Nvidia has partnered with six major asset management firms to establish a $500 billion financing package aimed at funding AI infrastructure projects, with CEO Jensen Huang positioning the company's chips as an investable asset class.
A Seoul High Court upheld an 18-month prison sentence for a former SK Hynix employee who leaked trade secrets related to CMOS image sensor technology to a Chinese company in 2022. The ruling came in an appeal case involving violations of South Korea's Act on Prevention of Divulgence and Protection of Industrial Technology.
SoftBank Group reported an 18% drop in fiscal first quarter profit as higher costs offset investment gains, though the company received a significant boost from Intel's tripled share price during the quarter. The results highlight mixed performance in the technology investor's AI-focused portfolio.
SoftBank Group reported an 18% drop in fiscal first quarter profit as higher costs offset investment gains, though the company received a significant boost from Intel's tripled share price during the quarter. The results highlight mixed performance in the technology investor's AI-focused portfolio.
Taiwanese authorities conducted raids at 64 locations and questioned 114 people in a probe targeting 17 Chinese-funded companies suspected of illegally poaching chip and high-tech workers. The investigation, spanning six jurisdictions over three weeks, reflects Taiwan's concerns about protecting its critical technology sector.
Advanced Micro Devices reported second-quarter revenue of $11.54 billion, up 50% year-over-year and beating Wall Street estimates, with data center sales more than doubling. Despite projecting Q3 revenue of $13 billion above analyst expectations, the stock declined in extended trading as the strong results failed to exceed sky-high investor expectations.
Surging demand for AI infrastructure is causing a severe shortage of memory chips and passive components, dubbed 'RAMaggedon,' with Samsung predicting supply constraints through 2028. The crunch is raising prices for laptops, smartphones, and potentially automobiles, while delaying product launches like Apple's MacBook Air M5.
Xsight, a nine-year-old Israeli startup developing server networking and storage chips that connect GPUs, has secured $300 million in funding amid growing demand for data center infrastructure supporting AI workloads.
