AMD forecasts fourth-quarter revenue above estimates on strong AI chip demandAdvanced Micro Devices estimates its fourth-quarter revenue will hit about $17 billion, driven primarily by robust demand for AI chips. Alt...
AMD's OpenAI, Meta chip deals trigger $1 billion quarterly chargeAMD in February agreed to sell up to $60 billion worth of AI chips to Meta over five years, giving the Facebook owner warrants that could l...
Chip startup Agrani Labs looks to raise $108 million from Peak XV, Google, SamsungPeak XV Partners is leading the round and is expected to contribute more than half of the total funding. Google, HCL Tech, Samsung Ventures...
Marvell to buy Lumentum in $115 billion deal in AI data-center betMarvell Technology is poised to acquire Lumentum in a groundbreaking all-stock transaction worth $115 billion. This strategic acquisition i...
In 2026, Sonya Jin and Aadi Nashikkar-led Phinity Labs raised $5.2 million to let AI agents design computer chips from text promptsPhinity Labs has raised $5.2 million to develop AI agents that can design computer chips from text prompts. Founders Sonya Jin and Aadi Nas...
Nvidia CEO Jensen Huang seen as target of China spy plot; Trump briefed but took no action: ReportA Chinese businesswoman suspected of passing intelligence to Beijing developed a close relationship with Nvidia CEO Jensen Huang, according...
Google's Nvidia chip challenge boosts cloud sales, crimps cash flowThe trade-off, outlined by finance chief Anat Ashkenazi on Alphabet's post-earnings call on Wednesday, offers an early look at the costs of...
Samsung logs record $80.5 bln profits despite investor AI jittersMassive demand for AI chips delivered record quarterly profits to South Korea's Samsung Electronics on Thursday, but shares fell as investo...
US DOJ is inquiring about Nvidia's purchase of Hugging FaceThe Justice Department's recent questioning covers Nvidia's acquisitions, investments, sales practices, and whether the chip designer has e...
AI chips worth $12.1 million seized at Malaysia airport, customs authority saysMalaysian customs said on Wednesday that it had seized about 49.5 million ringgit ($12.11 million) worth of advanced artificial intelligenc...
China's CXMT to start advanced AI memory production despite poor yieldsThe decision highlights China's intense shortage of the AI memory chips, which are essential to a government-backed push to develop domesti...
AI chip giant SK hynix says quarterly operating profit soars 630%South Korean chip giant SK hynix said Wednesday its third-quarter operating profit soared 632 percent on-year, largely driven by the artifi...
OpenAI plans to buy Google's AI chipsOpenAI plans to buy Google's AI chips, The Information reported on Tuesday, citing a person familiar with the matter, as technology compani...
Oracle expands chip supply deal with Nvidia, adds Google and Cerebras offeringsOracle and Nvidia said the cloud firm will expand to "multi-gigawatt scale" with Nvidia's newest generation of "Vera Rubin" AI servers. The...
Neocloud firm Argentum AI in talks for $5 billion AI chip financing, sources sayOne of the people said the money would pay for additional chips for the data center Argentum secured in Poland with DL Invest Group, and th...
Eye for an eye? Think AI for AI: How one startup is using AI to make AI chips more energy-efficientDiscovered Materials, a groundbreaking startup led by founders Akash Ramdas and Advaith Sridhar, is dedicated to advancing chip materials. ...
SpaceX enters $40 billion deal with Apollo for AI chip financingThe deal highlights SpaceX's heavy spending, as it tries to capitalize on surging demand for computing power to help bankroll its Moon and ...