Tag: Semiconductors
Exclusive: Positron raises $230M Series B to take on Nvidia’s AI chips | TechCrunch
Semiconductor startup Positron has secured $230 million in Series B funding, TechCrunch has exclusively learned. The outfit plans to use the capital to speed...
AI chip designer Biren’s shares surge 76% on debut in Hong Kong | Fortune
Shares of Shanghai Biren Technology Co. jumped almost 76% in their trading debut on Friday, marking the best first-day performance since early 2021 among...
Why Singapore is the only Southeast Asian country in Pax Silica, the U.S.’s new AI ‘inner circle’ | Fortune
With its new Pax Silica Declaration, Washington has picked its most trusted partners in the AI sector: An array of close U.S. allies, including...
‘The rocket ship keeps going off’: inside the Nvidia phenomenon with author Stephen Witt | Fortune
For employees at Nvidia, the chipmaker at the center of the artificial intelligence (AI) boom, the financial incentives to retire are staggering, yet few...
Top analyst says Netflix’s $72 billion bet on Warner Bros. isn’t about the ‘Death of Hollywood’ at all. It’s really about Google | Fortune
Netflix’s $72 billion play for Warner Bros. is as much a bet on the future of artificial intelligence (AI) and chips as it is...
OpenAI-Broadcom agreement sends shares of chipmaker soaring | Fortune
Broadcom Inc. shares jumped after OpenAI agreed to buy the company’s custom chips and networking equipment in a multiyear deal, part of an ambitious...
Nvidia’s China-based rival posts 4,300% revenue jump as chipmakers’ earnings reported no H20 chip sales to the country
Cambricon, a China-based semiconductor firm, posted record profit in the first half of the year, along with revenue that surged roughly 4,300%.
The earnings, released...
Nvidia earnings beat Wall Street’s sky-high expectations, but the stock is falling because ‘there were no H20 sales to China-based customers’
Nvidia recorded no China sales revenue for H20 chips and just narrowly beat Wall Street estimates as the AI chipmaker reported quarterly earnings Wednesday....
China AI chip leader Cambricon sees record earnings boost from DeepSeek
Cambricon Technologies Corp. swung to a record profit in the first half, reflecting a wave of demand for Chinese chips after Beijing encouraged the...
AI mania or AI bubble? Nvidia’s earnings—and its China exposure—will decide how Wall Street answers that question
Nvidia’s earnings aren’t just about Nvidia anymore. The $4 trillion chipmaker’s quarterly financials have become a litmus test for the AI boom—and, by extension,...
