U.S.-China tensions could ‘supercharge’ China’s innovation: JPMorgan

An employee works on the production line of semiconductor wafer at a factory of Jiangsu Azure Corporation Cuoda Group. China has stepped up investment into its chip industry in a bid to be self-relian...

China’s electric car companies are safe from the U.S. Nvidia chip ban

Nvidia has found success in China by selling automotive chips to the country’s electric car companies. But the U.S. semiconductor giant has been restricted from sending some products to China. S...

U.S. needs miracle to avoid recession, economist Stephen Roach warns

Negative economic growth in the year’s first half may be a foreshock to a much deeper downturn that could last into 2024. Stephen Roach, who served as chairman of Morgan Stanley Asia, warns the ...

China competitiveness computer chip bill passes Senate, goes to House

The Senate on Wednesday passed bipartisan legislation aimed to help the U.S. compete with China by injecting tens of billions of dollars into the domestic production of semiconductor chips. The bill, ...

Ford’s US sales decline narrows in May amid tight supplies

The Mustang Mach-E is Ford’s first new all-electric vehicle under an $11 billion investment plan in electrified vehicles through 2022. Michael Wayland / CNBC Ford Motor said Thursday that its U....

Why Intel’s CEO was a guest at Biden’s State of the Union address

U.S. first lady Jill Biden and others applaud her guest Intel CEO Patrick “Pat” Gelsinger in the first lady’s box as President Joe Biden mentions Gelsinger during his State of the Un...