Is AI facing a big financial reckoning?
Sharp falls in the value of chip makers have stoked investor concerns that the euphoria around AI related companies is fading, according to BBC Technology.
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Sharp falls in the value of chip makers have stoked investor concerns that the euphoria around AI related companies is fading, according to BBC Technology.
Eliyan Corporation closed a $145 million Series C at a $1 billion valuation, led by Seligman Ventures and joined by Cisco Investments and Lumentum, to expand from electrical chiplet interconnects into electro-optical lin…
Eliyan Corp., a Silicon Valley-based chip interconnect startup, raised $145 million in Series C funding led by Seligman Ventures, with Cisco Ventures and Lumentum participating, achieving a $1 billion valuation. The comp…
Eliyan, a maker of chiplet interconnect technologies for AI, raised $145 million at a $1 billion valuation, led by Seligman Ventures with participation from Cisco Investments and Lumentum. The funding will expand the com…
Eliyan Corporation, a Santa Clara-based semiconductor startup founded in 2021, has raised $145 million at a $1 billion valuation to develop chiplet interconnect technology that eliminates data bottlenecks in AI chips. Th…
Chip design startup ChipAgents has raised an additional $60 million to expand its Series A round, bringing total funding to $131 million, to accelerate semiconductor development with autonomous AI agents. The round was l…
SK Hynix reported operating profit of 8.4 trillion won ($6.1 billion) for Q2 2026, a 557% year-over-year surge driven by HBM3E demand for NVIDIA AI accelerators, but shares slid 4% after the company guided 37 trillion wo…
SK Hynix reported Q2 2026 revenue of 79.3 trillion won, operating profit up 557% year-over-year to 60.5 trillion won, and net profit of 93.9 trillion won, yet its stock dropped 10-15% in Seoul trading due to unmet analys…
Applied Materials Inc. acquired Sigray Inc., a Benicia-based X-ray technology company, in February for an undisclosed amount, according to Applied Materials spokesperson Ricky Gradwohl. The deal adds Sigray's X-ray instr…
ChipAgents, an AI startup, extended its Series A funding to $134 million with backing from Micron and MediaTek, driven by sixfold annual recurring revenue growth.
ASMPT Group CEO Robin Ng said in a July 29 Bloomberg interview that chip architecture will keep evolving as AI systems demand more silicon, with the semiconductor packaging giant benefiting from multi-chip architectures …
Samsung engineers are defecting to rival SK Hynix, demoralized by the $476,000 bonus SK Hynix is paying employees from record profits on HBM chips for Nvidia's AI accelerators. Meanwhile, OpenAI's rogue agent compromised…
South Korea's Kospi stock index fell 6% on Wednesday, down over 32% in the last month, driven by investor jitters over AI chipmakers SK Hynix and Samsung Electronics. SK Hynix closed over 9.6% down after missing analysts…
Micron Technology CEO Sanjay Mehrotra sold $37.3 million worth of MU stock on July 24, days before South Korea's KOSPI index crashed nearly 11% on July 28, triggering a broad semiconductor sell-off. The stock fell 8.8% o…
Best Buy is offering HP's OmniBook X 16-inch 2K OLED Copilot+ laptop with Qualcomm's Snapdragon X2 Elite processor and 24GB RAM for $899.99, a $550 discount from its $1,450 regular price, marking the lowest price tracked…
SambaNova, a chip startup founded in 2017 by Kunle Olukotun, Chris Ré, and Rodrigo Liang, has raised over $1 billion in a Series F at an $11 billion valuation, positioning its Reconfigurable Dataflow Units (RDU) as an en…
NVIDIA is in talks to guarantee roughly $250 billion in financing for a proposed OpenAI data-center campus in Ohio, creating a circular system where supplier financing supports customer purchases and boosts the supplier'…
Global air cargo demand rose 7% year-over-year in June 2026, driven by AI hardware and semiconductor shipments from Asia to North America, according to a July 2026 report from freight analytics platform Xeneta. Semicondu…
NextEra Energy and Brookfield are reportedly planning a $100 billion data campus in Kentucky, which would be one of the largest data center developments in US history, driven by surging AI demand for power. The project, …
China's ChangXin Memory Technologies (CXMT) raised US$9.8 billion in a Shanghai stock offering to expand DRAM production, sending shares of rivals SK Hynix and Micron Technology lower. The CXMT debut and China's advances…