BRICS chairship passes to China as PM Modi extends best wishes; calls for "concrete results" in grouping’s third decade
September 13, 2026
tribuneindia.com
The US is banning some major US chipmaking companies from building "advanced technology facilities" in China, the Biden administration has announced (opens in new tab) . The ban will apply to any company that receives funding as a part of the CHIPS and Science Act, which was approved by the US Congress in August (opens in new tab) , and will last for 10 years. This act aims to increase domestic manufacturing of semiconductors with an influx of $50B across companies that apply. More than half of those funds are headed to cutting-edge facilities for today's top chips, though a…
