Intel is cutting 103 jobs in its Data Center and AI Group, its fastest-growing division, effective August 15, according to TrendForce and confirmed by Benzinga. The division posted $5.05 billion in Q1…
Baseten, an AI infrastructure company, has raised a $13 billion Series F round, becoming one of the new AI infrastructure decacorns. In a recent episode of the Latent Space podcast, Baseten's Philip K…
The crypto industry, which spent more than any other to back Donald Trump's campaign, received none of its top legislative priorities, including the CLARITY Act and a strategic Bitcoin reserve, while …
Tech stocks rose in early trading Monday as investors await SpaceX's first-ever quarterly earnings report after the bell on Tuesday, with the company's stock down nearly 30% from its $150 debut price.…
Semiconductor stocks fell in early trading Monday, with the PHLX Semiconductor Index declining 2% amid fears of increased competition from China, as Micron Technology and SK Hynix shares tumbled aroun…
Wall Street opened the week higher, with the S&P 500 up 0.3%, the Dow Jones Industrial Average up 0.5%, and the Nasdaq Composite up 0.4%, as oil prices fell over 5% after the U.S. and Iran agreed to h…
Kioxia has announced its GP1 SSD, a Gen 2 XL-FLASH drive delivering 10 million IOPS and sub-5μs latency, nearly eight times faster than Intel's Optane DC P5800X in IOPS terms, targeting AI memory exte…
AMD will report Q2 earnings on Tuesday as chip stocks have dropped 20% since mid-June. AMD stock is up 194% in the last 12 months, driven by AI demand for CPUs. The company launched its Helios racksca…
TSMC accelerated construction of its 1.4-nanometer fab in Taichung, with trial production targeted for the third quarter of 2027, widening its lead over Samsung and Intel in advanced AI silicon manufa…
Microsoft, Amazon, Apple, and Meta posted record quarterly revenues, with Microsoft at $90.01 billion, Amazon at $200.61 billion, Apple at $109.42 billion, and Meta at $60.80 billion, while AI capital…
Taiwan Semiconductor Manufacturing Co. reported Q2 2026 revenue of $40.2 billion, a 36% year-over-year increase, and net profit of NT$706.56 billion ($21.99 billion), up 77.4%, while raising its 2026 …
Intel reported second-quarter revenue of $16.1 billion on July 23, up 25% year-over-year, its strongest growth in over 15 years, driven by a 59% jump in Data Center and AI revenue to $6.3 billion. The…
MSI's Vector 16 HX AI gaming laptop, featuring Intel's Core Ultra 9 275HX processor and NVIDIA's GeForce RTX 5080 Laptop GPU with 16GB of dedicated memory, is available at a discounted price on Amazon…
PCIe Gen6 servers will begin shipping in the second half of 2026, doubling per-lane transfer rates over Gen5 and enabling 800Gbps network bandwidth from a single x16 slot, but Gen5 storage will remain…
Google Cloud announced the general availability of Managed Lustre, a high-performance storage solution powered by DDN's EXAScaler, offering throughput from 125 MB/s to 1000 MB/s per TiB and scaling up…
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…
Intel's EMIB packaging technology is gaining traction as TSMC's CoWoS advanced packaging lines are booked through 2027, with Google committing to order more than 3 million units of Intel's EMIB-T for …
AMD shares surged more than 13% to near $500 after Microsoft Corp. reported Azure crossed $100 billion in annual revenue, providing evidence that AI infrastructure spending is generating real returns.…
ZML, a Paris startup, released LLMD on July 8, a free, open-source inference server that runs LLaMA, Gemma, Qwen, and Mistral on NVIDIA CUDA, AMD ROCm, Google TPU, Intel oneAPI, and Apple Metal from a…
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…