Despite recently raising its Q4 FY25 guidance on the back of strong DRAM prices, Micron has reportedly begun layoffs in its China operations as of August 11, according to Chinese media outlets ijiwei and EETimes China. While the full extent of the layoffs is still unclear, the reports suggest the...

As tech giants ramp up AI investments, U.S. memory firm Micron has been among one of the major beneficiaries. The company has raised its Q4 Fiscal 2025 revenue forecast to $11.2 billion, up from $10.7 billion, according to Reuters. In addition to the robust demand for HBM, Micron attributed the r...

According to Reuters, the Trump administration has asked NVIDIA and AMD to give the U.S. government 15% of revenue from AI chip sales in China, after approving exports of NVIDIA’s H20 and AMD’s MI308. Notably, in addition to the H20, Trump said Jensen Huang has a reduced version of NVIDIA’s Bl...

After calling Intel CEO Lip-Bu Tan “highly conflicted” and demanding his immediate resignation last week over alleged ties to Chinese firms, U.S. President Donald Trump now says Tan—along with his cabinet members—will present new proposals to him next week, according to Reuters. Trump, wh...

Recently, it’s reported that Tesla CEO Elon Musk has halted the Dojo supercomputer project. Industry observers believe this may signal Tesla's abandonment of its plan to develop custom chips for autonomous driving, indicating a future shift towards greater reliance on external partners, like NVIDI...