At an AI event in Washington on Wednesday, AMD CEO Lisa Su stated that chips produced at TSMC’s Arizona plant cost “more than 5% but less than 20%” more than those made in Taiwan, according to Bloomberg. She also noted that AMD expects to receive its first batch of chips from the Arizona facil...

Riding strong demand for 12-high HBM3E and broad NAND growth, SK hynix smashed records in Q2, announcing a stellar 22.23 trillion won ($16.15B) in sales and 9.21 trillion won ($6.7B) in operating profit—the best quarterly results ever, according to its press release and The Korea Times. The mem...

A report from The Economic Times, citing sources, indicates that Foxconn’s production of Apple AirPods at its Telangana facility in India has been disrupted due to China’s restrictions on rare earth metal exports. However, Foxconn maintains that production remains unaffected, according to the re...

According to ijiwei, Minjie Wang, Chief Applied Scientist at the AWS Shanghai AI Lab, stated that the AWS Shanghai AI Research Institute—also the last remaining overseas research lab of AWS—has officially been disbanded. An Amazon spokesperson confirmed the report to be accurate, according to I...

With Trump set to unveil his AI Action Plan Wednesday, a 20-page draft reveals a focus on three key areas and a strategy that’s “mostly carrots, not sticks,” Time Magazine reports. As Reuters indicates, Trump is focused on clearing hurdles to AI growth, sharply diverging from Biden’s caut...