Legislation aims to clamp down on the smuggling of advanced chips to China

Reversal follows meeting between President Trump and Nvidia CEO Jensen Huang

Cuts follow comments from Intel CEO saying chipmaker is no longer a top 10 semiconductor company

Convicted of computer intrusion and illegally providing technical assistance to Russia

Number of startups using Arm chips has also increased 12-fold

Paris-based company claims its chip delivers a 10x lower energy consumption than leading GPUs

Offerings will be available from July 25

Chip will be available for sampling in 2026

Transaction expected to close in second half of 2025

Financial terms of the deal have not been disclosed

Draft rule first step to replace the scrapped Biden-era AI Diffusion Rule

Taiwanese chipmaker hopes US expansion will soften impact of potential semiconductor tariffs

Hosted by Hydra Host

Equipment still not installed at the site

Plus, Australia’s national science agency claims first use of quantum machine learning to make chips

Solution will be assembled, tested, and deployed in the US

Bill currently being debated back in US House of Representatives

Company says it was approached by interested parties in previous funding round

Move comes two months after Cassidy was appointed to Microchip’s board of directors

Regulatory body reportedly seeking more information about the deal

Also this month, Chai AI announces $20m expansion of its in-house compute cluster

Man taken to hospital in “serious condition” after accident

Design changes and staff turnover attributed to production push back

Site will be open to external customers across both academia and industry