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BROADCOM CHIP SUPPLY DEAL
Apple chasing AI chip company deals, The Information reportsApple is reportedly exploring acquisitions of chip companies to enhance its AI server processors. The tech giant faces performance challeng...
ET Graphics: Wall Street cuts AI giants’ paper valuation loopLast week, AI bellwethers including Nvidia, AMD and Intel came under renewed selling pressure, while semiconductor stocks such as Micron, B...
Meta to put AI chip into production in September as it looks to double computing capacityThe tech firm's data center chip, code-named "Iris," is part of a four-generation project for Meta Training and Inference Accelerators (MTI...
5 world market themes for the week aheadTSMC's earnings will offer insights into AI chip demand this week. Wall Street banks are set to report, with expectations for strong corpor...
Meta to put AI chip into production in September as it looks to double computing capacity, memo showsMeta Platforms plans to manufacture its own artificial intelligence chip starting September. This initiative aims to significantly increase...
Is Broadcom stock a buy after Apple's massive chip pact?Apple has signed a chip supply agreement worth more than $30 billion with Broadcom through 2031, strengthening its long-term partnership wi...
Global Markets: Japan's Nikkei rebounds as AI shares gain, oil tempers broader moodJapan's Nikkei share average rebounded on Thursday after a three-day losing streak. AI-related shares tracked gains in the U.S. technology ...
D-St set for a positive opening as GIFT Nifty signals firm startIndian markets experienced widespread selling on Wednesday, with the Nifty declining significantly. Global risk sentiment deteriorated foll...
US stocks today: Dow falls 500 points after Trump says Iran deal is 'over'U.S. stocks closed lower after Donald Trump declared the Iran deal “over,” raising fears of further conflict and pushing oil prices higher....
Apple's $30 billion Broadcom deal may help bolster Trump tiesIn a post on X, Apple CEO Tim Cook called it a step towards an "end-to-end silicon supply chain" in the US, and the company thanked "the pr...
Broadcom shares jump over 2% after Apple announces $30 billion chip dealBroadcom shares gained after Apple announced a multi-year chip supply agreement exceeding $30 billion. The deal expands US manufacturing, s...
Apple to spend $30 billion in Broadcom chips deal that will see Colorado factory expandApple will invest over $30 billion in a new chip supply deal. As part of the deal, Broadcom will spend $1.5 billion to expand a factory in...
China's DeepSeek developing its own AI chipThe chip is designed for inference - the stage of AI computing in which a trained model generates responses for users - rather than for tra...
US stocks today: Nasdaq jumps over 1% as chip stocks rally, investors eye AI earningsU.S. stocks rose sharply, led by chipmakers like Broadcom on AI-driven optimism and a strong earnings outlook. Microsoft fell after announc...
Ahead of Market: 10 things that will decide stock market action on TuesdayIndian markets extended gains for a fourth straight session as Sensex jumped 521 points and Nifty closed above 24,430. Improved monsoon pro...
US stocks today: S&P 500, Nasdaq gain as chip stocks reboundU.S. markets were mixed, with the S&P 500 and Nasdaq rising on a rebound in chip stocks, while the Dow slipped after briefly hitting a reco...
Broadcom, Apple extend chip supply deal through 2031Broadcom has been a supplying key components to Apple for a very long time, including custom radio frequency chips used in iPhones, Wi-Fi ...
Anthropic in talks with Samsung to develop custom AI chipAI giant Anthropic is reportedly exploring the creation of its own custom AI chips, holding talks with Samsung for a potential partnership....
OpenAI spices things up with Jalapeno chips: Why the Sam Altman-led AI startup is building its own processorsOpenAI said it designed the chip from scratch in nine months. Broadcom handled silicon implementation, networking, and connectivity, while ...
OpenAI unveils custom chip it designed with Broadcom to boost its AI infrastructureOpenAI has unveiled its first custom AI chip, Jalapeno, developed with Broadcom to boost its infrastructure. This move aims to overcome com...