Alibaba’s net profit fell 75% in the June quarter, to $1.54bn. The cause was not a weak business. It was the bill for building one. Capital spending reached $9.98bn in three months, up 75% on the same quarter last year, according to the results announc…
Synopsys has published silicon results for what it calls the first 3D PCIe 6.0 test chip, a 5nm PHY built into a face-to-face stacked package.
SMIC posted its first $3 billion quarter earlier this month, with revenue up 36.1% year on year, net profit nearly tripling to $479.2 million.
Fractile, a British startup building chips for artificial intelligence, is in advanced talks to raise money at a valuation more than six times what it fetched three months ago, Bloomberg reported. The jump follows a deal to supply chips to Anthropic. T…
Samsung has raised prices for some of its advanced contract chipmaking by as much as 15 percent for new orders, according to a Reuters report. Two people familiar with the matter said the increases follow a surge in demand for AI chips. That demand is …
Marvell Technology has agreed to give Google the right to buy up to $12.2 billion of its shares. In return, Google will buy its custom chips. The chipmaker set out the deal in a regulatory filing on Wednesday. Its stock jumped as much as 14 percent on …
A chip startup that promises to cut the power AI uses has raised $110mn and crossed a $1bn valuation. Velaura AI, based in Santa Clara, announced the Series A round on Tuesday. The company said in a statement that it builds ultra-low-power silicon and …
Japanese chemical maker Ajinomoto has reportedly told customers in mainland China that it will cut the supply of ABF.
Michael Martina reported the draft for Reuters on 14 August, citing a US official and an internal document. The letter goes to the 35 signatories of an American “AI Opportunity Statement” from June. Its message is that countries must choose. The wordin…
The commerce secretary made the comments to The Wall Street Journal on 14 August, in a piece by Rolfe Winkler, Raffaele Huang and Amrith Ramkumar. “The Trump administration is not in favor of that,” Lutnick said. There have to be “other solutions to th…