IIT Madras alumni’s Discovered Materials raises $9 million from Lightspeed, YC’s Paul Graham, Peak XVFounded by IIT Madras alumni Advait Sridhar and Akash Ramdas, the company believes today’s AI chips generate heat exceeding 140 watts per s...
10 Aug, 2026, 10.49 PM IST
Apple tests China's CXMT memory chips for iPhones and MacBooks: WSJApple held early talks with CXMT, which is China's largest chipmaker by market value, about supplying components with the goal of using th...
09 Aug, 2026, 05.56 PM IST
Apple tests China's CXMT memory chips for iPhones and MacBooks: ReportApple is reportedly testing memory chips from China’s CXMT for iPhones and MacBooks as the AI boom drives a global component shortage, the ...
09 Aug, 2026, 05.53 PM IST
Global Market: SK Hynix approves $38.3 billion investment plan through 2031 to expand AI chip productionSK Hynix approved investments of 54.3 trillion won through 2031 to expand semiconductor production, targeting rising AI-driven demand. Fund...
07 Aug, 2026, 03.10 PM IST
AMD deepens AI inference bet with Taalas deal as chip race heats upToronto-based Taalas develops specialized silicon designed to reduce computing and memory bottlenecks in AI inference, the process of run...
07 Aug, 2026, 09.13 AM IST
AI boom reshapes emerging markets, but surging volatility tests investor nervesArtificial intelligence has powered a strong rally in emerging-market technology stocks, led by semiconductor giants in South Korea and Tai...
06 Aug, 2026, 01.53 PM IST
Why AMD's solid quarterly earnings failed to impress investorsAMD beat earnings estimates and issued strong guidance, but its shares fell as investors sought bigger AI gains, higher margins and stronge...
06 Aug, 2026, 12.34 PM IST
AMD shares fall 6% as investors demand bigger AI payoffAdvanced Micro Devices shares declined significantly after its revenue forecast fell short. Investors sought clearer proof the company can ...
05 Aug, 2026, 09.02 PM IST
Anthropic to build in-house chip design team for Claude, hire engineersAnthropic is developing an internal team to design custom chips for its Claude AI models. This move addresses the current shortage of essen...
05 Aug, 2026, 07.47 PM IST
AMD forecasts strong revenue growth on AI chip demand, but investors seek bigger gainsAMD Earnings Report: AMD beat quarterly revenue and earnings estimates while forecasting stronger-than-expected Q3 sales, driven by AI chip...
05 Aug, 2026, 12.58 PM IST
AMD's AI-powered revenue forecast fails to wow investorsYet, its shares fell nearly 9% in extended trading, suggesting that investors were looking for an even stronger outlook after the stock mor...
05 Aug, 2026, 08.54 AM IST
NXP in talks to buy chip developer Ambarella: ReportShares of Ambarella, with a market capitalization of $3.25 billion, jumped nearly 17%, while NXP fell over 3% following the report.
31 Jul, 2026, 11.58 PM IST
Moonshot has Nvidia chip cluster from Alibaba computing deal: Bloomberg News reportsChinese AI firm Moonshot has secured computing power from Alibaba. This deal involves approximately twenty thousand Nvidia chips for their ...
31 Jul, 2026, 09.57 PM IST
MediaTek plans $5 billion financing for AI data-center chipsMediaTek approved five billion dollars for long-term growth and AI chip expansion. The company aims to reduce smartphone reliance and suppl...
31 Jul, 2026, 04.52 PM IST
US Stock Market: Arm Holdings tops Q2 forecasts on AI demand, shares fall on royalty growth concernsArm Holdings beat quarterly revenue and earnings estimates and issued a stronger-than-expected revenue forecast, supported by robust demand...
30 Jul, 2026, 12.11 PM IST
Explained: The $400 million ASML 'printers' key for the AI chip boomAdvances in AI and a global buildout of data centres have led chipmakers to expand capacity rapidly. ASML supplies tools to TSMC, which mak...
28 Jul, 2026, 11.12 PM IST
Global Market: Samsung, SK Hynix plunge up to 11% as investors reassess AI chip boomSouth Korean chip stocks experienced sharp declines on Tuesday. Major companies like Samsung Electronics and SK Hynix saw significant drops...
28 Jul, 2026, 09.18 AM IST