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AI SERVER CHIPS DEMAND
Intel forecast disappoints as Israel fab blast, PC weakness weighThe guidance could test confidence in a stock that has more than doubled this year, as investors weigh ongoing manufacturing constraints an...
Nvidia's web of AI bets: smart strategy or bubble risk?Nvidia's $3 billion investment in Meta's share sale, announced Tuesday, is the latest addition to a portfolio of stakes, loans and guarante...
Marvell in advanced talks to buy Lumentum: Bloomberg NewsMarvell has emerged as one of the biggest beneficiaries of the AI boom, driven by strong demand for its custom AI chips and networking hard...
Global Market: Samsung Electronics posts record $80.5 billion quarterly operating profit on AI chip boomSamsung Electronics reported record quarterly operating profit of 107.4 trillion won, driven by surging AI memory chip demand. Despite stro...
China's new export curbs draw a line around its AI crown jewelsThe draft rules, released on October 16, distinguish between foreign customers using Chinese AI services and foreign companies obtaining th...
Samsung keeps shattering profit records as AI boom lifts chip demandRevenue for the July-September period rose to an all-time high at 195.3 trillion won (USD 146 billion), marking the company's fourth straig...
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...
China's new export curbs draw a line around its AI crown jewelsThe draft rules, released on October 16, distinguish between foreign customers using Chinese AI services and foreign companies obtaining th...
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...
Meta eyes record $95 billion equity raise to fund AI expansionThe Facebook parent has launched public offerings worth about $35 billion in common and preferred stock, and said it also plans to launch a...
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 ...
Ukraine’s drone strikes hit Yandex, Sberbank and VKontakte. Is Russia’s AI future at risk?Ukrainian drone strikes have damaged data centers belonging to Yandex, Sberbank and VKontakte, disrupting digital services across Russia. W...
US stocks today: US stocks rise as SpaceX, Super Micro revive appetite for AI stocksWall Street opened higher on Wednesday, led by gains in technology and AI stocks after quarterly results from SpaceX and Super Micro Comput...
- AI data center projects boost US warehouse demand and rents, real estate company JLL says
AI data center construction projects, particularly near Dallas/Fort Worth and Washington, DC, are generating new demand for warehouse space...
AI chip startup Tenstorrent more than doubles its valuation to $6.2 billion in funding roundBased in Santa Clara, Tenstorrent has just secured an impressive $1.5 billion in its latest funding round, propelling the AI chip startup's...
As India buys more AI chips, the real test is to keep them runningIndustry leaders said businesses must pay closer attention to the systems around their processors, which actually decide the return on thei...