NVIDIA is a semiconductor company best known for its GPUs, which are the primary compute hardware for training and running AI models. Its H100 and A100 chips power the majority of AI data centers worldwide.
Chinese AI startup DeepSeek is aggressively hiring technical talent and optimizing its models for domestic Huawei chips, doubling its workforce amid US export restrictions. The company, valued at over…
Nscale closed a $900 million revolving credit facility on July 7, 2026, to fund AI data-center expansion across the US, Europe, and Asia-Pacific, syndicated by J.P. Morgan, Goldman Sachs, and Morgan S…
Synopsys is discontinuing its chip fab manufacturing control software to redirect engineers toward more profitable AI chip design tools, a move confirmed by internal sources and affecting customers in…
SK Hynix's stock in Seoul has fallen 17% this month ahead of its $28 billion Nasdaq debut, threatening the pricing of the offering. The volatility, triggered by Meta Platforms' cloud pivot and amplifi…
South Korea's stock market has doubled this year, driven by AI-linked semiconductor stocks like SK Hynix and Samsung Electronics, but leveraged ETFs and retail borrowing have fueled extreme volatility…
Samsung Electronics expects a 19-fold jump in quarterly operating profits to 89.4tn won, driven by surging demand for AI memory chips. The company's earnings guidance for April-June marks its third co…
Billionaire Jeffrey Talpins, founder of Element Capital Management, disclosed a $43.58 million stake in Micron Technology as of March 31, 2026, betting on sustained demand for high-bandwidth memory ch…
UK-based AI infrastructure company Nscale secured a $900 million revolving credit facility to expand its global data-center footprint, backed by Nvidia. The company, which spun out of Bitcoin miner Ar…
Meta Platforms announced plans to spend between $115 billion and $145 billion on AI infrastructure in 2026, nearly double its 2025 spending, triggering over $1 trillion in market cap losses across AI …
Samsung Electronics reported a second-quarter operating profit of 89.4 trillion won ($58.4bn), a 19-fold increase year-over-year, driven by surging demand for AI memory chips. Revenue more than double…
Chinese companies plan to allocate 46% of their AI chip budgets to domestic suppliers within a year, up from 30% currently, according to a Bloomberg Intelligence survey. The shift is driven by U.S. ex…
Nvidia became the first company to reach a $5 trillion market capitalization on October 29, 2025, driven by its early bet on parallel computing through CUDA in 2006. The company's chips, initially use…
Samsung Electronics reported a record quarterly operating profit of 89.4 trillion won ($58.6 billion) for Q2, surpassing Nvidia's previous record, driven by surging demand for AI memory chips. The pro…
Asian markets fell sharply on July 7, 2026, with South Korea's Kospi dropping 7.6% and shares of Samsung Electronics and SK Hynix each slumping 8.7%, despite Samsung reporting a 19-fold surge in opera…
Samsung Electronics reported a 19-fold jump in Q2 operating profit to 89.4 trillion won, driven by surging demand for AI memory chips, but shares fell nearly 8% as investors worry the AI boom may be c…
In 2026, over 150,000 tech workers have been laid off across 363 events, with companies explicitly citing AI as the primary driver while posting record profits. Cloudflare cut 20% of its workforce dur…
Chinese firms are shifting from Nvidia to domestic AI chips as Beijing certifies nine homegrown processors for state procurement, potentially collapsing Nvidia's China market share from 66% to 8% by 2…
Cerebras is running OpenAI's GPT-5.6 Sol at 750 tokens per second on its WSE-3 chip, a 10x throughput improvement over Nvidia H100 clusters. This drastically reduces agentic workflow latency, but acce…
SK Hynix is listing American depositary shares on the Nasdaq under ticker SKHY, giving U.S. investors direct access to the dominant HBM chipmaker. The $28.1 billion offering, the largest-ever U.S. sto…
A developer successfully runs the Qwen3.6-27B-FP8 model locally on an Nvidia DGX Spark, achieving reasoning, tool use, and multi-token prediction at 256K context, and uses it to ship real code for an …