Taiwan has placed China’s Huawei Technologies and Semiconductor Manufacturing International Corporation (SMIC) on its export control list, grouping them with proscribed entities such as the Taliban and al Qaeda, according to a recent report by Reuters.

Intel has announced on April 14, that it will sell a 51 percent stake in its Altera semiconductor division to private equity firm Silver Lake, in a deal that values the business at $8.75 billion. 

The suit alleges that the world's largest contract manufacturer of chips -- used in everything from Apple iPhones to Nvidia's AI hardware -- unfairly favors Asian staff in terms of hiring, firing and working standards.

The US government has recently announced an investment of approximately $825 million to establish a new semiconductor research and development (R&D) facility at the Albany NanoTech Complex in New York.