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Prime Minister Narendra Modi has announced India's comprehensive strategy to achieve self-sufficiency across defence, semiconductors, and energy sectors as part of a broader agenda to transform the nation into a developed economy within two decades.
Universiti Malaysia Perlis is annually graduating almost 2,000 engineers and graduates to strengthen Malaysia's semiconductor and electronics industries, directly supporting the National Semiconductor Strategy's goal of developing 60,000 skilled workers by 2030.
Samsung Electronics has warned that semiconductor supply shortages will worsen through 2027 and 2028 as artificial intelligence demand remains relentless. The South Korean chipmaker posted a dramatic profit turnaround, with shares surging 8% following its earnings announcement.
Prime Minister Anwar Ibrahim has unveiled a RM5 million initiative aimed at deepening Bumiputera companies' involvement in Malaysia's semiconductor ecosystem, with Penang as a key focus area.
The US Federal Communications Commission voted Wednesday to prohibit sales of devices containing components from Chinese companies deemed security risks, closing a loophole that previously allowed Huawei parts into the market.
Semiconductor stocks have tumbled into bear market territory as investors question the sustainability of artificial intelligence-driven gains that dominated markets through mid-2024, triggering a broad rotation away from high-flying tech positions globally.
Nvidia has eliminated more than half its approved Asian customers for advanced AI chips as the United States strengthens export controls. The screening tightening affects Singapore, Malaysia, and Japan, with many cloud service providers losing access.
Intel is pouring €5 billion into its Leixlip facility in Ireland to ramp up production of advanced AI and computing chips, signalling confidence in European semiconductor manufacturing and creating hundreds of new jobs.
Renewed Middle East conflict sent oil prices soaring and triggered broad weakness in Asian currencies and equities. South Korea's KOSPI fell 8% to a 10-week low, while Malaysia's ringgit weakened despite strong stock gains.