news and current affairs.
Trump's America attempts to seize control of TSMC
Commerce Secretary Howard Lutnick announced the Trump administration plans to implement a chip subsidy-for-equity model for CHIPS Act recipients. The government would acquire ownership stakes from companies receiving federal grants rather than providing free subsidies. Intel serves as the primary example, with officials negotiating a 10 percent government stake in exchange for its substantial CHIPS Act funding. Samsung and Micron also face potential equity requirements under this new framework. The policy aims to return taxpayer investments directly to government coffers. TSMC confronts the most complex situation among targeted semiconductor companies due to geopolitical sensitivities surrounding Taiwan. Taiwanese media outlets express...
After six years, Team Cherry finally admits Silksong is real
Team Cherry revealed the launch date for Hollow Knight Silksong during Gamescom 2025 after six years of development. The metroidvania sequel arrives September 4, 2025 across multiple platforms. Players will access the adventure on PC, PlayStation consoles, Xbox systems, Nintendo Switch, and Nintendo Switch 2. The developer broadcast attracted over 250,000 viewers who witnessed the announcement. Fans no longer need to speculate about potential reveals at future gaming events. The presentation featured gameplay footage showcasing boss encounters, enemy types, and new regions within the hand-painted world. Team Cherry's reveal ends years of anticipation and provides a concrete target date. The September launch gives players a definitive...
Funcom offers scraps, sells The Lost Harvest to Dune players
Funcom delivers the second story chapter for Dune Awakening as a free update on September 10, 2025. The company simultaneously launches paid downloadable content titled The Lost Harvest for $12.99. Players can access a limited trial version through August 24, offering ten hours of gameplay in Hagga Basin. The trial restricts access to certain regions like Harko Village and Arrakeen but allows progress transfer upon purchase. Chapter 2 provides character appearance modifications, fresh hairstyles, tattoos, contracts, encounters, and armor types for all players. The Lost Harvest expansion delivers the Treadwheel vehicle, three Imperial Testing Stations, five base decorations, and weapon skins. Season Pass holders receive this content...
Vampire Survivors creators now killing bricks at Gamescom
Doonutsaur's Kill the Brickman received publication backing from Poncle during Gamescom 2025. The developers of Vampire Survivors made this announcement while simultaneously releasing the game across PC and Xbox platforms. This brick breaker variant combines turn based mechanics with roguelike elements and bullet building features set in space. Steam codes were distributed during the live announcement trailer, attracting viewers who claimed them quickly. The game costs $4.49 during its launch promotion, which expires on August 28, 2025. Regular pricing returns to $4.99 after the promotional period ends. Luca Galante, Poncle's director, discovered the project when Doonutsaur sent it via email. He expressed enthusiasm for the unusual...
MSI drops MLG edition RTX 5070 Ti motherboard, AIO case, and peripherals
MSI announces comprehensive hardware collection featuring the MLG aesthetic theme. The company draws inspiration from Mo-Loong-Gi, representing the Dragon Princess character from Chinese mythology. Bold red accents define the visual design across all components. The series targets gaming enthusiasts seeking coordinated system builds. MSI expands beyond the original 2023 RTX 4060 Gaming X model. The new lineup features the GeForce RTX 5070 Ti graphics card with signature styling elements. A B850 motherboard provides 14+2+1 phase power delivery for AMD processors. The Coreliquid A17 liquid cooler offers 360mm radiator capacity with RGB lighting. An 850-watt power supply achieves 80 Plus Gold efficiency certification. The PANO 130R...
JPMorgan says Intel should stick to older chip nodes to revive its foundry business
JPMorgan analysts dismiss concerns about Intel threatening TSMC through foundry business revival. The investment bank argues that Intel competition would benefit TSMC by reducing monopoly accusations against the Taiwanese manufacturer. Government scrutiny often targets dominant market players, making shared leadership advantageous for TSMC. Intel requires consistent manufacturing execution across multiple processes to convince major clients like NVIDIA and Apple. The bank suggests Intel pursue older chip technologies rather than cutting-edge processes. Cash flow management presents greater challenges than capital availability for Intel's turnaround efforts. The company recorded negative $15.7 billion free cash flow during fiscal 2024...
BofA warns US plan for $11B Intel stake risks shareholder dilution
Bank of America maintains its Neutral rating on Intel shares with a twenty-five dollar price target. Analysts expect the stock to remain within current trading ranges pending clearer manufacturing developments, particularly regarding 18A process yields and customer validation efforts. The government plans to convert existing grants into an eleven billion dollar equity stake representing ten percent ownership. This conversion involves the 7.9 billion dollar CHIPS Act funding and three billion dollars from Pentagon security programs. Treasury Secretary Scott Bessent's recent statements align with this ownership percentage. The arrangement provides Intel advantages through enhanced domestic manufacturing appeal for semiconductor customers...
China's big tech cuts NVIDIA H20 AI chip orders after US insult and probe
Beijing addresses growing concerns about domestic dependence on American artificial intelligence technology. Chinese technology companies have reduced orders for NVIDIA's H20 processors or canceled them entirely. The nation's Cyberspace Administration launched investigations into potential security vulnerabilities within these semiconductor products. Recent statements by US Commerce Secretary Howard Lutnick prompted this response after he suggested making Chinese developers reliant on American technology. Senior Chinese officials viewed these remarks as offensive and encouraged local firms to pursue alternative solutions. Major Chinese corporations report substantial decreases in H20 chip procurement while others have eliminated orders...
Samsung weighs Intel stake to align with Trump chip push after Softbank deal
Samsung examines potential equity stakes in Intel amid President Trump's domestic semiconductor initiatives. The Korean technology company seeks alignment with White House efforts to strengthen American chip manufacturing capabilities. Intel remains the sole US firm capable of advanced semiconductor production at scale. Reports suggest Samsung views this investment as a pathway to demonstrate commitment to Trump's industrial policies. Such moves could establish stronger partnerships between the companies. Intel shares experienced volatility following SoftBank's two billion dollar commitment to the struggling manufacturer. Market concerns persist regarding potential equity dilution from CHIPS Act conversions and slow demand for...

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