Broadcom and Nvidia have moved co-packaged optics (CPO) into production, with Broadcom's Tomahawk 5-Bailly as the first volume-production CPO solution and Nvidia's Spectrum-X Ethernet Photonics switch…
SpaceX CEO Elon Musk announced on Wednesday's earnings call that the company will exclusively use Nvidia GPUs, citing the Vera Rubin architecture as the best AI computer. SpaceX reported Q2 revenue of…
TSMC is on track to reach a monthly capacity of nearly 100,000 2nm wafers by the end of this year, driven by strong demand from AI customers such as Nvidia, AMD, and Broadcom, according to Taiwan's Ec…
Intel shares jumped 10% on August 4, 2026, to close at $99.74, lifting the broader chip sector and increasing the paper value of the U.S. government's 10% stake in the company to more than $40 billion…
Blackstone has opened early talks with investors on a second mega debt package of at least $36 billion to finance Anthropic's use of Google's custom TPU chips, according to Bloomberg. The deal follows…
Google is working with Broadcom, Apollo, Blackstone, and Morgan Stanley on a multibillion-dollar financing structure that supplies Anthropic with AI chips and data centers while keeping most of the ri…
Broadcom has joined Nvidia's Open Secure AI Alliance, expanding the venture's membership from nearly 40 founders to 74, with Broadcom's Infrastructure Software Group leading its involvement. The allia…
Google has assembled a $44 billion financing machine to challenge Nvidia's AI chip dominance, using off-balance-sheet lease backstops to accelerate adoption of its custom Tensor Processing Units (TPUs…
MediaTek is lining up $5 billion in financing to expand into AI datacenter silicon, targeting a slice of a market it expects to be worth up to $80 billion next year. The Taiwanese chipmaker aims to ca…
Arm Holdings plc reported that customer commitments for its AGI CPU, its first data center chip built for AI agent workloads, have doubled to over $2 billion in a single quarter, but the company has o…
Semiconductor stocks lost approximately $1.3 trillion in market value in early June 2026 as the crowded AI trade unraveled, with the Philadelphia Semiconductor Index (SOX) falling into bear market ter…
South Korean companies and U.S. technology firms announced AI semiconductor cooperation projects valued by Seoul at a reported $950 billion during a July 24 San Francisco summit hosted by President Le…
Citadel, led by Ken Griffin, has acquired the bulk of Situational Awareness' public equity portfolio after the AI-focused hedge fund suffered steep losses during July's AI stock downturn. The portfoli…
Nexus Data Centers is in advanced talks to secure a $15 billion financing package led by Morgan Stanley to build an Anthropic AI campus in Hubbard, Texas, according to CNBC, Bloomberg, and The Wall St…
In the last two weeks, AI capabilities have surged while economic and political support has weakened, with Alphabet's free cash flow turning negative for the first time, Meta's stock plunging nearly 1…
Leopold Aschenbrenner's AI-focused hedge fund, Situational Awareness, sold most of its public-stock portfolio to Ken Griffin's Citadel after a 67% July loss erased much of its 2026 gains, according to…
Citadel, the hedge fund led by Ken Griffin with about US$71 billion in assets under management, has agreed to buy most of the stock portfolio of Situational Awareness, an AI-focused hedge fund run by …
Citadel, Ken Griffin's $71B hedge fund, acquired a $5.5B portfolio of AI-related stocks from Leopold Aschenbrenner's Situational Awareness LP on July 30, including roughly $1B in Bitcoin mining stocks…
Citadel acquired the entire public-equities portfolio of Leopold Aschenbrenner's hedge fund Situational Awareness after leveraged AI bets suffered steep losses, according to multiple reports. The July…
Meta stock tumbled nearly 9% on Thursday after the company reported a 91% plunge in free cash flow to $784 million and plans to spend up to $145 billion this year on AI infrastructure, extending a rec…