Shortly after Nvidia CEO Jensen Huang left China following a delegation led by US President Donald Trump, Beijing officials swiftly announced a meeting with Advanced Micro Devices (AMD) CEO Lisa Su, drawing market attention to a possible shift in the atmosphere surrounding US-China AI chip cooperation.

Analog Devices Inc. is in advanced talks to acquire Empower Semiconductor for about US$1.5 billion in cash, Bloomberg reported, citing people familiar with the matter. A formal announcement could come as soon as Tuesday. The deal has not been finalized and could still fall through.

Taiwan’s Ministry of Economic Affairs has awarded subsidies to three research and development projects, approving NT$100 million (US$3.16 million) for Solomon’s humanoid robot Vision-Language-Action technology on May 18. The grants were approved at the sixth final review meeting of the ministry’s A+ Enterprise Innovation R&D Tempering Program, which helps companies share R&D costs and risks through expert review and direct funding.

Rising memory prices are squeezing the smartphone OLED panel market. Chinese suppliers are feeling it more than their Korean rivals, as handset makers scale back production plans.