Semiconductors

Nexperia chips are vital in car production and there were concerns from manufacturers about the damage a shortage could have.

EU-China chip disputes alarmed carmakers amid concerns it could halt global car productions

Fresh from $5 trillion valuation, global chips giant Nvidia has signed deals with LG, Hyundai and Samsung

The move, which is aimed to protect supplies of technology, could raise tensions between the EU and China.

Beijing has urged local firms to use homemade chips. But is China ready to turn away from Nvidia?

The move blocks TSMC from shipping US-made tech to its facility in China.

The potential deal could involve swapping government grants for shares in the chip making giant.

The announcement comes hours after reports that the White House is in talks over taking a 10% stake in Intel.