Secure Massive AI Chip Deal Between Snowflake and Amazon
Snowflake has announced a significant five-year deal with Amazon to secure specialized AI chips. This move comes amid increasing competition in the AI chip market.
chips
Latest news and articles about chips from NEX English
Invest $119 Billion in Chip Factory to Transform AI Industry
Musk's company announced a massive investment of <strong>$119 billion</strong> to establish a new chip factory, marking a significant shift in the artificial intelligence sector. This strategic move aims to enhance the company's capabilities in this growing field.
Cerebras Aims to Set Share Price Between $115 and $125 in IPO
Cerebras, a leader in artificial intelligence chip manufacturing, is targeting a share price between <strong>$115 and $125</strong> for its upcoming IPO in the United States. This announcement comes amid a growing demand for AI technologies.
US halts chip equipment shipments to Chinese firm Hua Hong
The United States has directed chip equipment companies to stop shipments to Hua Hong, China's second-largest chip manufacturer, amid rising trade tensions. This move reflects Washington's efforts to reduce reliance on Chinese technology.
Invest in Technology: Excel by Buying Chip Stocks
In a year marked by significant fluctuations in the technology market, a successful investment strategy has emerged: buying chip company stocks while selling software stocks. As we approach 2026, the gap between winning and losing companies continues to widen.
Samsung's Chip Production Declines Due to Major Labor Strike
Reports indicate that Samsung's chip production in South Korea has significantly decreased due to a strike involving over 40,000 workers at its factory in Pyeongtaek. The strike, which began last week, has led to a substantial drop in chip output.
Intel Expects Quarterly Revenue to Surpass Expectations Amid AI Demand
Intel has announced its revenue forecasts for the second quarter of the year, exceeding Wall Street expectations due to the rising demand for server chips. The company's shares rose by 12% following this announcement, reflecting investor confidence in its future.
Samsung plans major investment in chip packaging factory in Vietnam
Samsung Electronics, the South Korean tech giant, is set to invest significantly in a chip packaging factory in Vietnam. This move aims to enhance the company's production capabilities in the semiconductor sector, which is experiencing growing demand.
Broadcom Signs Long-Term Agreement to Develop AI Chips for Google
Broadcom has announced a long-term agreement with Google to develop and supply new generations of artificial intelligence chips until 2031. The company also signed an agreement with Anthropic to provide massive computing capacity based on Google processors.
Samsung Reports Record Profits Driven by AI Chip Demand
Samsung Electronics has announced its expectations for record operating profits in the first quarter of the year, driven by increasing demand for artificial intelligence infrastructure. Profits are projected to reach <strong>57.2 trillion won</strong>, representing an increase of more than eight times compared to the same period last year.
DeepMind Adopts Huawei Chips in New AI Model
Chinese AI company DeepMind has announced its full reliance on Huawei chips for its new AI model named V4, surpassing Nvidia's dominance in the market. This decision aligns with the Chinese government's efforts to localize chip production.
Chinese companies capture half of local chip market as Nvidia falters
Recent reports indicate that chip manufacturers in China have captured nearly half of the local market, as the influence of Nvidia, a former leader in the field, declines. This shift comes amid increasing competition and challenges faced by Nvidia.
Prepare Homemade Chips: Say Goodbye to Stores
Making chips at home is a delightful and healthy alternative to store-bought snacks. This article outlines simple steps for preparing delicious chips in your own kitchen.
Samsung Reports Record Profits Driven by Chip Price Surge
Samsung Electronics is poised to announce a significant increase in its operating profits for the first quarter of 2023, driven by rising chip prices fueled by the AI boom. The company expects profits to reach <strong>40.5 trillion won</strong> (approximately <strong>$26.9 billion</strong>), reflecting a <strong>50%</strong> increase in revenue compared to last year.
Chip manufacturers' stocks decline after Google's AI innovation
Major chip manufacturers like <strong>Samsung</strong> and <strong>SK Hynix</strong> saw their stocks drop by 6% and 5% respectively following <strong>Google</strong>'s announcement of a new AI technology that may reduce the demand for memory chips. Investors are concerned about the potential impact of this innovation on the memory chip market.
Arm announces production of its own chips to enhance AI
Arm, a leading chip design company, has announced the production of its own chips targeting the artificial intelligence market. This announcement comes amid a significant rise in demand for computing resources.