Articles Tagged "Geopolitics"

US Confronts ASML Over Suspected EUV Exports to China

US Confronts ASML Over Suspected EUV Exports to China

US Commerce Secretary Howard Lutnick told ASML executives that the Trump administration believes EUV-related chipmaking gear may have reached China in violation of export controls. ASML denies any such transfer and says it has never shipped EUV equipment to China.

Canada Launches $2.3B National AI Strategy

Canada Launches $2.3B National AI Strategy

PM Mark Carney's AI for All commits $2.3 billion to hit 250,000 new jobs and 60% business adoption by 2034 - but critics call it a wish list without hard delivery mechanisms.

ByteDance Plans $70B AI Capex, Tripling Last Year

ByteDance Plans $70B AI Capex, Tripling Last Year

ByteDance is weighing up to $70 billion in AI capital expenditure for 2026, nearly tripling its 2025 spend, while locking in offshore compute and a Qualcomm chip deal to sidestep US export controls as Doubao hits 345 million users.