Chinese multinational walks back plans to spin off its cloud business as US chip restrictions take hold.
TSMC and UMC are building up their production bases abroad.
Indian conglomerate will spend around $1.5bn on its fledgling data center business over the next three years.
Prime Minister Antonio Costa resigned this week amid a probe into possible government corruption.
Two Portuguese data center executives were reportedly detained amid a government corruption probe.
Funds will reportedly be split between mass-produced and cutting-edge chips.
The impending layoffs suggest the startup is bracing for the impact of the US blockade.
Pay attention to these four notable directives in Biden's AI Executive Order.
