Sandisk stock rose after a leaked memo revealed a multi-year flash supply agreement with Meta Platforms, marking the first known long-term agreement (LTA) in the NAND area. The deal supports Meta's AI…
SK Hynix stock sank 15% in Asia on Monday, leading a broad decline in chip stocks as investors took profits amid concerns of an overstretched AI trade and a report that the company's operating profit …
TSMC broke ground on three advanced packaging facilities in the second phase of the Chiayi Science Park in southern Taiwan, National Science and Technology Council minister Wu Cheng-wen said Sunday. T…
A Broadcom survey finds 56% of enterprises are transitioning to or planning private cloud environments for AI, driven by concerns over data sovereignty, security, and governance. Oliver Rowell of Xtra…
Enterprises are shifting production AI workloads from public to private cloud, with Broadcom's Private Cloud Outlook 2026 finding that 56% of enterprises now run or plan to run production AI inferenci…
SK Hynix raised $26.5 billion in the largest foreign IPO in US history, signaling investor demand for memory chips over GPUs. NVIDIA's stock fell 15% while memory maker Micron tripled, and H100 GPU re…
Meta plans to begin production of its new AI chip, Iris, in September, aiming to reduce reliance on Nvidia GPUs. The company targets 14 gigawatts of AI computing capacity by 2027 and has raised capita…
Apple stock hit an all-time high of $316.22 as investors use it as a defensive hedge against massive AI investments elsewhere in Big Tech. The company's relative inaction on AI and lower capital expen…
Apple announced on June 26 that it will skip the M6 Pro and M6 Max chip variants to fast-track an AI-optimized M7 chip family expected in 2027, while locking in a $30 billion deal with Broadcom for US…
AIC unveiled the F2032-01-G6 JBOF server at Computex, a 2U storage appliance holding 32 PCIe Gen6 E3 SSDs for up to 8PB of capacity, designed for AI key-value caching. The system uses Broadcom's 144-l…
South Korea's FuriosaAI has deployed its Renegade inference chips at Equinix's LS2 data center in Lisbon, marking the company's first commercial rollout in Europe. The chip, built on a 5-nanometer Ten…
Big Tech hyperscalers are spending heavily on AI infrastructure, causing their free cash flow to turn negative, while chipmakers like Nvidia and Micron are cashing in with rising free cash flow, accor…
Chinese AI startup DeepSeek is developing its own inference chip to reduce reliance on NVIDIA and Huawei, according to Reuters. The move aims to cut API costs and stabilize supply amid export restrict…
Meta is transitioning from an ad-driven giant to a vertically integrated AI hyperscaler with its custom 'Iris' AI chip scheduled for production in September 2026 and the launch of 'Meta Compute,' a ne…
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…