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Monday 1 June 2026
US moves to block Nvidia AI chips from reaching Chinese firms overseas

The US Commerce Department has moved to close a potential export-control loophole that may have allowed Chinese technology companies to obtain advanced AI chips, including Nvidia's Blackwell processors, through subsidiaries outside China, according to Reuters

LATEST STORIES
Tuesday 2 June 2026
Analysis: With Xuanji A3, BYD bets on integration over specifications
At a recent product launch, BYD Chairman and President Wang Chuanfu unveiled the company's first in-house autonomous driving system-on-chip, the Xuanji A3, marking a significant milestone in BYD's push toward greater technological self-sufficiency
Tuesday 2 June 2026
SK Hynix reportedly preparing Dalian fab for 200-layer FG NAND to capture AI storage demand
SK Hynix is reportedly preparing to mass-produce a new generation of 200-layer-class NAND flash memory based on floating-gate (FG) architecture at its Dalian Phase 2 facility in China, as the company seeks to strengthen its position in the fast-growing enterprise SSD (eSSD) market for AI data centers
Tuesday 2 June 2026
GCS Shenzhen connects Chinese brands with global markets
Global Connect Show Shenzhen 2026 (GCS SZ 2026) was successfully held on June 1 in Shenzhen, China's innovation hub. Under the theme "Where Global Innovation Meets Market Opportunity," the event brought together more than 80 mainstream technology editors, key opinion leaders (KOLs), channel partners, and business associations from North America, the UK, Europe, and Southeast Asia, alongside over 100 Chinese enterprises expanding into international markets
Tuesday 2 June 2026
China's underwhelming holiday season shows memory hikes still weigh on consumer demand
After sharp swings in the memory spot market in April and May 2026, the industry's tight supply-demand balance has not changed. Spot prices through the end of May have recovered modestly from April, while the third-quarter memory contract price increase is expected to slow from a high base but remain firmly on an upward trend, with quarterly gains likely to stay in the double-digit 10-20% range
Tuesday 2 June 2026
China bars AI as official reason for layoffs, pushing firms to hide cuts and retrain staff
China moved in late 2025 to prohibit companies from citing AI adoption as a reason for layoffs, directing employers to justify any workforce reductions as unrelated to AI, executives said. The policy followed meetings between senior officials and major employers to assess AI's impact on jobs and aimed to avoid social instability as firms accelerate AI deployment
Tuesday 2 June 2026
Naver launches defense AI unit to pursue military data and decision-making market
South Korean internet giant Naver said it has formed a dedicated defense AI organization to pursue military AI transformation, deploy field engineers to client sites, and develop defense-specific AI capabilities. The move was disclosed by South Korean media outlets Seoul Economic Daily and Maeil Business Newspaper, which reported that Naver Cloud has established a "Defense AX Special Task Force" to commercialize AI services for defense customers
Tuesday 2 June 2026
China's weak property market, soft domestic demand and sluggish factory investment keep growth under pressure
China's economy remained under pressure in 2026 as a weak property sector, sluggish domestic demand, and slow manufacturing investment outweighed resilient trade, according to research institutes and market forecasters. Taiwan's Directorate-General of Budget, Accounting and Statistics sharply raised its 2026 growth forecast for Taiwan on May 29, projecting expansion of 9.64% after revising 2025 growth to 8.76%, while S&P Global forecasted China's 2026 GDP at 4.4%, down 0.1 percentage point from its prior outlook
Tuesday 2 June 2026
Pixverse AI exhibits fast, affordable AI video generation; ethical concerns persist
During Global Connect Show (GCS) 2026 in Shenzhen, China, Pixverse AI presented and demoed its AI video platform, reflecting the exceptional rate at which AI video is transforming. According to the Chief Representative of Singapore and Global PR Head at Pixverse AI, Robyn Tan, the platform supports three creation paths: text-to-video, image-to-video, and multi-image cinematic production
Tuesday 2 June 2026
India's chip startups move from design to pilot production, raising stakes for local semiconductor push
India's emerging semiconductor startups are entering a crucial phase as companies such as Netrasemi, Mindgrove Technologies, and Agnit Semiconductors move from research into customer pilots and prepare for larger-scale production. The shift comes as supply-chain constraints and testing risks continue to determine how quickly the sector can scale
Tuesday 2 June 2026
Huawei's Tau Law faces its hardest test: chip yield, not theory
Huawei has introduced Tau Law, a semiconductor design framework built around LogicFolding, as a potential route for China to improve chip performance under US technology restrictions. The idea is to shorten critical signal paths and extend gains as Moore's Law slows, but its commercial value will hinge on yield, cost, and heat dissipation — not theory
Tuesday 2 June 2026
India's corporate giants race to build backbone of its AI economy
India's biggest business groups are ramping up spending on digital infrastructure, with Reliance Industries and Adani Group focusing on data centers, energy, and artificial intelligence. Their plans point to a wider shift in the Indian industry toward building the infrastructure needed for AI domestically
Tuesday 2 June 2026
Chinese brands fight for global trust amidst geopolitical turbulence
Chinese consumer electronics and tech brands have made significant strides in quality and innovation over the past few years, yet trust remains a persistent challenge in Western markets. Ongoing geopolitical tensions and media framing have added further complexity to that dynamic
Tuesday 2 June 2026
Lenovo expands Tianjin AI server hub with 2027 mass production plan
Lenovo Group is stepping up its AI infrastructure push. Lenovo chairman and CEO Yuanqing Yang said on May 28 at the 2026 World Intelligence Expo that the company will invest in Tianjin to build a next-generation AI computing product R&D and manufacturing center, with mass production planned for 2027, as Lenovo seeks a larger share of the AI infrastructure market
Monday 1 June 2026
India's PLI 2.0 rethink signals a harder push into deeper electronics manufacturing
India is reportedly revising its smartphone incentive scheme to raise local value addition above 55%, a move that could reshape the country's electronics strategy. The shift reflects growing concern that the existing system has turned India into an assembly hub without building enough domestic manufacturing depth
Monday 1 June 2026
Nvidia courts Korea's industrial giants ahead of Computex
Nvidia chief executive Jensen Huang's pre-Computex meetings in Taipei are drawing close attention from South Korean companies seeking a bigger role in the global AI supply chain. With demand for AI infrastructure rising, their interest reflects how the next phase of AI development could shape worldwide competition, partnerships, and technology access