Tag: Semiconductors

Micron Technology (MU) is adding memory-chip manufacturing capacity as fast as it can. Don’t expect that to significantly ease the shortages which are roiling the smartphone and personal-computer markets and boosting the company’s earnings.

Nvidia (NVDA)  CEO Jensen Huang is set to detail the company’s hardware and software ‌plans to a large crowd in San Jose, California, at the company’s annual developer conference on Monday.

Shares of Nebius Group popped 10% on Wednesday after Nvidia announced it will invest $2 billion in the artificial intelligence cloud company.

Taiwan Semiconductor Manufacturing Co.’s sales rose 30% in the first two months of the year, buoyed by the robust pace of AI infrastructure construction prior to the outbreak of conflict in the Middle East.

AI data center startup Nscale has raised $2 billion at a $14.6 billion valuation, the company announced on Monday, as the AI infrastructure boom continues.

Marvell Technology stock was popping early Friday after the chip maker reported better-than-expected fourth-quarter earnings. Providing custom artificial-intelligence chips and networking products is proving to be a healthy mix.

Meta Platforms (META) has signed a multi-billion dollar deal to rent artificial intelligence chips from Google (GOOGL), to develop new AI models, The Information reported on Thursday, citing a person involved in the talks.

Nvidia (NVDA), opens new tab will invest $2 billion each in photonic product makers Lumentum (LITE), opens new tab and Coherent (COHR), opens new tab to support the companies’ research and development and manufacturing operations in the U.S., the companies said on Monday.

OpenAI has closed a $110 billion funding round, a financing that’s more than double the size of its last raise a year ago, which was a record for a private tech company.

A 20% slide in Baidu Inc.’s shares over the past month serves as a crucial reminder for companies in China’s rapidly intensifying artificial intelligence race: investors are demanding tangible results.

Nvidia reported better-than-expected fiscal fourth-quarter results on Wednesday, driven by 75% revenue growth in its core data center business. The stock rose initially rose in extended trading before paring most of its gains.

In addition to running Intel, Lip-Bu Tan is chairman of artificial intelligence chipmaker SambaNova, which he first invested in eight years ago. Now Intel is pumping money into the startup as it tries to take on industry leader Nvidia.

Advanced Micro Devices (AMD)stock surged 14% in premarket trading Tuesday after the chip maker agreed to a long-term deal with Meta Platforms (META).

Nvidia is in discussions to invest up to $30 billion in OpenAI as part of a funding round that could value the artificial intelligence startup at a $730 billion pre-money valuation, CNBC has confirmed.

Meta Platforms (META) is expanding its business with Nvidia (NVDA) in a chips-and-networking deal likely to be worth tens of billions of dollars. It’s a reminder the chip maker is still the leading player in artificial-intelligence processors.

New York-listed shares of British semiconductor firm Arm ticked 1.4% higher in premarket trading on Wednesday, after documents showed Nvidia sold its stake in the company it once wanted to buy.

Shares of Analog Devices (ADI) rose Wednesday after the chip maker reported better-than-expected fiscal first-quarter earnings and issued strong guidance for the current second quarter.

Applied Materials (AMAT) rose sharply following its earnings report. It’s another sign that chipmaking equipment companies are some of the big beneficiaries from the artificial-intelligence boom.

Samsung Electronics (5930) said Thursday that it has become the first company to ship a new type of memory-chip crucial for artificial-intelligence processors. But Micron Technology (MU) is hot on its heels.

GlobalFoundries (GFS) forecast first-quarter revenue above Wall Street expectations on Wednesday, bolstered by strong demand for its chips, and announced a $500 million share buyback program, sending its shares up over 7% in premarket trading.