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AI AND DATA CENTERS CHIP DEMAND
SK Hynix in talks with Intel about deal to make memory chips in the US for the first time, sources sayUnder one potential scenario, SK Hynix would lease part of Intel's long-planned chipmaking facility in Ohio, they said. Under another scena...- Amazon AI chip deal gives Qualcomm stock a boostQualcomm shares climbed after the chipmaker announced a multi-generational AI data-centre collaboration with Amazon. The deal strengthens Q...
- European chip startup Axelera wins AI factory supply deals and launches second chipCEO Fabrizio Del Maffeo in a phone call with Reuters declined to give precise details, but said the company now has more than 600 customers...
- Bigger than internet, oil, gold, diamonds: Trump says AI, data centres will be ‘greatest economic development engine’Donald Trump believes artificial intelligence and data centers will drive unprecedented economic growth. He opposes regulations which he fe...
- Slow the AI race? Investors weigh the potential costCalls to rein in the development of ever more powerful AI models are fuelling fears over the massive capital outlays in the sector -- and t...
- Oracle to spend $700 million more on restructuring costs as it ramps up AI spendingIn a bid to enhance its AI capabilities, Oracle has decided to raise restructuring costs by $700 million, making the total amount for its f...
- Oracle rises as AI-fueled backlog growth deflects spending worriesOracle shares rose 3% in early trading after a $26 billion increase in its revenue backlog eased concerns over its debt-funded AI spending....
- Apple's surprise price twist for old iPhone models exposes smartphone price painIn the wake of the iPhone 18's debut, Apple has made notable price hikes on its older iPhone models in India. This decision is largely infl...
- UAE revises AI data center plan after Iranian attacks, sources sayIn light of recent attacks linked to Iran, the UAE is re-evaluating its extensive AI data center project. Officials are contemplating distr...
- Chip startup d-Matrix to use Nvidia chip-linking tech in AI serversArtificial intelligence workloads have been shifting from training AI models to running them for everyday use, a process known as inferen...
- Oracle tops estimates as AI demand tempers cash-burn fearsShares of the company, which have slumped more than 21% this year, rose 4% in extended trading after Oracle reported a jump in revenue back...
- IPO-bound Yotta plots $12 billion next-gen Nvidia chip orderThe Hiranandani Group’s data centre arm has already deployed 40,000 graphics processing units (GPUs) at an investment of $1.8 billion by Ju...
- OpenAI says working with Samsung on next-generation chips, deepening cooperationThe cooperation comes as Samsung broadens its use of generative AI. The company said in June that workers in its Device eXperience division...
- Why iPhone 17 prices increased and iPhone 18 Pro, Pro Max are even more expensive this yeariPhone 17 price increase: Apple has raised prices for several iPhone models in India. This price increase affects both current and older iP...
- Qualcomm strikes AI chip deal with Amazon, offers right to buy about $4 billion in stockThe deal also highlights increasingly intertwined financing in the AI boom, with Qualcomm granting Amazon warrants worth about $4 billion t...
- Shenzhen Longsys Electronics secures $903 million funding to boost AI data center technology expansionShenzhen Longsys Electronics raised over seven billion Hong Kong dollars in its recent stock offering. This significant capital infusion is...
- Tech companies look to Argentina's windswept Patagonia to build massive data centersAs tech giants known as hyperscalers race worldwide to build server farms and run into roadblocks amid anti-data-center campaigns, projects...
- AI data centers are less thirsty now, tech giants sayData centers are running into a wall of public anger in the United States over their thirst for water and power. "There are incentives," Re...
- ByteDance secures $29.6 billion loan in AI push, sources sayByteDance secured a massive $29.6 billion loan from nearly thirty banks. Chinese banks provided over sixty percent of this significant loan...
- Anthropic signs $35 billion cloud deal with Nvidia-backed LambdaAnthropic has signed a cloud-computing deal worth $35 billion with Lambda, a cloud provider backed by Nvidia, for a Texas data centre. The ...
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