Keywords: AI chips


Samsung accelerates Yongin semiconductor plant launch to meet AI chip demand

Samsung Electronics is accelerating the development of its semiconductor manufacturing network by bringing forward the launch of its first chip fabrication plant in Yongin, South Korea. The facility is now expected to begin operations in 2029, two years earlier than originally planned, as the company......

SK Hynix raises $26.5 billion ahead of landmark Wall Street listing fueled by AI chip demand

South Korean memory chip manufacturer SK Hynix has secured $26.5 billion ahead of its Wall Street debut, marking one of the largest capital raises ever completed before a stock market listing. The company announced on Friday that it had priced the shares to be offered in its U.S. listing later in the......

SambaNova reaches $11 billion valuation after securing $1 billion AI funding

Artificial intelligence chip developer SambaNova has raised $1 billion in a major late-stage funding round, lifting the company’s valuation to $11 billion as demand grows for specialised computing infrastructure designed to support advanced AI systems. The funding round was led by investment firm......

Meituan unveils LongCat-2.0, claims breakthrough AI Model trained entirely on Chinese chips

Chinese technology company Meituan has announced the release of LongCat-2.0, a next-generation large language model (LLM) that the company says was developed entirely using Chinese-made processors, marking a significant milestone in the country's drive for greater technological self-reliance. The......

Apple raises global product prices amid rising AI chip costs

Apple has announced price increases for several of its products worldwide as the technology industry faces growing pressure from rising component costs linked to the rapid expansion of artificial intelligence infrastructure. The price adjustments affect a range of devices, including MacBook laptops,......

Nvidia plans $20 billion bond issue to finance next wave of artificial intelligence expansion

Nvidia is preparing to raise around $20 billion through a U.S. corporate bond issuance, marking its return to the investment-grade debt market after five years, according to a source familiar with the matter. The move reflects the company’s growing financial needs as demand for advanced artificial......

Google orders three million TPU chips from Intel for 2028

Google has placed a large order for more than three million tensor processing units from Intel for delivery by 2028, according to a report citing four people with direct knowledge of the discussions. The agreement signals growing trust in Intel’s efforts to rebuild its semiconductor manufacturing......

Broadcom falls after revenue miss raises doubts over AI Boom expectations

Broadcom, one of the leading semiconductor companies in the United States, experienced a significant decline in its stock value after reporting quarterly revenue that fell short of market expectations. The announcement came amid strong investor anticipation that the ongoing artificial intelligence (AI)......

TSMC says AI chip shortages will persist for years

Demand for artificial intelligence chips continues to outpace global manufacturing capacity, according to TSMC Chief Executive C.C. Wei, who told shareholders that the company does not expect supply to meet demand for several more years. Speaking at the company’s annual shareholder meeting in Hsinchu,......