Japan-backed Rapidus aims to mass-produce 2 nm chips by 2027 at lower prices than TSMC, but TSMC's dominant market share, customer relationships, and manufacturing scale make it difficult for challeng…
Morgan Stanley chief US equity strategist Mike Wilson warned that semiconductor stocks are overbought, with the Philadelphia Semiconductor Index up 96% year-to-date and trading 35% above its 50-day mo…
Morgan Stanley Wealth Management Chief Investment Officer Lisa Shalett warned investors on June 5 that the AI-driven rally in semiconductor stocks may be nearing its end, comparing it to the dot-com e…
Meta plans to begin production of its proprietary 'Iris' AI chip in September 2026 as part of a strategy to double computing power to 14 gigawatts by 2027 and deliver personal super intelligence to us…
Apple announced a multiyear, $30 billion deal with Broadcom to produce custom silicon and wireless components, part of Apple's $600 billion U.S. investment plan. The agreement will expand Broadcom's F…
Meta plans to start production of its Iris AI chip in September, according to an internal memo reviewed by Reuters. The chip, designed with Broadcom and manufactured by TSMC, will support generative A…
SK hynix raised approximately $26.5 billion through a U.S. share offering, the largest-ever U.S. listing by a foreign company, as surging demand for AI memory chips drives growth. The South Korean sem…
Meta plans to begin manufacturing its custom AI chip, codenamed Iris, in September as part of a push to reach 14 gigawatts of computing capacity by 2027. The chip, built with Broadcom and TSMC, is cen…
Apple released iOS 27 beta 3 with various changes, and Siri AI is now available on Apple Watch. The company is also lobbying to use Chinese memory components and signed a new deal with Broadcom, while…
Meta CEO Mark Zuckerberg plans to double the company's AI computing infrastructure to 14 gigawatts by 2027, with spending up to $145 billion, according to an internal memo. The massive buildout includ…
Meta's stock rose 8% after reports that it is exploring a cloud business to sell excess AI computing power and developing a custom AI chip called Iris, easing investor fears about its massive infrastr…
Meta plans to start manufacturing its Iris AI chip in September 2026, working with Broadcom on design and TSMC on manufacturing, as part of a push to expand compute capacity from 7 gigawatts in 2026 t…
Meta Platforms will begin manufacturing its in-house AI chip, code-named Iris, in September, according to an internal memo. The chip, designed with Broadcom and fabricated by TSMC, is part of Meta's M…
The Nasdaq Composite surged roughly 1.1% on July 9, erasing July losses as semiconductor stocks like Micron, Nvidia, and Broadcom rebounded after a brutal profit-taking period. The recovery was fueled…
Meta plans to design its own AI chips starting in September under the internal project "Iris," aiming to reduce dependence on Nvidia and cut costs amid strained supply chains. The social media giant i…
Jefferies analyst Blayne Curtis reiterated a Buy rating and $550 price target on Broadcom, citing an improving outlook for its AI chip business. The company has a long-term agreement with Google throu…
Meta will begin production of its latest AI chips in September, aiming to reduce GPU costs amid a component shortage. The chips, developed under the MTIA program with Broadcom and manufactured by TSMC…
OpenAI scheduled a 10 a.m. Pacific livestream for July 9th without specifying the product, a deliberate tactic to concentrate attention and prevent competitors from preparing. The announcement follows…
OpenAI and Broadcom unveiled Jalapeño, OpenAI's first custom inference chip, on June 24, targeting 50% lower cost per token than Nvidia GPUs. The ASIC, built in nine months at TSMC's 3nm node, will no…
Apple's $30 billion chip deal with Broadcom will create only "hundreds" of jobs, according to the companies' own accounting. The bulk of the commitment is a purchasing agreement, not capital expenditu…