Nvidia CEO Jensen Huang called Marvell Technology the next trillion-dollar company at Computex on June 2. Marvell shares jumped about 33% in …
chip
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Smart Contracts
Microsoft Reveals ‘1,000x More Reliable’ Quantum Chip as Bitcoin Threat Draws Nearer
by shayaanby shayaanIn short Microsoft said the new Majorana 2 quantum chip is a thousand times more reliable than the previous generation and could …
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Finance
Blackstone and Apollo line up $36 billion chip debt deal for Anthropic
by shayaanby shayaanAnthropic is set to tap a $36 billion private credit deal led by Blackstone and Apollo to finance Google AI chips backed …
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Finance
Intel soars on Apple chip deal, lifting S&P 500 and NASDAQ to record highs
by shayaanby shayaanIntel just had the kind of day most companies dream about. Shares of the chipmaker surged between 10% and 19% on May …
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In brief Apple and Intel reached a preliminary chip manufacturing agreement after more than a year of negotiations, per The Wall Street …
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Scams
OpenAI Is Building Its Own Smartphone Chip With Qualcomm and MediaTek: Report
by shayaanby shayaanIn brief Analyst Ming-Chi Kuo reports OpenAI is co-developing a smartphone chip with Qualcomm and MediaTek, with Luxshare as exclusive manufacturing partner …
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Adoption
Google looks to scale AI chip ecosystem with Marvell as Nvidia competition heats up
by shayaanby shayaanAlphabet Inc.’s Google is reportedly in talks with Marvell Technology to develop two new chips designed to improve how artificial intelligence models …
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Taiwan Semiconductor Manufacturing Company reported strong first-quarter earnings on Thursday, as steady demand for artificial intelligence chips pushed both revenue and profit …
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Regulation
Super Micro co-founder arrested over alleged $2.5B AI chip smuggling scheme
by shayaanby shayaanUS authorities say the co-founder of Super Micro Computer, Inc. has been charged and arrested over an alleged multi-billion dollar scheme to …
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In brief AWS plans to deploy about 1 million Nvidia GPUs through 2027. The buildout spans compute, networking, and systems for running …