Tag: Semiconductors

Shares of MediaTek closed 10% higher on Tuesday after the Taiwanese chip firm announced a partnership with Nvidia, bolstering its push into the data center market.

Marvell Technology shares fell 7.9% in pre-market trading after the chipmaker reported fiscal second-quarter results that exceeded revenue and earnings expectations and raised its full-year outlook.

Amazon and Nvidia just got a lot closer. The two companies announced Wednesday an expanded partnership that includes a deal to add another 2 million Nvidia GPU chips to Amazon’s data centers.

Nvidia on Wednesday forecast a 70% ​jump in revenue next fiscal year, underscoring unabated demand for AI computing, while warning that shortages of memory components would continue to curb how ‌quickly it can expand.

Nvidia has agreed to buy open-source platform Hugging Face for $12.9 billion, The Information reported on Wednesday, citing a person with knowledge of the deal.

SpaceX is using a new partnership with Nvidia to accelerate its plans for artificial-intelligence data centers in space — setting the stage for those to go into orbit as soon as next year.

Some of Nvidia Corp.’s biggest customers have been told that the prices of servers containing its artificial intelligence chips are going up more than 15% in many cases with memory chip costs soaring.

Nvidia is in talks ​to invest in Perplexity as part of an ‌equity funding round that would value the AI startup at more than $30 billion, The Information reported on Sunday, citing people with ​knowledge of the discussion.

Broadcom is in talks with a group of lenders to raise more than $60 billion in ​debt for an AI chip financing deal that will benefit ‌Anthropic and other companies, Bloomberg News reported on Thursday, citing people familiar with the matter.

Nvidia Corp. is in early discussions with the Korean AI chip designer Rebellions about possible collaborations, including a technical partnership, an investment or perhaps even an acquisition, according to people familiar with the matter.

Chipmaker SK Hynix said on Thursday it has reached a tentative wage deal with its South Korean workers that will see ‌them receive at least 60% of this year’s bonuses in company stock rather than ‌the all-cash payout they received last year.

Samsung Electronics  is preparing to unveil a shareholder return package worth more than 100 trillion won ($72 billion), potentially the largest such payout by a South Korean company, MoneyToday reported on Thursday, citing industry sources.

Small batches of Nvidia’s H200 chips, one ​of the company’s most powerful AI ‌chips, have been allowed to enter mainland China, the Financial Times reported on Tuesday, citing two ​people with knowledge of the matter.

Cerebras Systems announced on Tuesday a new version of its server hardware that includes its dinner-plate-sized chips that it says will ​speed AI chatbot queries.

SK Hynix will buy back and cancel 40 trillion won ($28.61 billion) of treasury shares and allocate ‌more than 50% of free cash flow generated between 2025 and 2027 to boost shareholder returns, it said on Wednesday.

Samsung Electronics has raised prices for some advanced contract chipmaking services by up to 15% for new orders, two people familiar with the matter said, as demand for AI chips tightens capacity in a business long dominated by TSMC.

Nvidia has agreed to provide a guarantee of up to $105 billion to help OpenAI lease a sprawling data center in Ohio ​being developed by SoftBank-owned SB Energy, in one of the chipmaker’s largest infrastructure financing commitments.

Nvidia will invest $1.5 billion in SoftBank-backed (T:9984) SB Energy and secure up to 8 gigawatts of AI computing capacity at an Ohio campus being built by the data center developer for OpenAI.

Applied Materials  forecast fourth-quarter revenue above Wall Street expectations on Thursday, betting that unabated demand for advanced AI chips will continue to fuel robust spending on its ​semiconductor manufacturing equipment.

Coherent reported better-than-expected earnings Wednesday as the optical-networking company’s technology plays a growing role in connecting artificial-intelligence infrastructure.