Shenzhen, home to tech giants and an illicit trade of smuggled chips and stolen iPhones, is clearing out its illegitimate markets ahead of the APEC summit (William Langley/Financial Times)

Malaysia says it seized ~$12.11M worth of AI chips this month, as authorities close in on a syndicate suspected of smuggling through the country's main airport (Rozanna Latiff/Reuters)

S-1: Anthropic says it heavily depends on TSMC chips made in Taiwan and warns of risks from "potential disruption" amid geopolitical tensions with China (Joseph C. Sternberg/Wall Street Journal)

Sources: China has told SoftBank it will not allow the $5.4B acquisition of ABB's robotics division to go ahead; China is the division's biggest market (David Keohane/Financial Times)