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...
Broadcom’s $42 Billion Financing Deal Deepens Anthropic AI Partnership
Anthropic’s IPO prospectus has revealed an unusually broad relationship with chipmaker Broadcom, spanning compute supply, equipment leasing and financing. Broadcom has agreed to lend Anthropic up to $42 billion to help finance its infrastructure...
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...
Nvidia Boosts Buyback Plan by $150 Billion, Setting Record
Nvidia has increased its share repurchase authorization by $150 billion, surpassing Apple’s $110 billion approval in 2024 and marking the largest-ever increase in a stock buyback programme. The additional authorization takes Nvidia’s remaining buyback...
Apple Extends Patent Licensing Agreement with Qualcomm
Qualcomm announced on Thursday that Apple has extended its patent-licensing agreement with the chip designer, even as the iPhone maker continues efforts to reduce its reliance on Qualcomm’s modem chips. The company did not...
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...
Kioxia Considers $10 Billion U.S. ADR Listing
Japanese chipmaker Kioxia Holdings is considering raising at least $10 billion through a listing of American depositary receipts (ADRs) in the United States, Bloomberg News reported on Monday, citing people familiar with the matter....
Nvidia Forecasts 70% Revenue Growth as AI Demand Surges
Nvidia forecast a 70% jump in revenue for its next fiscal year, significantly above Wall Street expectations of 44%, signaling that demand for AI computing remains exceptionally strong. Shares rose nearly 5% in extended...
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...
Samsung Eyes Over $72 Billion Shareholder Return Plan
Samsung Electronics is set to announce a new shareholder return programme worth more than 100 trillion won ($71.75 billion) later this month, according to South Korean media reports. The plan is expected to include...