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AI CHIP DEMAND
Marvell shares jump 8% after chipmaker hands Google option to buy $12.2 billion stakeMarvell shares surged 8% after securing a Google agreement to develop custom AI chips and related technologies. Google received a warrant f...- SanDisk shares soar 3,400% in one year. Can the rally sustain its momentum?US stock futures edged higher after a tech-led selloff, as investors monitored Iran tensions and key retail earnings for clues on consumer ...
- Marvell gives Google option to buy $12.2 billion stake in custom chip dealMarvell said it would develop AI inference accelerators, storage, networking and memory interface controllers and near-memory computing tec...
- Cadence AI cuts chip timelinesSan Jose-headquartered Cadence Design Systems provides electronic design automation (EDA) software, hardware and intellectual property (IP)...
- Samsung hikes chipmaking prices by up to 15% on demand spikeDemand from Chinese customers has been particularly strong, but Samsung has been unable to meet all orders because it must serve US custome...
- AI chip startup Etched doubles valuation to $21 billion in under a monthThe San Jose, California-based company raised $700 million, with trading firm Jane Street continuing its backing by leading the round, jo...
- Chip designer Velaura AI valued at more than $1 billion in funding roundThe funding round was led by Seligman Ventures, with participation from new investor Capricorn Investment Group. Existing investors Samsu...
- Sridhar Vembu explains why phones and laptops are getting expensive in 2026Zoho founder Sridhar Vembu has warned that the massive AI investment boom is pushing up the cost of memory and other technology components,...
- Nvidia to provide up to $105 billion guarantee for OpenAI's Ohio data centreThe new deal is the latest example of Nvidia financing the infrastructure built around its chips, a strategy that helps drive demand but ha...
- Nvidia’s $500 billion plan envelops Wall Street in its AI frenzyNvidia has unveiled a major financing initiative aimed at supporting artificial intelligence chip acquisitions. By collaborating with promi...
- Chinese chipmaker SMIC increases prices on strong AI demandCo-CEO Zhao Haijun said on an earnings call that SMIC raised prices following negotiations with customers in the first quarter, and that it...
- Anthropic in talks to buy startup Decart AI for $6 billionDecart’s software can reduce the cost of training artificial intelligence models by helping chips work more efficiently. That technology co...
- Korean stocks rise 22% in 10 days as chip rally regains steamThe benchmark Kospi gained as much as 4.8% on Thursday, extending its gain from a July 30 low to around 22%. Heavyweight memory chipmakers ...
- Yotta plans IPO of up to Rs 8,000 cr to fund AI infra pushYotta Data Services is preparing to file its draft prospectus for an initial public offering. The company aims to raise approximately six t...
- Nebius beats quarterly revenue estimates as AI demand fuels growthThe Amsterdam-based AI infrastructure firm reported total revenue of $582.3 million for the quarter ended June, compared with analysts' a...
- IBM, Together AI ink $240 million deal for Nvidia-powered AI inference clusterThe cluster will provide inference for open-source AI models, which have gained traction as businesses seek to rein in AI costs and weigh...
- Microsoft could unveil Maia 300 AI chip as early as September: ReportMicrosoft plans to launch its new Maia 300 AI chip this autumn. The company is securing production capacity for over 300,000 chips by 2027....
- 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...
- Intel plans $15 billion share sale as turnaround rally lifts stockIntel is gearing up for a monumental fifteen billion dollar share sale aimed at boosting its chip manufacturing capabilities. This strategi...
- 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...
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