The US Department of Commerce (DoC) added limits on exports of chips and related production tools to China, citing national security concerns. Following the announcement, US Senate Majority Leader Chuck Schumer noted he is pressing for further restrictions.

The US Department of Defense (DoD) is Intel Foundry Services' (IFS's) "No. 1" customer, IFS president Randhir Thakur told EE Times, noting that IFS plans to be part of the DoD state-of-the-art heterogeneous integrated packaging (SHIP) program. That program will necessitate deep knowledge of gate-all-around (GAA) technology facilitating high-transistor-density 3D chips.

Top US lawmakers are urging the Biden administration to put Chinese semiconductor company Yangtze Memory Technologies on a blacklist for allegedly violating export controls by supplying Huawei.

On Thursday, the Biden administration announced the latest in its renewable energy efforts, this time focused on a technology that hasn't really arrived yet: floating offshore wind turbines.

Republican lawmakers have warned Apple that it will face intense scrutiny from Congress if the California company procures memory chips from a controversial Chinese semiconductor manufacturer for the new iPhone 14.

The US government is loosening restrictions on the sharing of technology with blacklisted firms, seeking to maintain America's lead in setting international standards as China closes the gap.

The Biden administration plans next month to broaden curbs on US shipments to China of semiconductors used for artificial intelligence and chipmaking tools, several people familiar with the matter said.

A Reuters review of more than a dozen publicly available government tenders over the past two years indicated that among some of China's most strategically important research institutes, there is high demand - and need - for Nvidia's signature A100 chips.

EU antitrust regulators will not appeal a court ruling scrapping its EUR997 million (US$991 million) fine against Qualcomm, people familiar with the matter said, in a major win for the US chipmaker that ends a long-running saga.

The US has announced that they will begin formal trade negotiations with Taiwan, weeks after a controversial visit by US House Speaker Nancy Pelosi. The first round of talks is expected to begin in "early fall", said the Office of US Trade Representative.

There are nearly 60 countries that plan to ban the sale of internal-combustion-engine vehicles (ICEVs). There are also more than 45 cities that have ICEV bans or restrictions on future ICEV sales and/or use. In the US, ICEV bans are on the horizon in at least 12 states.

China has begun a series of investigations into key figures responsible for shaping chip policy and investment, raising questions about the impact on Beijing's blueprint for challenging US dominance of a US$550 billion industry.

The US economy has shrunk for the second quarter in a row, a milestone that in many countries would be considered an economic recession.

Inflation, the rate at which prices rise, hit 9.1% in the 12 months to June and increased by 1.3% from May alone, according to the US Department of Labor.

Global exports of semiconductors to Russia have plummeted by 90% since the United States and allies slapped export controls on Moscow over its invasion of Ukraine, US Commerce Secretary Gina Raimondo said on Wednesday.

When the Senate passed a rare bipartisan measure last summer to spend US$52 billion subsidizing computer chip manufacturing and research in the United States, it seemed like an easy legislative priority for both parties. But one year later, the funding still isn't signed into law.

The Biden administration is looking into claims that Yangtze Memory Technologies, a Chinese semiconductor maker, has supplied Huawei with chips, in a potential violation of US export controls.

The Russian Federation government is considering adding chip designers Baikal Electronics and MCST to the list of 'backbone enterprises.' The status will provide Baikal and MSCT with numerous benefits, including subsidies. State aid might help these companies to transition the production of their chips from Taiwan to China. Meanwhile, it is unclear whether fabs like SMIC and Hua Hong are interested in making chips for Russian companies and risk additional sanctions.

Japan will stop exporting semiconductors to Russia next week, joining the US and its European allies in efforts to cripple Russia's military capability.

if the United States were to find that a company like the Semiconductor Manufacturing International Corporation, in Shanghai, was selling its chips to Russia, "we could essentially shut SMIC down because we prevent them from using our equipment and our software."

Italy plans to set aside more than EUR4 billion (US$4.6 billion) until 2030 to boost domestic chip manufacturing as it seeks to attract more investment from tech companies such as Intel, a draft decree seen by Reuters showed on Tuesday.

Micron Technology, the biggest maker of computer memory chips in the US, said the growing crisis in Ukraine highlights the complexity and vulnerability of the semiconductor supply chain. Some of the gases used in the production of chips comes from the country which the US says Russia is invading.

Construction of TSMC's first advanced chip plant in the US is three to six months behind schedule.

Intel is close to buying Israeli firm Tower Semiconductor for about US$6 billion, a source familiar with the matter said, as the US company looks to advance its strategy of contract manufacturing chips for other businesses.

Oil prices jumped Friday after a senior White House official warned that the US believes Russian President Vladimir Putin could order an invasion of Ukraine imminently.

Verizon continues to be a leading corporate buyer of US renewable energy, announcing seven new Renewable Energy Purchase Agreements (REPAs) for an aggregate of approximately 910 megawatts (MW) of projected renewable energy capacity. These agreements position the company to achieve its goal to source or generate renewable energy equivalent to 50% of its total annual electrical consumption by 2025.

Efforts aimed at reviving US semiconductor manufacturing and strengthening technology supply chains advanced this week with the introduction of a catch-all bill that funds "surge production" of US-made chips while investing in broad-based technology R&D.

The head of the World Health Organization on Monday dampened optimism that the pandemic will subside in omicron's wake, noting that global conditions are still ideal for the emergence of new variants.

Manufacturers have seen their stocks of semiconductors plunge amid the global chip shortage, the US Department of Commerce has warned. A survey of more than 150 firms found supplies had fallen from an average of 40 days' worth in 2019 to just five days in late 2021.

China's state-backed Tsinghua Unigroup has scrapped major memory chip projects in two cities as new investors push to turn around the debt-stricken company that has been left reeling from US restrictions on its access to vital technology.

Intel has announced plans for an initial investment of more than US$20 billion in the construction of two new leading-edge chip factories in Ohio.

The chief executives of major US passenger and cargo carriers on Monday warned of an impending "catastrophic" aviation crisis in less than 36 hours, when AT&T and Verizon are set to deploy new 5G services.

The Biden administration is reviewing e-commerce giant Alibaba's cloud business to determine whether it poses a risk to US national security, according to three people briefed on the matter, as the government ramps up scrutiny of Chinese technology companies' dealings with US firms.

Electric vehicle startup Canoo on Wednesday said it was accelerating its production plans in the United States while ending its deal for VDL Nedcar in Netherlands to serve as its contract manufacturer in Europe.

US Commerce Secretary Gina Raimondo discussed chip supply chains during a call with her opposite number in Taiwan and the two will cooperate on technology trade and investment through a newly established mechanism, her office said.

The US has placed a dozen Chinese groups involved in quantum computing and other advanced technologies on an export blacklist, saying they pose a risk of gaining access to critical American technologies for the People's Liberation Army.