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Europe shouldn’t fear trade war with China, EU agency says

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Economy

Dutch government suspends takeover of Chinese-owned Nexperia

In a major u-turn, the Dutch government has backed away from the chip supplier, which plays a strategic role in Europe’s automotive industry.

Tech News

Nvidia leader calls on Europe to step up in global AI race

In an exclusive interview with Euronews Next, an executive from the chip giant got frank about Europe’s role in the AI race and the technology’s next wave.

Business

EU car production to stabilise after China eases chip export curbs

The move by China’s commerce ministry means European carmakers can now rely on resumed Nexperia chip deliveries, while boosting shares for the chipmakers' parent company, Wingtech Technology.

Markets

Nvidia becomes first company to pass $5 trillion market capitalisation

Nvidia's value is now greater than the GDP of India, Japan and the United Kingdom, according to the International Monetary Fund.

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Business

ASML gains on earnings beat, but warns of China sales decline

ASML shares rose on strong third-quarter results and an upbeat outlook, driven by demand for AI and chipmaking tools, despite concerns over future China sales.

Business

US restricts TSMC chip supply shipments to China as tech race heats up

The Trump administration is revoking TSMC’s licence to ship products freely from the US to China, effective on 31 December.

Business

Japan's SoftBank to buy $2 billion stake in chip maker Intel

The Japanese tech giant has been increasing its investments in the US since the beginning of US President Donald Trump's second term.

Business

Losses and job cuts at Intel as chipmaker drops projects in Europe

Continued lay-offs and further spending cuts are part of the turnaround plan of the US-based chipmaker to save the company's future, as it has just reported further losses for the second quarter of the year.

Business

Samsung expects profit to halve as tariffs and export curbs bite

The South Korean company’s second-quarter operating profit is expected to be less than half of what the company reported last year.

Markets

Nvidia shares surge as earnings beat despite chip export restrictions

Nvidia’s shares surged during extended trading hours as its quarterly earnings surpassed analysts’ expectations. While the China-related impact weighed on results, the company anticipates steady growth in the current quarter due to continued robust global demand for AI.

Business

Samsung sees revenue increase but gives gloomy tariff-related outlook

The firm announced a record quarterly revenue but warned in an earnings call of economic uncertainty ahead, linked to US President Donald Trump's trade policies.

Business

Nvidia expects $5.5bn revenue hit as US curbs chip exports to China

Nvidia shares have fallen more than 5% in after-hours trading after the US said the chipmaker would require a licence to sell H20 chips to China.

Business

ASML misses order expectations as CEO warns of economic uncertainty

ASML reported net bookings that significantly missed analysts’ expectations in the first quarter, although it maintained its guidance for 2025. CEO Christophe Fouquet highlighted uncertainties around the macro environment and downside risks to the company’s performance this year.

Business

Which companies will be impacted by Trump’s semiconductor tariffs?

Companies such as Taiwan’s TSMC and South Korea’s Samsung Electronics may be particularly hit by upcoming US semiconductor tariffs.

Economy

US moves ahead with tariffs - launching pharma and chip investigations

The Trump administration has taken its next steps toward imposing more tariffs on key imports, launching investigations into imports of computer chips, chip making equipment and pharmaceuticals.

Business

TSMC shares soar as semiconductor firm announces surprise revenue lift

The world's biggest contract chipmaker, Taiwan Semiconductor Manufacturing Company (TSMC), recorded a 41.6% year-on-year revenue rise in the first three months of the year.