Report: TikTok plans to build €1 billion data centre in Finland May 01, 2025 TikTok has over 175 million users in Europe. In 2023, it launched a new data security regime called “Project Clover,” with plans to invest €12 billion over 10 years, to address concerns over data security.
Alibaba bets big on AI, to invest $53 billion in 3 years February 24, 2025 Alibaba Group Holding Ltd.’s CEO Eddie Wu said the pursuit of artificial general intelligence (AGI) is now the Chinese company’s “primary objective.”
Oracle to invest $6.5 billion in cloud services centre in Malaysia October 04, 2024 Big tech firms such as Microsoft, Nvidia, Google and ByteDance have announced billions of dollars worth of investments into Malaysia in the past year, with a focus on cloud services and data centers.
ByteDance and Broadcom mulling collaboration on AI processor June 24, 2024 ByteDance, the Chinese parent company of TikTok is rumoured to be in discussions with Broadcom about co-developing a 5-nanometer purpose-built chip to power AI applications.
TikTok owner buys stake in InnoStar Semiconductor March 15, 2024 Social media firm ByteDance, owner of TikTok, has bought into InnoStar to help the memory chip developer boost production of its virtual reality tech.
Nvidia sees strong cloud AI demand, but challenges in China November 23, 2023 Nvidia's most recent FY3Q24 financial reports reveal record-high revenue coming from its data centre segment, driven by escalating demand for AI servers from major North American CSPs. However, TrendForce points out that recent US government sanctions targeting China have impacted Nvidia's business in the region.
Sanctions to slash China's demand for high-end AI servers October 19, 2023 October 17th brings a new round of developments in the ongoing chip war between the US and China as the Department of Commerce issued another update to its export control regulations.
Major CSPs aggressively constructing AI servers and boosting demand for AI chips June 23, 2023 TrendForce reports that explosive growth in generative AI applications like chatbots has spurred significant expansion in AI server development in 2023.
SK Hynix’s HBM market share to exceed 50% in 2023 April 18, 2023 Strong growth in AI server shipments has driven demand for high bandwidth memory (HBM). TrendForce reports that the top three HBM suppliers in 2022 were SK hynix, Samsung, and Micron, with 50%, 40%, and 10% market share, respectively.
Enterprise SSD revenue slid to $5.22 billion in 3Q22 – will fall by 20% in 4Q22 December 05, 2022 TrendForce reports that the recent easing of tight supply for components has led to rising shipments for enterprise servers.
Projected YoY growth rate of server shipments for 2023 revised down to 2.8% November 22, 2022 Based on the latest data and research, TrendForce has further corrected down the projected YoY growth rate of whole server shipments for 2023 to 2.8%.
Enterprise SSD contract prices likely to increase by 15% QoQ August 03, 2021 The ramp-up of the Intel Ice Lake and AMD Milan processors is expected to not only propel growths in server shipment for two consecutive quarters from 2Q21 to 3Q21, but also drive up the share of high-density products in North American hyperscalers’ enterprise SSD purchases, according to TrendForce’s latest investigations.
GCP, AWS to become main drivers of global server demand April 19, 2021 Thanks to their flexible pricing schemes and diverse service offerings, CSPs have been a direct, major driver of enterprise demand for cloud services, according to TrendForce’s latest investigations.
Smartphone production registers largest YoY drop on record August 25, 2020 Smartphone production has taken quite the hit from the changing market situation brought forth by the pandemic. According to TrendForce the production of smartphones has registered the largest YoY drop on record with a 16.7% decline in 2Q20.