Major global chip stocks rally on strong Micron forecast

Major global chip stocks rally on strong Micron forecast

Global chip makers are in focus amid a boom in artificial intelligence applications.  Sefa Ozel | E+ | Getty Images Global chip stocks rallied on Thursday after U.S. memory semiconductor maker Micron posted revenue guidance that topped expectations and boosted its share price. Micron forecast revenue for its quarter ending at the end of November … Read more

India wants to become a semiconductor powerhouse, but it can’t do it on its own

India wants to become a semiconductor powerhouse, but it can’t do it on its own

Workers assembles smartphones at Dixon Technologies factory in Uttar Pradesh, India, on Thursday, Jan. 28, 2021.  Bloomberg | Bloomberg | Getty Images India has big ambitions to become a semiconductor powerhouse as the world’s fifth-largest economy pushes for self-reliance in manufacturing. Indian Prime Minister Narendra Modi has set numerous goals to propel the country’s semiconductor … Read more

Surging AI demand could cause the world’s next chip shortage: Report

Surging AI demand could cause the world’s next chip shortage: Report

Georgijevic | E+ | Getty Images A surge in demand for artificial intelligence-focused semiconductors and AI-enabled smartphones and laptops could lead to the next global chip shortage, according to a report released Wednesday by consultancy Bain & Company. The last major semiconductor shortage happened during the Covid-19 pandemic amid supply chain disruption and a rise … Read more

Elon Musk hopes supercomputers will boost Tesla and xAI

Elon Musk hopes supercomputers will boost Tesla and xAI

Elon Musk is on a mission to build new supercomputers. As the CEO of Tesla and his new artificial intelligence startup xAI, the tech titan has big plans for how artificial intelligence can help to supercharge his businesses. In January, he wrote on X that Tesla should be viewed as an AI/robotics company rather than … Read more

China looks for domestic Nvidia rival — but that’s proving challenging

China looks for domestic Nvidia rival — but that’s proving challenging

The flags of China and the USA are being displayed on a smartphone, with an NVIDIA chip visible in the background.  Raa | Nurphoto | Getty Images Chinese companies are ramping up efforts to produce a viable alternative to Nvidia’s chips that power artificial intelligence as Beijing continues its efforts to wean itself off American … Read more

Chinese companies aiming to compete with Nvidia on AI chips

Chinese companies aiming to compete with Nvidia on AI chips

Illustration of the China and U.S. flag on a central processing unit. Blackdovfx | Istock | Getty Images U.S. sanctions over the years on China’s semiconductor industry has forced Beijing to ramp up efforts to boost its domestic chip sector. The boom of artificial intelligence and foundational models has only spurred on China’s goal of … Read more

OpenAI, Anthropic and Google leaders meet with White House to talk AI

OpenAI, Anthropic and Google leaders meet with White House to talk AI

OpenAI CEO Sam Altman during a fireside chat organized by Softbank Ventures Asia in Seoul, South Korea, on Friday, June 9, 2023. SeongJoon Cho | Bloomberg | Getty Images Leaders at OpenAI, Anthropic, Microsoft, Google and several American power and utility companies met Thursday at the White House to discuss the future of artificial intelligence … Read more

Netherlands expands export curbs on advanced chip tools

Netherlands expands export curbs on advanced chip tools

An icon of ASML is displayed on a smartphone, with an ASML chip visible in the background. Nurphoto | Nurphoto | Getty Images The Dutch government on Friday announced it is expanding export restrictions on advanced semiconductor manufacturing equipment, bringing more of ASML‘s machines under curbs. More types of chipmaking tools are now subject to … Read more

Qualcomm launches latest AI PC chip in challenge to Intel and AMD

Qualcomm launches latest AI PC chip in challenge to Intel and AMD

A view of the logo of Qualcomm at the Mobile World Congress 2024. Ramon Costa | SOPA Images | Lightrocket | Getty Images Qualcomm launched a new PC processor on Wednesday as it looks to capitalize on electronics makers’ desire to put artificial intelligence on their devices. The move ramps up Qualcomm’s efforts to challenge … Read more

Nvidia (NVDA) shares fall after earnings beat estimates

Nvidia (NVDA) shares fall after earnings beat estimates

NVIDIA’s founder and CEO Jensen Huang delivers a keynote address on the latest innovations in AI, during a developers conference at the SAP Center in San Jose, California, on March 18, 2024.  Josh Edelson | AFP | Getty Images Nvidia shares fell 4.63% in U.S. premarket trade on Thursday, as the company’s fiscal second-quarter gross … Read more