San Jose-headquartered Cadence Design Systems provides electronic design automation (EDA) software, hardware and intellectual property (IP)...

Demand from Chinese customers has been particularly strong, but Samsung has been unable to meet all orders because it must serve US custome...

The San Jose, California-based company raised $700 million, with trading firm Jane Street continuing its backing by leading ⁠the round, ⁠jo...

The funding round was led by Seligman Ventures, with participation from new investor Capricorn ⁠Investment ⁠Group. Existing investors Samsu...

Zoho founder Sridhar Vembu has warned that the massive AI investment boom is pushing up the cost of memory and other technology components,...

Chinese and Hong Kong stocks declined as investors booked profits in AI and technology shares, while energy stocks gained amid rising Middl...

The new deal is the latest example of Nvidia financing the infrastructure built around its chips, a strategy that helps drive demand but ha...

Nvidia has unveiled a major financing initiative aimed at supporting artificial intelligence chip acquisitions. By collaborating with promi...

Co-CEO Zhao Haijun said on an earnings call that SMIC raised prices following negotiations with customers in the first quarter, and that it...

Decart’s software can reduce the cost of training artificial intelligence models by helping chips work more efficiently. That technology co...

The 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 Data Services is preparing to file its draft prospectus for an initial public offering. The company aims to raise approximately six t...

The Amsterdam-based AI infrastructure firm reported total revenue of $582.3 million for the ⁠quarter ⁠ended June, compared with analysts' a...

The cluster will ⁠provide ⁠inference for open-source AI models, which have gained traction as businesses seek to rein in AI costs and weigh...

Microsoft plans to launch its new Maia 300 AI chip this autumn. The company is securing production capacity for over 300,000 chips by 2027....

Founded by IIT Madras alumni Advait Sridhar and Akash Ramdas, the company believes today’s AI chips generate heat exceeding 140 watts per s...

AMD Earnings Report: AMD beat quarterly revenue and earnings estimates while forecasting stronger-than-expected Q3 sales, driven by AI chip...