Business

The US-China tech war is really heating up-

Though PC Gamer is first and foremost a website dedicated to PC gaming and hardware, we’ve been covering the escalating technology and chipmaking dispute between China and the US and its allies. Whether it’s the blocking of vital chip making equipment, or banning of the sale of certain AI chips, this latest act in the tit for tat tech dispute could directly affect how much we pay for our rigs.

Following the new US proposal to ban the sale of Nvidia’s most advanced AI chips to Chinese businesses, China has announced new controls on the export of various gallium and germanium materials and products. According to Bloomberg, these controls will come into effect on August 1. Companies exporting the metals must apply for licenses and provide information about who they’re selling to and what the metals will be used for.

The reason for the controls are to “safeguard national security and interests” according to a statement released by the Ministry of Commerce of the People’s Republic of China.

These metals are vital to the manufacturing of semiconductors. Germanium was a critical component of early transistor design before being replaced by silicon, though it’s seeing a resurgence when combined with silicon to produce silicon-germanium alloys. Among other things, it’s also used in the manufacture of high efficiency solar panels, optical fiber, high intensity automobile headlights and the backlights of LCD monitors.

According to Bloomberg, 94% of the world’s gallium production comes from China. Gallium is much more relevant to chip manufacturing, but it’s also an important component of mobile phones, wireless communications products and notably, blue LEDs. 

China is by far the largest producer of both metals, though this position is more about cheaper production costs than the abundance of the metals themselves. Christopher Ecclestone, principle at Hallgarten & Co. told Bloomberg: “When they stop suppressing the price, it suddenly becomes more viable to extract these metals in the West, then China again has an own-goal.”

Though China is not blocking export of the two metals, It remains to be seen what impact this move will have on the wider tech industry. Chip manufacturing is a forward looking process and there will be stockpiles and reserves of important components in case there’s a supply side shock. But these materials are used for more than just chipmaking, and there’s every chance there will be some ripple effects and price hikes on some products in the months ahead.

One thing we can be sure of: this tech war has the potential to escalate a lot further. Advanced technologies including AI, quantum computers and sub 1nm nodes contain secrets that countries do not want to share.

Related Posts

DOJ Drops Claims TikTok Misled Consumers

The U.S. Justice Department won’t pursue allegations that ByteDance Ltd.’s TikTok misled U.S. consumers about their data security in a forthcoming suit accusing the company of children’s privacy violations, according to people familiar with the decision.

The department is preparing to file a consumer protection lawsuit against TikTok later this year on behalf of the U.S. Federal Trade Commission (FTC), which investigated the case, according to the people, who asked not to be identified discussing interagency communications.

The FTC gave the Justice Department a referral with two parts. The Justice Department plans to drop one part of the complaint alleging that TikTok deceived U.S. consumers by failing to inform them that Beijing-based employees of its parent company, …

No halt to sale of wheat & rice by FCI

The government will continue to sell surplus grain stock in the open market to control rise in cereal inflation, a senior food ministry official on Wednesday said, adding that it has more than double grain stock to carry out market intervention programme.

“Through open market sale scheme (OMSS)of wheat and rice, we are aiming at controlling cereal inflation to the maximum possible extent,” Ashok Meena, chairman and managing director, Food Corporation of India (FCI) said in a briefing.

On January 1, FCI had rice and wheat stocks of 34.49 million tonne (MT) while 33.27 MT of rice is yet to be receivable from millers. Total foodgrains stock is against the buffer of 21.04 MT.

Market rally leads to higher regulatory fees for stock exchanges Is the world prep…

Sanofi India surges nearly 4% after tie-up with Cipla – Here are all other details

Sanofi India shares surged nearly 4% to an intra-day high of Rs 7,999 after the company tied up Cipla to distribute its central nervous system (CNS) medication in India. Sanofi joined hands with Cipla to use its extensive distribution network in the country. However, Sanofi will be retaining ownership, import, and manufacturing of the CNS portfolio. 

“As a part of this partnership, Cipla will be responsible for the distribution of Sanofi India’s six CNS brands including Frisium, a leading brand in the anti-epileptic medication category,” Sanofi said in an exchange filing. 

“Enhancing access to high-quality treatments is central to our purpose of ‘Caring for Life’Come from

Rating- BUY – Stagnant to modest growth for Tata Power

By Nuvama Research

In Q2FY24, Tata Power (TPWR) recorded a consolidated PAT of Rs 8.75 billion (after minority interests), reflecting a 7% y-o-y increase. The decline in coal profits was mitigated by positive developments such as (i) CGPL turning PAT positive (operating under Sec-11), (ii) higher PAT in solar EPC/Odisha discom, and (iii) reduced losses in Tata Projects.

While we acknowledge Tata Power’s commendable progress in the renewable energy transition, with green earnings expected to surpass coal/thermal by FY27–28, the company faces near-term growth limitations. Our assessment suggests limited upside potential, even in our Bull case scenario, which factors in (i) CGPL’s Sec-11 benefit persisting indefinitely, (ii) $130/T of…

Take-Two Wins NBA 2K Lawsuit Involving LeBron James' Tattoos

Take-Two Interactive has won a case regarding its depiction of LeBron James’ tattoos in NBA 2K. While James himself was not involved in the case, his tattoo artist, Jimmy Hayden, was.

Hayden sued Take-Two by alleging that the use of James’ tattoos in NBA 2K violated his rights as he was not compensated despite being the one who inked them onto the basketball star. However, an Ohio federal jury rejected those allegations. Since Take-Two had an agreement to use James’ likeness in the game, the studio also had an implied license to also depict those tattoos onto his character.

As a result, the jury determined that Hayden’s rights were not violated. Take-Two’s attorney, Dale Cendali of law firm Kirkland & Ellis, praised the decision. She told Reuters that it was an important…

The Legend Of Zelda- Tears Of The Kingdom Sold Over 10 Million Copies In First Three Days

Nintendo has revealed that Zelda: Tears of the Kingdom sold over 10 million copies worldwide during its first three days of release. This makes the game the fastest-selling entry in the history of the franchise.Come from Sports betting site VPbet

Over in the Americas, over 4 million copies of the game were sold and it’s also now the fastest-selling Switch game and fastest-selling Nintendo game for any system in that territory. Additionally, around 2.24 million copies of the game were sold in Japan.