Browsing: chip

Asian markets fall and Samsung shares tumble after its Chinese rival CXMT claims strong progress

Shares of Micron (MU) and SK Hynix (SKHY) are poised to open lower on Tuesday, extending a global sell-off in memory-chip stocks as South Korea’s benchmark KOSPI (^KS11I) tanked 6%.

Lisa Su, chief executive officer of AMD, is expected to visit Korea next month to meet with Korean semiconductor companies and government officials, industry sources said Wednesday.

Low-energy chip startup Efficient Computer Co. said today it has closed on a $97 million round of funding in the second major investment it has picked up this year.

Advanced Micro Devices (NASDAQ:AMD) and Intel (NASDAQ:INTC) have been multibagger investments over the past year, which isn’t surprising, given that both companies are seeing healthy growth in revenue and earnings driven by the fast-growing demand for their chips in artificial intelligence (AI) data centers.

On September 24, ChinaVenture learned that Shanghai Langxi Technology Co., Ltd. (hereinafter referred to as “Langxi Technology”) has completed a nearly 200 million yuan Pre-A+ round of financing, with participation from GL Ventures, Zhiwei Capital, SenseTime Guoxiang Capital, Jiayi Venture Capital, Feitu Venture Capital and Zhongqi Capital, and old shareholder Oriental Fortune Capital continued to…

New managed-cloud service lets smaller design teams tap TSMC’s advanced nodes without building their own secure infrastructure.

Add preferred source As South Korean policy funds including the National Growth Fund pour massive capital into domestic AI startups, driving up unlisted valuations, private limited partners (LPs) are beginning to refuse fund commitments amid concerns over an AI valuation bubble. Rebellions has been valued at approximately 3.4 trillion won (approximately $2.5 billion) and FuriosaAI…

China’s Alibaba unveiled new artificial intelligence chip technologies and plans for more powerful models on Tuesday, including what it said was China’s most powerful AI chip, days ahead of a meeting between Chinese and U.S. leaders at which competition to lead on AI technology is expected to be a major theme

Nvidia CEO Jensen Huang forecasted doubling chip sales next year, but the company’s CFO frames this as the supply-unconstrained scenario, signaling that supply chain capacity, not demand, is the real constraint. Nvidia and Palantir launched a collaboration to apply AI to Nvidia’s own supply chain operations to identify bottlenecks and allocate materials more effectively.