Keywords: Semiconductor industry


CXMT secures multi-billion-dollar memory chip supply agreement with tencent ahead of planned IPO

Chinese memory chip manufacturer ChangXin Memory Technologies has reportedly secured a long-term supply agreement worth more than 20 billion yuan (approximately US$2.94 billion) with Tencent Holdings, reinforcing its position in China’s rapidly expanding semiconductor industry. According to sources......

OpenAI unveils Jalapeño, Its first AI chip to accelerate inference

OpenAI takes a significant step forward in the development of its technological infrastructure with the introduction of Jalapeño, its first proprietary chip dedicated to artificial intelligence. Developed in collaboration with Broadcom, this innovation marks a strategic evolution for the American company,......

Sk Hynix overtakes Samsung to become South Korea’s most valuable company

In a historic shift for South Korea’s technology sector, semiconductor manufacturer SK Hynix has surpassed Samsung Electronics in market capitalization for the first time, marking a significant milestone in the country’s corporate landscape. According to data released by the Korea Exchange......

Architect Labs raises $24 million to accelerate AI-Driven custom chip design

U.S.-based startup Architect Labs has secured $24 million in seed funding as it seeks to transform the way custom semiconductors are designed using artificial intelligence. The company aims to simplify and accelerate chip development, positioning itself in a market currently dominated by established......

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......

Exclusive: South Korea’s SK Hynix to choose Nasdaq for planned U.S. listing, sources say

South Korean semiconductor giant SK Hynix is expected to choose Nasdaq for its planned U.S. stock listing, according to sources familiar with the matter. The decision reflects the company’s strategy to position itself within a technology-focused market and benefit from strong investor interest......

SK Hynix considers U.S. listing as early as August amid AI-driven chip boom

South Korean semiconductor giant SK Hynix is preparing to pursue a listing of its shares in the United States as early as August, according to sources familiar with the matter. The move comes as the company seeks to take advantage of growing global investor interest in artificial intelligence–related......

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)......

Nvidia concedes Chinese AI chip market as Huawei gains dominance

Nvidia chief executive Jensen Huang said the company has effectively surrendered the Chinese artificial intelligence chip market to Huawei as US export controls continue to prevent major sales of advanced processors to Chinese firms. The remarks came as Nvidia reported record first quarter revenue of......