President says there will be some flexibility with semiconductor tariffs

Additional controls were due to come into force this week

Company had previously disclosed plans to pass on tariff-related costs to customers

But report claims it is merely an upgrade of an existing facility

Police investigating whether servers containing restricted chips had been diverted from official destination

Earthquake hit southern Taiwan just after midnight

Restricted companies accused of posing a risk to US national security

Will seek to prohibit access to advanced AI chips and AI model weights

Industry groups warn of "significant adverse consequences" if the legislation is rushed through

The Chinese-government backed parent company has been accused of asset stripping and IP transfer during its time as owners

Would make TikTok’s parent company one of Nvidia’s biggest customers

Second time explosive materials have been found at the site

Second technical problem to hit the company in a month

Decision affects advanced AI chips

Company received a “significant reduction” in the penalty due to its cooperation

Updated law now includes penalties for those accused of leaking ‘work secrets’

Will go into effect on January 2, 2025

Reports suggest Sophgo ordered chips matching ones found on Huawei’s Ascend 910B

Company said it “proactively communicated” with the government when order was received

Questions over whether company has produced chips for sanctioned Huawei

Country aims to remove 70 percent of foreign-made technology from manufacturing operations by 2030

Follows similar move made by other countries

Chinese officials have reportedly claimed access to minerals could be restricted

Prime Minister Dick Schoof unlikely to renew licenses when they expire at the end of the year