Speaking to the Financial Times, Jensen Huang said US export controls introduced by the Biden administration to slow Chinese semiconductor manufacturing had left the Silicon Valley group with "our hands tied behind our back" and unable to sell advanced chips in one of the company's biggest markets.

US regulators said Silicon Valley Bank depositors would be fully repaid as they acted to shore up the banking system after the lender's implosion, unveiling emergency funding measures and closing down a second financial institution.

It's hard to feel sorry for Silicon Valley tech workers. From high salaries and generous stock options to nap pods and unlimited time off, they're among the most privileged class of employees in the world. Conversely, there's no denying that these pampered staffers engineered a technology revolution that's brought untold economic and social value to the entire planet.

TSMC CEO CC Wei said he had never had an auto industry executive call him until the shortage was desperate. "In the past two years they call me and behave like my best friend," he told a laughing crowd of TSMC partners and customers in Silicon Valley recently. One automaker called to urgently request 25 wafers, said Wei, who is used to fielding orders for 25,000 wafers. "No wonder you cannot get the support."

As the country awaits the outcome of the US presidential election, Corporate America is watching closely, especially Silicon Valley.

A Silicon Valley chip startup backed by Microsoft and Dell Technologies has accused a top executive at Huawei Technologies, Deputy Chairman Eric Xu, of participating in a conspiracy to steal its trade secrets, court documents show.

"The suggestion that we were somehow victim of a national conspiracy is wrong. The facts of the matter are that we were robbed by a handful of our own employees based in Silicon Valley, who had broken the law to enrich themselves. All of this occurred several years ago. We found this out by ourselves and immediately sought legal action in public court in 2016. This was reported on in several publications after our victory in November 2018," said ASML president and CEO Peter Wennink.

Amazon does not plan to sell this chip directly to customers, but the decision by one of the world's biggest buyers of computer processors to go the do-it-yourself route is likely to have a major impact on Intel, the iconic Silicon Valley chip maker.

After Imagination Technologies bought MIPS Technologies in 2013, they invested in the architecture and attempted to build a business around it as a potential ARM competitor. These plans largely failed, and Imagination Technologies arranged the sale of MIPS - and itself - to different venture capital firms in the fall of 2017. Now, the company has been brought back to Silicon Valley, where it hopes to build a new line of competitive processors for AI workloads.

Engineers in Silicon Valley are flocking to Munich this week, but not necessarily to attend Nvidia's GPU Technology Conference which opened Tuesday. Globalfoundries is hosting a "rival" - or perhaps a follow-up - powwow, called the Globalfoundries Technology Conference (GTC), later this week in the capital of German automotive industry.

Intel is shedding nearly 140 staff from its Internet of Things business lines. The layoffs were probably inevitable, since during June, Intel discontinued three of its IoT product lines - the Joule, Edison and Galileo compute modules and boards.

The US is poised to weigh in on whether the sale of chipmaker Lattice Semiconductor could pose a risk to national security. The possible rub: While the buyer is a private-equity firm with a Silicon Valley address, the money behind the deal comes from Beijing.

The impact of President Trump's immigration ban on tech companies has been immediate.

Texas Instruments laid off a small but undisclosed number of people mainly in Silicon Valley as part of a restructuring of its Analog and Embedded Processing groups. No products will be eliminated in the reorg.

The MIT team is one of several working on Hyperloop, a vision for rapid travel put forth by Silicon Valley's most interesting man, Elon Musk.

China's Tsinghua Holdings has disclosed an unspecified investment in Marvell Technology Group, a Silicon Valley chipmaker that recently replaced its leadership team in the wake of an accounting investigation and other problems.

Advanced Micro Devices, the struggling computer chipmaker, has long been identified with its sprawling white campus in Sunnyvale, its 1990s-era curved lobby greeting drivers at 1090 E. Duane Ave. But it looks like AMD's days at the 319,000-square-foot campus are numbered. The Irvine Company is in contract to acquire the 32.5-acre site, where the Newport Beach-based developer could build hundreds of apartments, according to multiple real estate sources.

Samsung will have the thinner, 10-nanometer chipmaking technology in production later in 2016. Samsung also announced plans for a new cost-optimized 14-nanometer process as well as a second generation of 10-nanometer technology that it says will offer 10% better performance than the first generation.

Andy Grove, a technology pioneer credited with helping build Silicon Valley, died on Monday, bringing tributes from across the tech industry.

"In the next five years, there will be more innovation, more invention, more entrepreneurship happening in China, happening in Beijing than in Silicon Valley," said Travis Kalanick, CEO of Uber Technologies.

Apple is building a self-driving car in Silicon Valley, and is scouting for secure locations in the San Francisco Bay area to test it. Documents show the oft-rumoured Apple car project appears to be further along than many suspected.

American chip manufacturers argue that, without the trade deal, they will be squeezed out of the growing Asian market for computer chips by competitors in countries like China.

A judge has approved a US$415 million settlement in a Silicon Valley employee hiring case, calling the amount "substantial" to settle claims that Apple, Google, Adobe Systems and Intel conspired not to hire each other's workers.

Four Silicon Valley companies including Apple and Google have agreed to a new settlement that would resolve an antitrust class action lawsuit by tech workers, who accused the firms of conspiring to avoid poaching each other's employees.

TCL said on Tuesday that it had acquired the rights to the Palm name and would "re-create" a new company based in Silicon Valley.

San Diego-based chipmaker Qualcomm is laying off more than 100 workers in San Jose and Santa Clara, according to a recent state filing.

Xiaomi, the fast-growing Chinese smartphone maker, is making its first US investment, as part of a $40m fundraising for internet-of-things start-up Misfit.

Samsung is putting down roots in Silicon Valley.

It's clear Samsung is serious about expanding its footprint in Silicon Valley. In December the Korean company announced it is building a 1.1-million-square-foot R&D center in San Jose and an incubator in Palo Alto. This week it also unveiled a "Strategy and Innovation Center" in Menlo Park, which Sohn oversees.

Samsung Electronics has acquired Nvelo, a Silicon Valley vendor of products for caching data on flash-based SSDs.

OCZ Technology, a provider of solid-state drives (SSD) for computing devices and systems, has signed an agreement with Silicon Valley Bank (SVB) for asset-based financing of up to US$25 million.

Silicon Valley may be an epicenter of the nascent electric car industry, but don't expect the battery revolution to mimic the computer revolution, one of IBM's top energy storage scientists advises.

Pinto is the first CTO to actually relocate to China, which in itself is a watershed event, but also shows how important China is to Applied Materials and the changing landscape of technology investing.

Don't bet on it. The retiring chairman and CEO of National Semiconductor may be taking a break but the industry will still be hearing from him.

Silicon Valley executives are taking a close look at Taiwan's stock markets as a place for raising capital to fuel their growth given the tight US venture capital and public markets

When consolidation comes as the expense of innovation, the results can be toxic.

It wasn't long ago that Silicon Valley's tech industry, whose operations and customers span the planet, was confident its global reach would help it escape the worst of the deep American recession. But that hasn't happened. Instead, the valley's top companies collectively are suffering the biggest slump since the dot-com bust.