For years, the assumption underlying US semiconductor export controls was that cutting off China’s access to Nvidia’s most advanced chips would slow its AI development in a meaningful way.
Circuit Fabology Microelectronics Equipment Co., Ltd., known by its acronym CFMEE, has launched a Hong Kong IPO targeting approximately HKD 3.07 billion (around USD 395 million), adding a new name to the growing roster of Chinese semiconductor equipment companies seeking dual listings as the US-China tech war reshapes global capital markets.
A Brookings Institution commentary published on June 17, 2026, reframes the dominant narrative around US chip export controls in a way that should give Washington pause. The piece, written by Mark MacCarthy of the Center for Technology Innovation, argues that the United States has not simply been outmaneuvered by China’s domestic chip industry.
Insilico Medicine, the Hong Kong and China-based AI drug discovery company, has administered the first dose to a human patient in a Phase I clinical trial of ISM8969, a small-molecule NLRP3 inhibitor discovered entirely through artificial intelligence.
Thirty days before the opening of the 2026 World Artificial Intelligence Conference, Shanghai held a countdown press conference that underscored the scale of what the city is preparing to host.
The conventional framing of the US-China AI competition is a race to the frontier: which country can build the most powerful models, attract the most talented researchers, and deploy the most advanced chips. By that measure, the United States retains a meaningful lead.
Stu Clott works in operations management in San Diego and codes on the side. A one-hour coding session on Claude was running him around ten dollars. Switching to DeepSeek brought that cost down to less than fifty cents. “I laugh every time I go see the costs,” he told Rest of World.
Samsung Electronics is receiving a growing volume of advanced chip production requests from BYD, Google, AMD, and Tesla, according to sources cited by Nikkei Asia.
China’s securities regulator has announced a significant expansion of listing eligibility on the country’s premier technology exchange, opening the door to unprofitable companies in artificial intelligence, quantum technology, biomanufacturing, nuclear fusion, and embodied intelligence.
The United States government has quietly approved adding DeepSeek and more than 100 Chinese technology companies to its trade blacklist, but has chosen not to publish those designations, according to a Reuters exclusive citing multiple people familiar with the matter.
