The AI industry is a sham propped up by manufactured consent and circular financing, and it should not be bailed out. Companies like OpenAI and Anthropic are losing money, with revenues driven by grif…
South Korea plans up to $1.3 trillion in tech investments over the next decade, led by Samsung Electronics and SK Hynix, to boost AI-driven chip production and infrastructure. The announcement, set fo…
Rep. Alexandria Ocasio-Cortez called for Congress to break up Apple amid looming price hikes on MacBooks and iPhones due to a strained chip supply chain, arguing that big tech companies wield unchecke…
The US Department of Commerce awarded a $500 million CHIPS Act grant to SandboxAQ, an Alphabet spinoff backed by Nvidia, to discover new materials for semiconductor manufacturing. The funding aims to …
The US Department of Commerce awarded a $500 million grant to SandboxAQ, an AI startup spun out of Alphabet, to discover new chipmaking materials under the CHIPS Act. The company will use AI to find a…
Intel's price-to-sales ratio surged from under 2x to over 11x in a year, driven by AI chip momentum, government equity stake, and strong earnings. The rapid valuation increase draws comparisons to dot…
The US Department of Commerce awarded AI startup SandboxAQ $500 million under the CHIPS Act to develop new semiconductor materials, reducing reliance on Chinese supply chains. The government takes an …
Coherent broke ground on an expanded indium phosphide wafer fab in Sherman, Texas, with NVIDIA CEO Jensen Huang and Coherent CEO Jim Anderson attending the June 16 ceremony. The facility, supported by…
Coherent Corp invested $650 million to expand its semiconductor facility in Sherman, Texas, quadrupling wafer production capacity and creating about 1,000 jobs, backed by up to $50 million in CHIPS Ac…
Coherent broke ground on an expanded manufacturing facility in Sherman, Texas, to scale production of indium phosphide wafers for AI optical interconnects. NVIDIA CEO Jensen Huang and Coherent CEO Jim…
Nokia is expanding its semiconductor operations in Allentown, Pennsylvania, to increase photonic chip production tenfold by Q3 2026, aiming to meet AI infrastructure demand. The $500 million expansion…
Amkor Technology (AMKR) trades at roughly 2.35 times forward revenue while delivering 27.5% year-over-year growth, positioning the semiconductor packaging firm as a potential chokepoint in the AI supp…