Semiconductors

America is trying to create a chip industry through isolation and protectionism, when what allowed it to emerge in Asia is the opposite: collaboration.

The US president has said he will unveil new tariffs targeting some electronics.

The new rules are intended to make sure the "the world's AI runs on American rails", and stays out of the hands of "malicious actors", say officials.

The announcement was part of Mr Huang's address at CES, an annual technology show in Las Vegas.

US giant Vishay's investment follows its £142m purchase of former Newport Wafer Fab plant last year.

Catastrophic flooding decimated towns, destroyed roads and cut off power in the US's south-east.

Huge, tiny or incredibly flat, advanced mirrors are essential to high-tech machines.

The sell-off came after a report that the US may further tighten rules on equipment exports to China.