Ant Group is ramping up its semiconductor strategy, completing three major rounds of investment in the past week that span critical areas of the chip industry. The fintech giant has taken stakes in ReRAM memory developer Innostar Semi, AI edge chipmaker YeZhiXin Technology, and expanded its holdings...

According to STAR Market Daily, citing Times of India and Telarati, Tesla previously disclosed it was internally evaluating the AI5 chips, and Elon Musk has now said the effort has achieved promising results. As the report notes, Musk wrote on X that he had just completed a strong design review w...

While Broadcom reported better-than-expected fiscal third-quarter earnings and offered strong guidance for the current quarter fueled by soaring ASIC demand amid the AI wave, the U.S. chip giant has thrilled the market by revealing it secured $10 billion in orders for custom AI chips from a new clie...

Despite geopolitical headwinds, NVIDIA’s H20 AI chip remains in strong demand among Chinese cloud giants. According to Reuters, Alibaba, ByteDance, and other major tech firms are still actively seeking to secure the chip, even as Beijing pressures them to scale back such purchases. Notably, Reu...

According to The Information, citing sources, Google has recently approached smaller cloud providers that primarily lease NVIDIA chips, urging them to also host its AI processors in their data centers. As the report notes, the goal may be to encourage adoption of Google’s TPUs, which might place G...