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Apple seeks White House clearance to source chips from blacklisted CXMT
technology23 days ago

Apple seeks White House clearance to source chips from blacklisted CXMT

Apple is lobbying U.S. authorities for a license to buy memory chips from ChangXin Memory Technologies (CXMT), a Chinese firm designated by DoD as a Chinese military company and added to the Commerce Department’s Entity List. The move, reported by the FT, aims to ease rising memory-chip costs that have contributed to higher iPad and Mac prices, with Apple said to have engaged the White House and other administration channels while licensing remains unlikely.

Oil surge, higher yields weigh on markets as Iran tensions persist
business2 months ago

Oil surge, higher yields weigh on markets as Iran tensions persist

Global markets fell Friday as oil surged and long‑term U.S. bond yields climbed amid Iran tensions and tepid progress from Trump’s China trip, with the S&P 500, Nasdaq and Dow down and mortgage rates near 6.65%. Investors worry about inflation and the Fed path, while European and Asian yields moved higher on energy concerns; no major Beijing deliverables or Hormuz breakthroughs emerged, and a Boeing–China deal remained uncertain.

Open Strait, Guarded Interests: China’s nuanced take on Hormuz
asia-pacific2 months ago

Open Strait, Guarded Interests: China’s nuanced take on Hormuz

China wants the Strait of Hormuz to stay open for traffic and energy flows, but not at the cost of its energy security or allowing Iran to gain leverage. Beijing favors a regional mechanism that could charge a non-toll-like environmental fee, avoids a blockade, and opposes any Chapter VII move that could authorize force against Iran. GCC states such as the UAE and Bahrain oppose giving Iran more influence and would prefer the US to resume pressure or bombing Iran. Beijing is wary that upheaval in Iran could threaten its energy security, as seen in Venezuela-like scenarios, so China remains cautious about UN resolutions and broader enforcement measures in Hormuz.

Chip Stocks Pull Back After Summit Yields No Big Tech Deals
business2 months ago

Chip Stocks Pull Back After Summit Yields No Big Tech Deals

Chip stocks slipped after the U.S.-China summit ended without major technology deals, signaling cautious investor sentiment toward the sector even as a handful of tech names showed mixed moves during the session; broader semiconductor-related instruments traded lower in a risk-off atmosphere as markets digested limited progress and potential policy implications.

No Women at the Table: Critics Decry a Masculine Moment in US–China Talks
world2 months ago

No Women at the Table: Critics Decry a Masculine Moment in US–China Talks

Photos of the Xi–Trump meeting in Beijing showed no women at the negotiating table, prompting critics like Harvard’s Gita Gopinath and Stanford’s Halima Kazem to say it signals a masculine, militarized, and exclusionary form of diplomacy. They note a regression from Obama-era meetings that included women and argue women’s voices are being sidelined in shaping global order. The visit did feature women in supporting roles (Lara Trump, Jane Fraser, Dina Powell McCormick), underscoring an uneven, ongoing dynamic in high-level diplomacy.

CAST boycott at NeurIPS underscores widening US-China AI rift
technology3 months ago

CAST boycott at NeurIPS underscores widening US-China AI rift

China’s state-backed CAST is boycotting NeurIPS 2026 over a policy that would bar researchers from certain Chinese institutions; NeurIPS later apologized and narrowed the ban, but CAST says funding for attendees will be redirected and NeurIPS papers discounted in evaluations. The dispute highlights a growing split in AI research between the US and China, with China already leading AI publications and authorship at NeurIPS, and analysts saying the move signals China’s intent to pursue AI more independently if Western venues are not welcoming, though it remains unclear how many researchers will actually withdraw.

US Pushes Allies to Cut China's Grip on Rare Earths Amid Market Risk
world6 months ago

US Pushes Allies to Cut China's Grip on Rare Earths Amid Market Risk

The United States is pressing its G7 partners and other major economies to accelerate cutting reliance on China for rare earths and other critical minerals, citing strategic and market risks. Treasury Secretary Scott Bessent plans to push the issue with finance leaders, while China’s grip has already seen export restrictions that heighten Western supply concerns. A recent Australia deal aims to ease Beijing’s control via an $8.5 billion project pipeline, but there is currently no joint action expected, with progress described as ongoing but not solved.