Author name: Sajid Patel

ASML’s orders fall short amid AI demand concerns, as CEO warns of tariff uncertainty

ASML’s orders fall short amid AI demand concerns, as CEO warns of tariff uncertainty

ASML Holding reported orders for the first quarter that were almost €1 billion less than expected and warned that it did not know how to quantify the impact from recent tariff announcements, which are threatening to upend the semiconductor industry. The Dutch company, which counts Taiwan Semiconductor Manufacturing Company and Intel among its biggest customers, […]

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EVs | Xpeng’s X9 electric van eyes Europe sales in July after outselling Toyota Alphard in China

EVs | Xpeng’s X9 electric van eyes Europe sales in July after outselling Toyota Alphard in China

Chinese premium electric vehicle (EV) maker Xpeng introduced the latest version of its X9 multipurpose vehicle for the local market and aimed to launch it in Europe from July as part of its drive to quadruple its sales in export markets. The all-electric seven-seater vehicle will enter the mainland market with a starting price of

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China’s DHgate e-commerce app rises in US app store rankings amid Trump tariffs

China’s DHgate e-commerce app rises in US app store rankings amid Trump tariffs

US internet users are rushing to download a Chinese e-commerce app amid an escalating tariff war between the world’s two largest economies, after videos showing ultra-cheap, made-in-China knock-off designer items went viral on TikTok. DHgate, known as Dunhuang in Chinese and dubbed the “Little Yellow App” by shoppers, climbed to second place in the free

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Tech war: Huawei launches new AI architecture said to rival Nvidia’s products

Tech war: Huawei launches new AI architecture said to rival Nvidia’s products

China’s Huawei Technologies has launched a new artificial intelligence (AI) infrastructure architecture that is reportedly set to rival US chip giant Nvidia’s offerings in addressing computing power bottlenecks. Introduced last week, the CloudMatrix 384 Supernode was described as a “nuclear-level product” that matched Nvidia’s NVL72 system in alleviating computing bottlenecks for AI data centres, STAR

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China AI unicorn Zhipu eyes IPO filing this year after DeepSeek’s success

China AI unicorn Zhipu eyes IPO filing this year after DeepSeek’s success

Zhipu AI, a Beijing-based artificial intelligence (AI) unicorn born out of China’s prestigious Tsinghua University, has filed pre-initial public offering (IPO) documents with China’s securities regulator as it eyes a public listing as soon as 2026 amid an increasingly competitive domestic landscape. The 6-year-old company submitted the tutoring documents to the Beijing Securities Regulatory Bureau

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Nvidia says it will build up to US0 billion of AI gear in US

Nvidia says it will build up to US$500 billion of AI gear in US

Nvidia, the dominant player in chips for artificial intelligence models, plans to produce as much as half a trillion dollars’ worth of AI infrastructure in the US over the next four years through manufacturing partnerships. Production of Nvidia’s latest generation AI chip, known as Blackwell, has begun at Taiwan Semiconductor Manufacturing Co’s new plant in

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Meta chief Mark Zuckerberg testifies at landmark US antitrust trial

Meta chief Mark Zuckerberg testifies at landmark US antitrust trial

Meta Platforms chief and co-founder Mark Zuckerberg took the stand on Monday in a landmark US antitrust trial in which his social media juggernaut stands accused of abusing its market power to acquire Instagram and WhatsApp before they could become competitors. The start of the trial in a Washington federal court dashed the hopes of

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China’s largest iPhone factory resumes hiring after Trump spares electronics from tariffs

China’s largest iPhone factory resumes hiring after Trump spares electronics from tariffs

Apple supplier Foxconn Technology Group has resumed recruitment at the world’s largest iPhone factory, located in the central Chinese city of Zhengzhou, following a brief suspension after US President Donald Trump imposed new tariffs on Chinese goods earlier this month. Several jobseekers and a company manager at the Zhengzhou facility, who spoke on condition of

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Hutchmed weighs cancer drug’s supply-chain options amid US-China trade war

Hutchmed weighs cancer drug’s supply-chain options amid US-China trade war

Hutchmed (China) is evaluating supply-chain options for a blood-cancer drug recently approved by Beijing to mitigate impact from the ongoing US-China trade war, according to its chief. Last month the company won conditional nationwide approval from China’s National Medical Products Administration (NMPA) to sell tazemetostat, after it completed a phase two bridging study involving 42

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Meet Peng Zhihui, the latest young robotics star to catch the Chinese premier’s attention

Meet Peng Zhihui, the latest young robotics star to catch the Chinese premier’s attention

Peng Zhihui, founder of humanoid robot start-up AgiBot and a former “genius recruit” at Huawei Technologies, has become the latest young tech entrepreneur to attend a meeting with Chinese Premier Li Qiang, who called for the private sector to remain resilient amid external challenges. Born in 1993, Peng was among seven industry representatives who took

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