Meta plans nearly $1 billion data center project in Wisconsin
April 07, 2025
According to a report by Bloomberg, Wisconsin struck a deal with the social media giant to develop a data center in the US state with an expected investment of $837 million spread out across years.
Ad
OpenAI raises record $40 billion in SoftBank-led round
April 01, 2025
SoftBank said it would fund OpenAI with USD 10 billion in mid-April and another USD 30 billion in December, subject to the AI firm transitioning to for-profit by the end of the year.
Quantum computing startup PsiQuantum ‘is raising $750M’
March 25, 2025
PsiQuantum uses existing photonics technology at a facility run by GlobalFoundries in New York. In February, PsiQuantum said it had figured out how to manufacture quantum chips in large quantities.
UAE pledges $1.4 trillion US investment, says White House
March 24, 2025
The investment framework “will substantially increase the UAE’s existing investments in the US economy in AI infrastructure, semiconductors, energy, and American manufacturing,” US officials said.
Top 10 IC design houses See 49% YoY growth in 2024
March 18, 2025
TrendForce reports that the combined revenue of the world’s top 10 IC design houses reached approximately USD 249.8 billion in 2024, marking a 49% YoY growth. The surge is largely attributed to the booming AI industry, with Nvidia dominating the market.
Amazon unveils its first quantum computing chip Ocelot
February 28, 2025
Quantum research is an important emerging field, and countries like the US and China have been investing heavily in it. Tech giants are also in the race to get ahead in the experimental technology.
Supply chain reset – from excess to equilibrium
February 27, 2025
The global electronic component supply chain is expected to transition from excess inventory to a more balanced demand environment in 2025, according to a recent report from independent distributor Fusion Worldwide.
Qualcomm sales top estimates amid strong smartphone demand
February 06, 2025
Qualcomm forecast a sales range with a midpoint of USD 10.75 billion and adjusted profits of USD 2.80 per share, both above analyst estimates, according to data from LSEG.
Arm names Eric Hayes as EVP of operations
January 17, 2025
Arm Holdings has appointed Eric Hayes as executive vice president of Operations with immediate effect. He will lead the coordination of end-to-end execution of operational activities across multiple products and solutions and report to Arm CEO Rene Haas.
TSMC's 2024 annual revenue is an all-time record
January 13, 2025
Taiwan Semiconductor Manufacturing Company (TSMC) has recorded total revenue of USD 90 billion for 2024. It's the firm's highest annual sales total since it went public in 1994.
Omdia bets on Foxconn becoming world’s largest server vendor
December 19, 2024
Fuelled by skyrocketing demand for AI-optimised servers from major US cloud providers, Foxconn's ODM direct business will experience exponential growth in 2024, securing the top rank in Omdia's global server market analysis.
Tech firms to act as US ‘gatekeepers’ for AI chips
December 16, 2024
The companies would have to comply with strict requirements, which includes reporting key information to the US government and blocking Chinese access to AI chips, according to a Reuters report.
Goldman Sachs takes $900 million hit on Northvolt
November 25, 2024
The Goldman Sachs private equity funds, together the 2nd-largest shareholders in Swedish battery maker Northvolt, are set to write down their $896 million investment to zero by year end, FT reports.
Are Nvidia’s new AI chips facing overheating snag?
November 18, 2024
The Blackwell graphics processing units overheat when connected together in server racks designed to hold up to 72 chips, according to a report by the Information.
Is Apple in talks with Foxconn to build AI servers in Taiwan?
November 07, 2024
Though Foxconn is Apple’s biggest iPhone supplier, it also makes Nvidia’s AI servers, and sources told Nikkei it may have limited capacity to take Apple as a new server client.
Nvidia dethrones Apple as world’s most valuable company
October 28, 2024
Nvidia’s stock market value briefly reached USD 3.53 trillion, a little above Apple’s USD 3.52 trillion. The surge in its market value is driven by demand for its chips, the gold standard for AI.
Is Tesla in talks with SK Hynix for $725 million eSSD order?
October 28, 2024
Tesla has pledged to invest USD 10 billion every year in building its AI supercomputer, Dojo, for which the US carmaker needs fast and large capacity drives to improve the system’s efficiency.
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.
Alphabet to invest $3.3 billion in South Carolina data centers
September 27, 2024
The new Dorchester County facilities represent a USD 2 billion investment and will create 200 new operational jobs, while the search engine giant will invest USD 1.3 billion in Berkeley County.
Qualcomm may be looking to acquire parts of Intel’s chip design units
September 06, 2024
No formal move to approach Intel has been made yet and Qualcomm’s plans are not in a final stage, the Reuters report says.
Nvidia gets subpoena from US Department of Justice
September 04, 2024
Last month, the DoJ launched a probe into the company after competitors complained that it had abused its market dominance.
Nvidia and Apple in talks to invest in OpenAI
August 30, 2024
OpenAI uses Nvidia’s chips to power its AI services. Apple brought chatbot ChatGPT to its devices in June, making OpenAI the first official partner for Apple Intelligence.
SK hynix hints at new HBM product with 30 times higher performance
August 23, 2024
TrendForce predicts that the HBM industry will become more customization-oriented, breaking away from the standard DRAM framework.
SoftBank completes purchase of AI chip designer Graphcore
July 12, 2024
Japanese investment entity SoftBank Group has finalised its acquisition of Graphcore, a UK-based designer of AI chips.
AI chip firms Rebellions and Sapeon to merge
June 14, 2024
South Korean artificial intelligence semiconductor companies Rebellions and Sapeon Korea have finalised plans to become a single entity.
AMD unveils Nvidia-challenging chip series
June 03, 2024
Chip design specialist Advanced Micro Devices has announced a new range of new artificial intelligence processors, which will go on sale from Q4 2024.
Malaysia to invest $107bn in front-end chip design
May 31, 2024
Malaysia has become the latest country to announce a huge state-backed support programme for its domestic chip market.
Global AI chips revenue to grow 33% in 2024
May 30, 2024
Gartner says that revenues from AI semiconductors globally are expected to total USD 71 billion in 2024, an increase of 33% from 2023.
Scale AI's new fund raise values the firm at $14bn
May 28, 2024
Scale AI has emerged as one of the world's hottest startups following the closure of a new funding round that attracted some of the tech sector's foremost VCs.
Microsoft unveils first Qualcomm-powered Windows laptops
May 23, 2024
Microsoft is going hard into AI-powered laptops – it's just announced a new range of Surface products that come with a Qualcomm chip, which can run some AI tasks without an internet connection.
Fabless startup MetisX secures $44m in Series A funding
May 20, 2024
The South Korean firm has now raised more than USD 50 million since 2022 to accelerate its vision of a data-centric approach to next-gen memory chip design.
Load more news