Tag: Semiconductors

Fermi Inc. has signed a credit support agreement with Advanced Micro Devices to back a lease for the first phase of Fermi’s Project Matador, an energy and AI development in Carson County, Texas, with 222 megawatts of gross power capacity.

The chief executives of Intel and Broadcom warned that access to capital could emerge as a major constraint on the artificial intelligence boom, even as demand for computing infrastructure continues to outstrip supply. 

Samsung Electronics and SK Hynix shares fell more than 3% on Monday as Chinese memory chipmaker ChangXin Memory Technologies (CXMT) reported progress on a next-generation DRAM design that could help increase storage density and intensify competition with South Korea’s chipmakers.

Nvidia is in talks to acquire or deepen its investment in US start-up Reflection AI, a developer of open-weight models that President Donald Trump’s administration hopes will rival cheap Chinese alternatives, people with direct knowledge of the matter said.

Samsung Electronics on Thursday projected its quarterly ​profit would top 100 trillion won, a world first for a technology company, estimating a nearly nine-fold jump in third-quarter ‌earnings as booming demand for AI chips drove strong memory sales.

The world’s largest contract chipmaker Taiwan Semiconductor Manufacturing Co posted revenue of $511.86 billion New Taiwan dollars ($16.03 billion) for September, up 54.6% on the year prior, but down 0.6% on August. Its third quarter revenue came around $NT1.49 trillion.

Chipmaker Wolfspeed said on Wednesday it has received a conditional loan commitment ​for up to $1.5 billion from the ‌US Department of Defense to expand domestic production of silicon carbide materials and power devices, ​sending its shares surging 27% in ​extended trading.

The company is seeking to raise about $10bn in bank loans and $30bn in investment-grade debt to fund its blockbuster chip order, according to people familiar with the matter.

Marvell Technology’s stock has been one of the S&P 500’s top performers in 2026, and the company just hinted that its good times could last for years.

AMD plans to substantially increase chip supply in 2027 as the US chipmaker races to meet booming demand from artificial intelligence, CEO Lisa Su said on Tuesday.

A US AI start-up backed by Nvidia and the Trump administration has unveiled its first open-weight model, boosting American ambitions to compete with Chinese groups that dominate the market for public, customisable AI products. 

Shares of chip company Intel slipped on Monday, while rival Taiwan Semiconductor Manufacturing Co.’s rose, after Elon Musk confirmed the Taiwanese company could take part in his massive semiconductor manufacturing project. 

Cerebras Systems shares were gaining in premarket trading Monday after a slump last week. OpenAI CEO Sam Altman has good news about his company’s work with the chip maker.

Amazon’s cloud computing division said on Friday it would invest more than $1 billion over the next five ​years in US communities where it has data centers and ‌vowed to tackle their impacts on electricity and water usage.

ON Semiconductor will acquire Synaptics for cash rather than stock in a downsized deal, according to an amended agreement between the two companies.

Micron reported better-than-expected quarterly results on Wednesday as the memory maker continues to benefit from soaring demand for AI infrastructure. The stock rose slightly in extended trading.

Anthropic’s IPO ​prospectus documents extensive partnerships with a handful of big tech firms. One stands out: chip maker Broadcom.

Advanced Micro Devices said Monday that it’s agreed to acquire World Labs, the San Francisco-based AI lab founded by industry pioneer Fei-Fei Li, for $8.2 billion. The chipmaker, which previously invested in World Labs, said it’s paying for the startup in stock.

Solidigm, a U.S. subsidiary of South Korean chip maker SK Hynix, is weighing an initial public offering as early as next year, Reuters reported Friday, citing people familiar with the matter.

Nvidia was gaining early Monday after the chip maker said it would launch the largest-ever U.S. stock buyback.