South Korean shares rebound as chipmakers recover from AI-driven selloffSouth Korean shares rebounded on Monday as benchmark index KOSPI rose over 1.5%. Chip giants Samsung Electronics and SK Hynix led the recov...
Is Cathie Wood betting on the next stage of the AI boom amid Wall Street’s tech stock crash, buying SpaceX and Nvidia while selling $120 million in Broadcom stock?Cathie Wood is buying AI stocks while Wall Street is selling them. ARK Invest purchased nearly $49 million in SpaceX and $46 million in Nvi...
GPU bidding norms eased; Lenskart CEO on profitabilityHappy Thursday! Govt has lowered entry barriers for GPU bidders, but pricing concerns remain. This and more in today’s ETtech Morning Dispa...
Texas and Georgia host the AI data-centre boom and both swung blue; AI cloud stocks fell and solar jumped up to 10% as the fight over who pays for power beginsData centre stocks fall after Democrats win Congress, but solar shares jump 10% as US election results shake up energy outlook. Texas and G...
Rising tech costs drive EMI sales; Shadowfax Q2 profit soarsHappy Friday! Shoppers are turning to EMIs as electronics prices rise. This and more in today’s ETtech Morning Dispatch.
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...
AI startup Simplismart raises $14 million from Dallas Venture Capital, Nvidia as demand for inference growsAs enterprise adoption of AI models scales, companies are seeking more cost-efficient ways to operate AI tools. Simplismart, founded by for...
UP Cabinet approves robotics, AI park in Greater NoidaThe Uttar Pradesh Cabinet has approved the establishment of a robotics and AI park in Greater Noida. This park is expected to generate over...
India's AI financing demand to shift towards data centres, but GPU, regulatory risks persist: ReportAs India embraces the AI revolution, the sector's growth is bolstered by a surge in internet and smartphone users, alongside a wave of gene...
Lightstorm’s India-Southeast Asia subsea cable system to be ready in 2029, says CTOLightstorm is a network provider that builds high-capacity optical fibre and AI-native connectivity platforms across the APAC region. The I...
One decision that made Jensen Huang worth $185 billion: Nvidia nearly went bankrupt in 1996, then a risky bet helped build its AI dominanceJensen Huang went from working as a dishwasher at Denny’s to becoming the billionaire CEO of Nvidia. The turning point came in 1993, when h...
Orthodontist Jim Woods invested $65,000 in Nvidia in 2000; by 2024, his stake had reached $15 millionIn 2000, Jim Woods was working full-time as an orthodontist. That same year, he placed $65,000 into Nvidia, then a relatively young tech co...
HFCL’s AI, data centre exposure drives Nuvama’s Buy call; target implies 56% upsideNuvama has initiated coverage on HFCL with a ‘Buy’ rating and a target price of Rs 380, implying a 56% upside from its reference price of R...
Microsoft Azure is not taking cost-cutting measures, says software giant spokesperson amidst AI overhaul reportsMicrosoft has announced the next generation of its custom AI chip and said it plans to deploy potentially more than a million of them next ...
Nvidia’s share of China AI chip market falls to 34% as Huawei gains groundNvidia's share of China's AI chip market dropped to 34% in the first half of 2026 due to US export restrictions. Domestic competitors like ...
Nvidia's China AI-chip share falls as Huawei closes gap, report findsNvidia's share of China's market for data-centre AI chips fell to 34% in the first half of 2026, as US export controls restricted supplies ...
Microsoft plans huge deployment of its own AI chips, with an eye on saving costsThe Maia 300, as the chip is called, is the third generation of the company's custom chips designed to handle AI data crunching such as cod...