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…
Micron Technology, Sandisk, and Marvell stocks jumped on Thursday, leading a broader chip sector rally driven by AI memory demand. The gains followed reports that SK Hynix's US IPO is oversubscribed, …
Meta plans to launch its own AI chip in September, designed for use in its data centers to power AI features on Facebook and Instagram. The chip, developed with Broadcom and manufactured by TSMC, aims…
Apollo Global Management and Blackstone are set to begin trading portions of a $35 billion private credit deal financing AI chip infrastructure for Broadcom and Anthropic, with about $15 billion expec…
Meta plans to put its own AI chip into production in September and aims to roughly double computing capacity across its data centers, according to Reuters. The chip, part of Meta's MTIA line, is desig…
Rackspace Technology announced a capital raise and updated outlook on July 9, 2026, to accelerate its enterprise AI strategy, including regulated and sovereign deployments with Palantir Foundry and AI…
Meta plans to manufacture its next-generation Iris AI chip in September, targeting a 25x increase in compute FLOPS and a 4.5x improvement in memory bandwidth by 2027. The in-house silicon push, fabric…
South Korean fabless chip startup FuriosaAI is expanding into Europe by deploying its RNGD AI inference accelerators in Equinix's Lisbon LS2 data center, aiming to attract European enterprises seeking…
Xsight Labs is developing networking gear for AI and SpaceX satellites, with a focus on full switch programmability, on-path cores in DPUs, and open-sourcing the ISA. The company's 12.8T power-optimiz…
Broadcom's stock surged following a report that Apple is developing its own AI server chip with Broadcom, while Nvidia's stock fell on the news. The deal positions Broadcom as a key supplier for Apple…
Samsung has begun mass production of the PM1763, its first PCIe Gen6 enterprise SSD, offering sequential reads up to 28,400 MB/s and writes up to 21,000 MB/s. The drive, built with 9th-generation V-NA…
Apple and Broadcom announced a $30 billion partnership to manufacture AI chips in the United States, boosting domestic semiconductor production. The deal underscores the companies' commitment to Ameri…
Apple pledged to buy $30 billion of Broadcom's US-made chips, with $1.5 billion allocated to upgrade a Broadcom facility in Colorado. The deal aims to produce 15 billion US-made chips for Apple produc…
D-Matrix launched its Corsair AI inference platform, claiming 10x faster inference and 5x better energy efficiency than Nvidia GPUs for generative AI workloads. The startup, backed by $275 million in …
Major chip stocks including SK Hynix, Samsung, Micron, and AMD have plunged double digits in a semiconductor sell-off driven by profit-taking, stretched valuations, and disappointing guidance from Bro…
Wall Street stängde på rött på tisdagen med Nasdaq som föll mest, tyngt av AI-relaterade bolag och halvledaraktier efter svaga kvartalsrapporter. Oljepriserna steg över 5 procent efter USA:s beslut at…
DeepSeek is developing its own AI inference chip, according to a Reuters report, as founder Liang Wenfeng pushes the Hangzhou AI lab into chip design to reduce dependence on Nvidia and Huawei hardware…
South Korean chip startup FuriosaAI has activated its RNGD AI accelerators at Equinix's Lisbon datacentre, offering European enterprises a cooler, cheaper alternative to Nvidia chips. The 180-watt acc…
Wall Street fell on Tuesday as semiconductor stocks slumped after Samsung's mixed earnings, with the Dow Jones down 0.3%, S&P 500 down 0.3%, and Nasdaq Composite down 0.7%. Investors rotated into defe…