Alphabet Builds $548 Million Stake in Qualcomm, Boosting Chipmaker’s AI Ambitions
Alphabet has acquired a stake worth nearly $548 million in longtime technology partner Qualcomm during the third quarter, strengthening the chipmaker’s efforts to expand its presence in the data centre and artificial intelligence markets....
Alphabet’s AI Chip Business Boosts Growth but Pressures Cash Flow
Alphabet is generating billions of dollars from sales of its in-house artificial intelligence (AI) chips, known as tensor processing units (TPUs), which were initially developed for internal use. However, meeting surging demand requires substantial...
SK Hynix Profit Surges Sevenfold, Announces $75 Billion Shareholder Return
South Korean chipmaker SK Hynix announced plans to return approximately $75 billion to shareholders this year after reporting a more than sevenfold increase in quarterly operating profit, driven by surging demand for artificial intelligence...
Tenstorrent Raises $1.5 Billion, Valuation Surges to $6.2 Billion
AI chip startup Tenstorrent has raised $1.5 billion in a late-stage funding round, valuing the company at $6.2 billion post-money. Announced on Monday, the funding more than doubles its valuation from December 2024, when...
TSMC Posts Record Profit but Warns of Economic Uncertainty in 2027
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, reported a record quarterly net profit of T$763.1 billion ($23.59 billion) for the July–September quarter, marking a 69% increase year-on-year. Driven by robust demand...
GlobalFoundries Signs $2 Billion TSMC AI Chip Deal
GlobalFoundries said on Thursday it has reached a $2 billion, five-year agreement to manufacture silicon interposers for TSMC at its facility in Malta, New York. Silicon interposers are critical components used in advanced AI...
Volantis Raises $88 Million to Tackle AI Chip Memory Bottlenecks
San Francisco-based semiconductor startup Volantis has raised $88 million in venture capital to develop technology aimed at addressing a major bottleneck in AI chips — the speed at which computing components can communicate with...
Synopsys, AWS Sign Multi-Year Chip Design Licensing Deal Worth Over $1 Billion
Synopsys and Amazon Web Services (AWS) on Wednesday announced a multi-year agreement worth more than $1 billion under which AWS will license chip design intellectual property from Synopsys. The deal expands Synopsys’ growing business...
Delos Data Raises $100 Million to Accelerate AI Data Center Networking
Delos Data, a startup founded by former Intel Corp veterans, has raised $100 million to develop chips and software designed to move data faster within increasingly complex artificial intelligence data centers. The company aims...
Samsung Sets Record Shareholder Returns
Samsung Electronics expects its shareholder returns this year to reach as much as 110 trillion won ($79.54 billion), including 30 trillion won in cash dividends in the third quarter. The payout would be more...