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Business

Eurozone retail sales rebound as euro strengthens against US dollar

Eurozone retail sales rose by 0.1% in July, rebounding from a June decline. The euro strengthened to 1.11 against the dollar, driven by US Fed rate cut speculation ahead of Friday's jobs report.

Economy

China export curbs on semiconductor materials fuel chip shortage fears

These restrictions are speculated to be China’s response to the US export curbs on the sale of advanced semiconductor chips to Chinese companies such as Huawei.

Business

Raspberry Pi shares rise by more than a third on London market debut

Although Raspberry Pi has seen impressive interest in its IPO so far, with its share price soaring just after the launch, the dangers of a post-IPO plunge, like Deliveroo, remain a risk.

Tech News

Can Europe chip away at booming AI semiconductor rivals?

Euronews Next takes a look at the microchip market, how Nvidia got to where it is and what the EU can do to carve out its own niches in this booming industry.

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Business

STMicroelectronics gets €2 billion grant as EU ramps up chipmaking

The move is the latest step in the EU’s strategy to boost chip manufacturing on the continent and reduce reliance on China.

Business

ASML and Eindhoven Tech University launch semiconductor agreement

Europe’s most valuable tech firm is working with a Dutch university to bolster chipmaking capabilities following threats of relocation.

Business

British tech company Raspberry Pi eyes London float in boost for City

Raspberry Pi’s listing could bring a much needed boost for the UK stock market, which has seen an exodus of companies in the last few months.

Business

TSMC surpasses profit forecasts as it rides high on surging AI demand

The world’s largest chipmaker recorded a rise in first-quarter income and revenue, driven by demand for AI-related chips.

Markets

ASML results spook market as sales drop below expectations

Net sales for the Dutch semiconductor firm seen as disappointing, coming in at 21.6% lower than predicted.

Business

Intel gives Nvidia run for money with new Gaudi chip

Intel has become the latest tech company to release its own artificial intelligence chip, in an attempt to weigh in on the AI boom.

Tech News

Google introduces new Axion Arm-based chips

The new Axion Arm-based chips will be available later this year, Google said.

Economy

Taiwan quake: Europe trembles over semiconductor supply

Taiwan's 3 April earthquake has led to increased calls for Europe to reduce dependence on Taiwanese semiconductor chips.

Business

China chips away at use of Intel and AMD units in government computers

The step comes as Beijing adopts new rules to replace foreign technology with its own.

Business

Samsung shares rise on hopes of Nvidia using its new-gen memory chips

Samsung could be joining the likes of SK Hynix, the world’s second biggest memory chip producer, as one of Nvidia’s suppliers.

Tech News

South Korea, Europe to strengthen cooperation on 6G, chips research

This month's meeting is the second held under the Digital Partnership launched in 2022.

Economy

China's semiconductor production challenges could be a boon for Europe

Ageing technology and COVID-19 belt tightening are some of the challenges faced by China in its race to achieve semiconductor independency.

Business

Dutch government tries to stop ASML from moving out

The Netherlands is increasingly tightening its anti-migrant position. That could push out its largest company, ASML, because of its high dependence on foreign talent.

Tech News

US to provide hundreds of millions to support computer chip production

The Biden administration announced hundreds of millions of dollars to expand semiconductor factories in the United States.

Markets

Nvidia revenue triples on Artificial Intelligence chip rally

Tech giant Nvidia posted record fiscal third-quarter 2023 revenue this week following robust chip demand. Here's why it is the company investors all want a slice of.

Tech News

US government takes steps to prevent semiconductor sales to China

The Biden administration is trying to counter the use of the chips for military applications that include the development of hypersonic missiles and AI.