Anthropic in talks to buy startup Decart AI for $6 billionDecart’s software can reduce the cost of training artificial intelligence models by helping chips work more efficiently. That technology co...
13 Aug, 2026, 09.09 AM IST
Korean stocks rise 22% in 10 days as chip rally regains steamThe benchmark Kospi gained as much as 4.8% on Thursday, extending its gain from a July 30 low to around 22%. Heavyweight memory chipmakers ...
13 Aug, 2026, 07.49 AM IST
Yotta plans IPO of up to Rs 8,000 cr to fund AI infra pushYotta Data Services is preparing to file its draft prospectus for an initial public offering. The company aims to raise approximately six t...
13 Aug, 2026, 06.48 AM IST
Samsung, SK Hynix rally as Temasek investment report lifts chip stocksSouth Korean chipmakers rallied significantly after a media report surfaced. Temasek Holdings reportedly plans direct investments in Samsun...
13 Aug, 2026, 12.14 AM IST
Nebius beats quarterly revenue estimates as AI demand fuels growthThe Amsterdam-based AI infrastructure firm reported total revenue of $582.3 million for the quarter ended June, compared with analysts' a...
12 Aug, 2026, 05.57 PM IST
TSMC approves $29.44 billion capital budget for capacity expansion amid AI demandTaiwan Semiconductor Manufacturing Co. (TSMC) approved a capital budget of about USD 29.44 billion for expansion amid the ongoing artificia...
12 Aug, 2026, 10.09 AM IST
IBM, Together AI ink $240 million deal for Nvidia-powered AI inference clusterThe cluster will provide inference for open-source AI models, which have gained traction as businesses seek to rein in AI costs and weigh...
11 Aug, 2026, 05.43 PM IST
Intel raises $20 billion from upsized share saleOnce a dominant force in the global chip industry, Intel is investing heavily in new facilities and advanced packaging capabilities as it s...
11 Aug, 2026, 05.02 PM IST
TSMC, Sony to invest $4.7 billion in joint venture for image sensorsSony will be the controlling shareholder and invest 465 billion yen ($2.92 billion) through a combination of cash and asset transfers, in...
11 Aug, 2026, 04.59 PM IST
Microsoft could unveil Maia 300 AI chip as early as September: ReportMicrosoft plans to launch its new Maia 300 AI chip this autumn. The company is securing production capacity for over 300,000 chips by 2027....
11 Aug, 2026, 01.18 AM IST
IIT Madras alumni’s Discovered Materials raises $9 million from Lightspeed, YC’s Paul Graham, Peak XVFounded by IIT Madras alumni Advait Sridhar and Akash Ramdas, the company believes today’s AI chips generate heat exceeding 140 watts per s...
10 Aug, 2026, 10.49 PM IST
Intel plans $15 billion share sale as turnaround rally lifts stockIntel is gearing up for a monumental fifteen billion dollar share sale aimed at boosting its chip manufacturing capabilities. This strategi...
10 Aug, 2026, 07.04 PM IST
South Korea to launch $3.5 billion chip fund, speed development of semiconductor hubsThe government will also provide a further 5 trillion won in trade finance for suppliers, Presidential Chief of Staff Kang Hoon-sik told a ...
10 Aug, 2026, 04.25 PM IST
Global Market: SK Hynix approves $38.3 billion investment plan through 2031 to expand AI chip productionSK Hynix approved investments of 54.3 trillion won through 2031 to expand semiconductor production, targeting rising AI-driven demand. Fund...
07 Aug, 2026, 03.10 PM IST
AMD forecasts strong revenue growth on AI chip demand, but investors seek bigger gainsAMD Earnings Report: AMD beat quarterly revenue and earnings estimates while forecasting stronger-than-expected Q3 sales, driven by AI chip...
05 Aug, 2026, 12.58 PM IST
Onsemi forecasts upbeat revenue on surging AI data center chip demandOnsemi anticipates third-quarter revenue exceeding Wall Street expectations. This growth stems from surging demand for power management chi...
04 Aug, 2026, 08.50 AM IST
SK Hynix's record profit misses forecasts; shares slump 10% despite robust AI chip demandThe Nvidia supplier's quarterly operating profit soared more than sixfold to a record high, but it said delays in shipments of some advance...
29 Jul, 2026, 08.20 AM IST