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WorldBusiness

Chip Stocks Fall as Broadcom Chief Warns AI Investment Is Becoming Like Gambling

Global semiconductor stocks fell on Tuesday, October 13, after Broadcom chief executive Hock Tan warned that some investors were making speculative bets on...

CXMT Sues Pentagon Over ‘Chinese Military Company’ Designation
TechnologyBusiness

CXMT Sues Pentagon Over ‘Chinese Military Company’ Designation

China’s leading memory-chip maker, ChangXin Memory Technologies (CXMT), has sued the U.S. Department of Defense over its designation as a company allegedly supporting...

Apple Tests China’s CXMT Memory Chips Amid Global Supply Crunch
WorldBusinessTechnology

Apple Tests China’s CXMT Memory Chips Amid Global Supply Crunch

Apple is testing memory chips from Chinese semiconductor maker CXMT for possible use across products including iPhones and MacBooks, as the company seeks...

China’s CXMT Plans Second Beijing Memory Chip Plant Amid Expansion Drive
WorldBusinessTechnology

China’s CXMT Plans Second Beijing Memory Chip Plant Amid Expansion Drive

China's largest memory chipmaker by market value, ChangXin Memory Technologies (CXMT), is considering building a second memory chip manufacturing plant in Beijing and...