Buoyed by expanded AI infrastructure investment, demand for enterprise SSDs surged, driving sharp growth in the global NAND flash market in the …
chip
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Nvidia has announced record quarterly profit and revenue amid explosive demand for its advanced AI chips. The US tech behemoth said on Wednesday that profit soared to $58.3bn for the February-April period, up 37 percent from …
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Artificial Intelligence
Nvidia Says It Has ‘Largely Conceded’ China’s AI Chip Market to Huawei
by Editorby EditorNvidia CEO Jensen Huang said the company has “largely conceded” China’s artificial intelligence chip market to Huawei, as U.S. export restrictions continue to …
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Artificial Intelligence
Traders Will Soon Be Able to Bet on Computer Chip Prices as AI Drives Costs Skyward
by Editorby EditorA new futures market for semiconductors will let traders hedge their artificial intelligence investments with bets on the increasingly expensive price of …
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Artificial Intelligence
Nvidia Has Already Committed $40B to Equity AI Deals This Year
by Editorby EditorNvidia continues to be a major investor in the AI ecosystem, committing more than $40 billion to equity investments in AI companies …
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Artificial Intelligence
South Korean Shares Hit All-Time High on AI-Led Chipmaker Rally
by Editorby EditorSEOUL: South Korean shares hit record highs on Monday (May 11), as chipmakers extended gains amid optimism over artificial intelligence, bolstered by …
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Artificial Intelligence
Marvell Pops on Report It Will Help Google with Custom AI Chips. Broadcom Shares Sink
by Editorby EditorShares of Marvell Technology gained nearly 6% on Monday amid reports that Google will use the chip design firm for two new chips to power artificial intelligence workloads. Until now, …
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Cadence, a US chip design software company, has expanded its partnership to add Nvidia AI and accelerated computing tools to chip design, …
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Artificial Intelligence
Chinese Chip Firms Hit Record High Revenue Driven By The AI Boom And U.S. Curbs
by Editorby EditorChinese semiconductor firms have reported record revenue last year driven by AI demand, a shortage of memory chips and U.S. export restrictions …
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Artificial IntelligenceGlobal Developments
South Korea’s Upstage in Talks with AMD to Buy 10,000 AI Chips
by Editorby EditorSouth Korean AI startup Upstage is in talks with Advanced Micro Devices (AMD) to buy 10,000 MI355 AI accelerators as it looks to add …