Computer Chips

China’s state-backed semiconductor fund is near to closing a 120 billion yuan ($18.98 billion) investment round for a second fund to support the domestic chip sector and help cut reliance on imports amid a bruising trade standoff with the United...

Four former Applied Materials Inc. (AMAT, +2.37%) engineers have been charged with attempting to steal chip designs from the semiconductor equipment company to sell to a Chinese startup.

On Friday, the California-based chip maker GlobalFoundries announced a $10 billion project in China, showing how the center of gravity continues to shift across the Pacific.

The Pentagon’s plan to bring A.I. to the military is taking shape as Chinese researchers assert themselves in the nascent technology field.

U.S. officials blocked the proposed purchase for $2.9 billion of a controlling stake in a unit of the Dutch electronics company Philips by Chinese investors.