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Andreessen Horowitz raises $1.1 billion for AI infrastructure fundThe “Machine Age Fund” will invest in AI computer infrastructure such as chips, memory, networking and storage, the firm said in a blog pos...
Marvell selloff deepens as investors seek clarity on Google AI deal payoffMarvell has become a market darling fueled by the AI spending boom as Big Tech races to adopt custom chips for greater cost efficiency and ...
US stocks today: US stocks edge higher as Warsh keeps inflation focus in spotlightWall Street edged higher as Fed Chair Kevin Warsh kept inflation and the central bank's 2% target in focus, prompting traders to raise bets...
China's CXMT posts first-half profit after revenue surgeFirst-half revenue soared 873.64% from a year ago to 150.3 billion yuan ($22.36 billion). Net profit totalled 77.6 billion yuan, compared t...
Nvidia pauses revenue-sharing deals with AI cloud companiesThe chip giant stepped back from the program last week, the Journal said, adding that it could still revamp the initiative later or fold it...
Anthropic planned, then abandoned $7 billion purchase of MatXThe merger talks, which a third person said have evolved into a discussion about a partnership, underscore the AI lab's ambition to secure ...
Semiconductor GCCs set to add 10,000 jobs in IndiaAbout 80% of the expected headcount growth will come from existing GCCs and 20% from new centres, said Pareekh Jain, chief executive of EII...
Nvidia shares extend gains, jump 7% as blockbuster earnings revive AI trade ,Nvidia shares jumped about 7% after strong quarterly results and a bullish revenue forecast eased concerns over slowing AI spending. The ch...
Nvidia ignites chip stock rally as forecast shows AI boom is intactNvidia has calmed investor anxieties regarding the AI surge, forecasting a remarkable seventy percent increase in revenue for the upcoming ...
SK Hynix holds groundbreaking ceremony for $4 billion Indiana AI chip packaging facilityThe facility, at the Purdue Research Park in West Lafayette, is scheduled to begin cleanroom operations in the second half of 2028, accordi...
Huawei plans for more AI pharma tie-ups, says healthcare presidentThe move highlights Huawei's ambitions to gain a foothold in the fast-growing AI drug discovery market, where pharmaceutical companies are ...
Now Chinese firms eyeing entry into Semicon India 2026Surging component imports drawing Chinese companies to Indian govt's flagship event
Nvidia forecasts 70% sales growth next year, signals AI spending boom has years left to run"AI has reached its inflection point. It's doing useful work. Its tokens are productive and profitable. Now, compute is revenue," Nvidia Ch...
Nvidia earnings: Chipmaker forecasts Q3 revenue at $108 billion, above analysts' estimates as Q2 profit, revenue double YoYNvidia earnings: Nvidia forecasts strong third quarter revenue, exceeding analyst expectations significantly. The company sees a trillion-d...
OpenAI says its new Jalapeno chip can make AI faster while using less powerOpenAI unveiled its new Jalapeno AI chip at a recent conference. This processor significantly boosts AI response speeds and reduces power c...
Apple launches faster Mac mini, Mac Studio to tap AI boomThe new mini, unveiled alongside a beefed-up Mac Studio, starts at $899 and comes with either Apple's new M6 chip or the M5 Pro. It is $100...
Nvidia faces growth test as Rubin debut meets AI financing scrutinyThe chipmaker has been the biggest beneficiary of the race to build AI infrastructure. Recently, though, its stock has come under pressure ...
Less chips chipping away at AInfra? Nvidia’s server price hike signals rising costsNvidia plans server price increases due to a global chip shortage. This shortage is expected to persist beyond the year 2027. Chipmakers ar...
Nvidia customers notified about AI-related price hikes above 15%: BloombergThe price hikes will go into effect on systems shipped early next year and will impact systems including those with the flagship Vera Rubin...
Anthropic hires Google chip veteran Amir Salek as part of push into hardwareAI firm Anthropic has hired a Google chip founder for its new semiconductor team. This move signals Anthropic's ambition to develop its own...