Tech News
Back to home
Technology

Dutch government takes control of Chinese-owned chipmaker Nexperia

Source

Hacker News

Published

TL;DR

AI Generated

The Dutch government has taken control of Nexperia, a Chinese-owned semiconductor maker in the Netherlands, invoking the Goods Availability Act to ensure chip supply amid global trade tensions. Nexperia, a Wingtech subsidiary, produces chips crucial for European supply chains. The move follows governance concerns and signals of risk to Dutch and European economic security. Wingtech confirmed Nexperia is under external management, with its chairman suspended. The action may strain China-Netherlands trade relations.

Read Full Article

Similar Articles

Tennessee bans crypto ATMs that have become 'payment portal of choice for scammers' — second state to restrict machines after Indiana

Tennessee bans crypto ATMs that have become 'payment portal of choice for scammers' — second state to restrict machines after Indiana

Tennessee has joined Indiana in banning cryptocurrency ATMs due to their association with scams and fraud, with Minnesota considering similar legislation. The FBI has warned of significant losses due to fraud involving these machines. Despite not being inherently fraudulent, cybercriminals exploit crypto ATMs to steal funds from victims who mistakenly believe they offer the same protections as banks. Law enforcement actions against operators like Bitcoin Depot and Athena Bitcoin highlight the growing concerns around crypto ATM scams, leading to increased regulatory measures across states to protect consumers.

Tom's Hardware•
US stops exports of tools to China’s number two chip maker — Hua Hong and Huali Microelectronics reportedly on the cusp of starting a 7-nm fab in Shanghai

US stops exports of tools to China’s number two chip maker — Hua Hong and Huali Microelectronics reportedly on the cusp of starting a 7-nm fab in Shanghai

The US Department of Commerce has instructed toolmakers to cease exports to Hua Hong, China's second-largest chipmaker, which is gearing up to establish a 7-nm production line in Shanghai. This move is part of the US strategy to impede China's semiconductor self-sufficiency efforts. Companies like TSMC and ASML have also faced restrictions in providing advanced services to Chinese tech firms. The ban on exports could strain US-China relations, impacting both Chinese companies' progress and potential losses for American toolmakers.

Tom's Hardware•
Taiwan's stock market surpasses the UK's despite having less than a quarter of the UK's economy — AI boom propels Taiwan forward, TSMC alone accounts for more than 40% of Taiwan's total market value

Taiwan's stock market surpasses the UK's despite having less than a quarter of the UK's economy — AI boom propels Taiwan forward, TSMC alone accounts for more than 40% of Taiwan's total market value

Taiwan's stock market has surpassed the UK's in value, driven by the global demand for AI chips. TSMC alone accounts for over 40% of Taiwan's total market value, with a market cap of around $1.98 trillion. Taiwan's Financial Supervisory Commission has raised the single-stock investment cap for local equity funds, benefiting companies like TSMC. TSMC reported record earnings and plans to expand to meet AI demand. South Korea's market is also thriving, with Samsung and SK hynix leading the charge in the semiconductor industry.

Tom's Hardware•
Intel posts very strong Q1 2026 earnings as the AI boom starts to focus on CPUs

Intel posts very strong Q1 2026 earnings as the AI boom starts to focus on CPUs

Intel's Q1 2026 earnings exceeded expectations, with $13.58 billion in revenue, up 7.2% year over year. The data center and AI divisions contributed significantly to this success, generating $5.1 billion in revenue. Intel's foundry business is gaining momentum, with $5.4 billion in revenue, positioning itself as a strong competitor to TSMC. Recent partnerships with Tesla and Google, along with new hardware releases, have further boosted Intel's performance. The increasing demand for AI-focused CPUs is driving growth for companies like Intel, prompting them to raise chip prices and forecast Q2 revenue of $13.8 to $14.8 billion.

TweakTown•

We use cookies

We use cookies to ensure you get the best experience on our website. For more information on how we use cookies, please see our cookie policy.