Tag: Semiconductors

Nvidia (NVDA.O), will invest up to $100 billion in OpenAI and supply it with data center chips, the companies said on Monday, marking a tie-up between two of the highest-profile players in the global artificial intelligence race.

U.S. chip designer Nvidia (NVDA.O), has signed a letter of intent for a possible $500 million investment in the next funding round at Britain’s Wayve, the autonomous driving technology group said on Thursday.

Intel shares jumped over 24% in pre-market on Thursday, trading above $31, a level not seen since July 2024, after Nvidia announced a $5 billion investment in the chipmaker.

Nvidia’s (NVDA.O), RTX6000D, its newest artificial intelligence chip tailored for the Chinese market, has seen only lukewarm demand with some major tech firms opting not to place orders, two people with knowledge of procurement discussions said.

China’s market regulator on Monday said that Nvidia violated the country’s anti-monopoly law, according to a preliminary probe, adding that Beijing would continue its investigation into the U.S. chip giant.

South Korean memory chipmaker SK Hynix said Friday that it was ready to mass produce its next-generation high-bandwidth memory chips, staying ahead of rivals and sending the company’s stock soaring.

Nvidia and OpenAI are in discussions about backing a major investment in Britain focused on boosting artificial intelligence infrastructure in the country.

Nvidia backed Mistral AI clinched a 11.7 billion-euro ($13.8 billion) valuation in a in a Series C funding round that saw Dutch chip equipment maker ASML secure a major stake in the French firm.

Nvidia (NVDA.O), said on Friday the AI GAIN Act would restrict global competition for advanced chips, with similar effects on the U.S. leadership and economy as the AI Diffusion Rule, which put limits on the computing power countries could have.

Broadcom(AVGO) stock surged after the company announced on its earnings call that it has won an order from a new customer.

Alibaba (9988.HK), ByteDance and other Chinese tech firms remain keen on Nvidia’s (NVDA.O), artificial intelligence chips despite regulators in Beijing strongly discouraging them from such purchases, four people with knowledge of procurement discussions said.

Abu Dhabi-backed technology group G42 aims to diversify chip suppliers beyond Nvidia (NVDA.O), for the UAE-U.S. AI campus, Semafor reported on Monday, citing a person with direct knowledge of the talks.

Nvidia reported better-than-expected earnings and revenue on Wednesday, and said sales growth this quarter will remain above 50%, signaling to Wall Street that demand for artificial intelligence infrastructure shows no sign of fading.

Intel said on Monday that the 10% stake by the U.S. government in the chipmaker could pose risks to its business, from potentially harming international sales to limiting its ability to secure future government grants.

Nvidia has asked some of its component suppliers to stop production related to its made-for-China H20 graphics processing units, as Beijing cracks down on the American chip darling, The Information reported Friday.

Nvidia(NVDA) stock was rising Tuesday following a report that it is aiming to release a new artificial-intelligence chip for the Chinese market.

Intel (INTC.O), is getting a $2 billion capital injection from SoftBank Group (9984.T), in a major vote of confidence for the troubled U.S. chipmaker in the middle of a turnaround.

Foxconn (2317.TW), said on Monday it plans to manufacture data centre equipment with Japan’s SoftBank (9984.T), at the Taiwanese firm’s former electric vehicle factory in Ohio, part of the Stargate project to advance U.S. artificial intelligence infrastructure.

Shares of Applied Materials tumbled nearly 14% in premarket trading on Friday after the chip equipment maker issued weak fourth-quarter forecasts on sluggish China demand, fueling concerns over tariff-related risks.

Intel stock jumped at the end of trading on Thursday and looked set for more gains Friday after a Bloomberg report said the U.S. government is in talks to take a stake in the chip maker.