➀ TSMC, the world's leading contract chipmaker, announced a suspension of production for advanced AI chips for Chinese customers; ➁ The suspension is in response to a U.S. Department of Commerce directive; ➂ The directive is pending an investigation into potential violations.

➀ Intel is expected to announce a $3.5 billion military foundry contract; ➁ The contract is part of the Secure Enclave program administered by the US Department of Commerce; ➂ The contract shows the US government's confidence in Intel's ability to regain cutting-edge chipmaking capability.