Alan Hsu is the first person ever charged and convicted in an "AI diversion" case, said Nicholas Ganjei, the U.S. attorney for the Southern District of Texas.

Powerful Nvidia computer-processor chips have become highly prized amid a global race for supremacy in artificial intelligence.

So, China’s got this new quantum computer chip, right? It’s called Zuchongzhi 3, and apparently, it’s a pretty big deal. They’re saying it’s way faster than even the best regular supercomputers out there for certain jobs.

Chinese semiconductor stocks are getting a boost from hopes that more of the chips used in China will be made locally. Shares of companies across the semiconductor supply chain were leading gains in Hong Kong and China on Friday. Analysts said the gains ...