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2025-06-20

[News] China’s GPU Unicorn Moore Threads Reportedly Completes IPO Guidance, Edging Closer to Market Debut

Hailed as a homegrown alternative to NVIDIA, China’s Moore Threads has completed its IPO guidance, marking a key step toward a public listing, according to Chinese media outlets MyDrivers and IT Home. As per IT Home, the Beijing-based GPU maker filed for a domestic IPO in November 2024. It is w...

2025-06-19

[News] Tesla Reportedly Taps TSMC’s 3nm for HW5 Chip; Mass Production Set for 2026

According to Mydrivers, citing Not a Tesla App, Tesla is reportedly preparing to produce its next-generation FSD (Full-Self Driving) chip—internally referred to as AI5 or HW5—with TSMC as its foundry partner. Rumor has it that Tesla is planning to use TSMC's 3nm (N3P) process, as Notebookchec...

2025-06-19

[News] Top Chinese Bitcoin Mining Rig Makers Reportedly Move Production to U.S. Amid Tariff Pressures

Tariff threats are back—and in a twist, the world’s top three bitcoin mining rig makers—all Chinese—are now heading stateside. According to Reuters, Bitmain, Canaan and MicroBT are setting up manufacturing bases in the U.S. as Trump's tariff war redraws the global crypto supply chain. The...

2025-06-19

[News] Intel Names New Leaders from Cadence, Apple, and Google to Take on NVIDIA

Intel announces a series of leadership appointments on June 18, tapping industry veterans who previously held roles at Cadence, Apple, and Google, according to Bloomberg. Srinivasan Iyengar, Jean-Didier Allegrucci, and Shailendra Desai are joining the company in key engineering leadership positions...

2025-06-19

[News] Wolfspeed Reportedly to Be Taken Over by Apollo-Led Creditors Amid Bankruptcy, with Rivals Set to Gain

Nearly a month after rumors surfaced about an imminent bankruptcy, a clearer picture has emerged: Wolfspeed is now on the verge of a major shake-up. Creditors led by Apollo Global Management are preparing to take control under a bankruptcy plan, according to Reuters, citing Bloomberg. The reports...

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