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 …
Singapore chip stocks AEM and UMS Integration led a tech surge on Friday (Jul 31) as confidence returned to the artificial intelligence trade, with AEM rising as much as 12.5% to S$8.52 and UMS adding…
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…
IDC raised its AI infrastructure spending forecast for 2026 and beyond, reporting that global spending on AI servers and storage reached $89.7 billion in Q1 2026, up 33.1% from Q1 2025. Arm-based AI s…
Sandisk and SK Hynix are developing high-bandwidth flash (HBF) memory technology that could boost GPU accelerator memory capacity from hundreds of gigabytes to terabytes by stacking NAND flash layers,…
TSMC is developing an EMIB-like advanced packaging technology to compete with Intel's Embedded Multi-die Interconnect Bridge, according to sources close to The Information. The company's existing CoWo…
Intel's EMIB (Embedded Multi-die Interconnect Bridge) packaging technology has secured Google, Amazon, Cisco, SpaceX, and Tesla as external customers, with Google adopting EMIB-T for its 9th-generatio…
TSMC is developing a new chip packaging technology called CoPoS (Chip-on-Panel-on-Substrate) that replaces traditional circular 300mm wafers with rectangular 310×310 mm panels to increase usable surfa…
The U.S. government awarded GlobalFoundries $300 million to accelerate development of its silicon photonics platform at Fab 8 in Malta, New York, aiming to improve bandwidth density, power efficiency,…
A humanoid robot powered by Qualcomm's Dragonwing IQ10 AI chip collapsed on stage during a live demonstration at Computex 2026 in Taipei, sparking viral attention and raising questions about robotics …
Khadas has raised the price of its Mind Pro mini PC with Intel Core Ultra X7 and 64 GB memory by $300 to $2,599, citing hardware shortages driven by the AI boom. The brand delayed or canceled other ve…
Qualcomm is unlikely to become a major player in the datacenter market anytime soon, according to an analysis by The Register. The chipmaker's efforts to enter the datacenter space have faced challeng…
A global RAM shortage driven by AI data centers is raising PC prices and making it harder to find good Windows laptops, according to Mashable. After testing nearly 50 models, Mashable's Haley Henschel…
Intel's Arc Pro B70 GPU crashes under sustained inference load in production, according to ModDog bot developer who pulled the card from his fleet after six weeks of testing. The 32GB card, priced at …
Intel Foundry is scaling advanced chip packaging at its Rio Rancho, New Mexico facilities to enable next-generation AI semiconductors, expanding packages to 8x the industry standard today and over 12x…
Wall Street futures point to a mixed open, with Nasdaq futures slightly negative after AI-related stocks fell earlier this week, while S&P 500 futures are flat and Dow futures are down 0.6%. Asian mar…
ASM, the Dutch chip machine maker, reported a record quarterly revenue of over €1 billion and net profit of €285 million, driven by AI infrastructure demand, despite initial investor concerns over Chi…
AMD is leveraging its rackscale AI system roadmaps to compete for datacenter spending, with CEO Lisa Su unveiling CPU and GPU plans at the Advancing AI 2026 event. The company has regained credibility…
Apple became the second company to reach a $5 trillion market capitalization, hitting $5.04tn on Tuesday, as investors fled AI and semiconductor stocks amid a broader tech sell-off. The iPhone maker's…
Intel's Optane memory and storage technology, co-developed with Micron and based on 3D XPoint, was discontinued in 2022 after failing to find a market due to high cost and slow density improvements, b…