News Snapshot:
Tensions created by the U.S. trade sanctions likely forced TikTok owner ByteDance to form a business partnership with Broadcom as the Chinese internet company reportedly seeks to develop an AI chip. It is said that this particular chip will be mass produced on TSMC’s 5nm technology, though it should be noted that any company of Chinese origin is barred from working with the Taiwanese semiconductor manufacturing giant, with Huawei being the most notable entity. ByteDance aims to mass produce an ASIC, which is allowed under the U.S. trade sanctions Just recently, we reported that Washington-based Optica Foundation was forced to...