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Keywords: Nvidia
Hut 8 has signed a new long-term agreement worth $9.8 billion with an investment-grade customer, marking a major milestone in the company’s transformation from a cryptocurrency mining operator into an artificial intelligence infrastructure provider. The deal completes the commercial rollout of......
Global equity markets came under renewed pressure as investors accelerated selling across the semiconductor sector, reflecting growing concerns that soaring investments in artificial intelligence may take longer than expected to generate sustainable financial returns. Technology shares led the downturn......
Apple is reportedly considering acquiring companies specializing in artificial intelligence chip design as it seeks to strengthen its AI infrastructure and improve the performance of its next-generation digital services. According to industry reports, the technology giant has been holding discussions......
Nvidia and Japan's Kawasaki Heavy Industries have announced a collaboration to develop artificial intelligence-powered robots for the shipbuilding sector, a project aimed at accelerating automation while addressing the country's growing labor shortages. The initiative, unveiled during Nvidia......
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......
Taiwanese electronics manufacturer Foxconn reported a stronger-than-expected surge in second-quarter revenue, driven by booming demand for artificial intelligence infrastructure, while cautioning that geopolitical uncertainty could weigh on future business conditions. The company, the world's largest......
South Korean semiconductor manufacturer SK Hynix is reportedly considering an underwriting fee of around 0.5% of the proceeds from its planned American Depositary Receipt (ADR) offering, as preparations accelerate for one of the largest U.S. equity listings in recent years. According to reports citing......
Super Micro Computer has confirmed that two employees at its Taiwan subsidiary have been detained as part of an investigation into the alleged illegal export of advanced artificial intelligence (AI) servers containing Nvidia chips to China. The company said two additional employees were questioned by......
Australian AI infrastructure provider Firmus Technologies has entered into a strategic partnership with Nvidia aimed at making high-performance computing more accessible to emerging artificial intelligence companies while expanding AI cloud capacity across the Asia-Pacific region. Under the agreement,......