Tag: AI chips

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Intel Upsizes Stock Offering to $20 Billion as Demand Locks Out a Third of Investors

Intel expanded its stock offering to $20 billion on strong demand, with a third of investors receiving no shares as it funds AI chip manufacturing.

SMIC Raises Chip Prices and Weighs Capacity Expansion on Surging AI Demand

SMIC is raising chip prices and considering new capacity as AI-related demand for mature-node chips surges beyond forecasts, lifting shares after strong Q2

Cerebras Stock Plunges as AI Chipmaker Swings to Quarterly Loss

Cerebras shares tumbled after the AI chipmaker swung to a quarterly loss, testing investor confidence in the sector despite continued revenue growth.

Cerebras Stock Falls 14% Despite Raised AI Chip Guidance and Revenue Beat

Cerebras Systems shares dropped about 14% after beating second-quarter revenue estimates and raising its full-year AI chip guidance.

TSMC Sales Surge 45% in July as AI Chip Demand Fuels Record Growth

TSMC posted a 45% surge in July revenue as demand for AI chips from customers like Nvidia and Google continues to drive record growth for the chipmaker.

AMD Shares Tumble Despite Earnings Beat as Investors Demand Bigger AI Payoff

AMD shares dropped about 8% in premarket trading despite beating expectations, as investors demanded bigger returns from its AI chip business.

AMD Acquires Chip Startup Taalas to Bolster AI Inference Ambitions

AMD has acquired Taalas, a startup that hardwires AI models into silicon, deepening its bet on the fast-growing AI inference market.

Broadcom Surges on AI Chip Momentum as Analysts Eye Long-Term Upside

Broadcom shares climb as AI semiconductor revenue grows at triple-digit rates, with analysts weighing long-term upside through 2028.

Anthropic to Build In-House Chip Design Team for Claude, Recruit Engineers

Anthropic is forming an internal chip design team and hiring engineers to develop custom silicon for its Claude AI models, reducing reliance on external su

SpaceX Endorsement Lifts Nvidia Shares as Musk Commits to Its AI Chips

Nvidia shares rose after Elon Musk said SpaceX will use only Nvidia chips to build its AI, offering a high-profile boost amid ongoing valuation debates.

AMD Targets Nvidia’s Data Center Dominance With Helios Rack-Scale System

AMD unveils Helios, a rack-scale system targeting Nvidia's data center dominance, even as its shares slide amid intense AI chip competition.

AMD Earnings Loom as Key Test for Chip Sector and Momentum Stocks Amid Price Divergence

AMD reports earnings Tuesday in a print seen as a bellwether for chips and momentum stocks, as investors weigh strong results against weak price action.

Samsung Second-Quarter Profit Surges as AI Chip Demand Offsets Mobile Weakness

Samsung Electronics reported a sharp jump in second-quarter operating profit as soaring AI memory chip demand offset weakness in its mobile business.

SK Hynix Record Profit Sparks Selloff as Short Sellers Target New U.S. Shares

SK Hynix shares fell despite record profit, triggering a semiconductor selloff across Nvidia, Micron and AMD as short sellers targeted its new U.S. shares.

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