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According to a report from Liberty Times, former Intel CEO Pat Gelsinger, who was announced as having “retired” from the company on December 2, 2024, revealed that he has become a seed investor in the UK-based AI chip startup Fractile.ai. I am thrilled to be a seed investor in @Fractile_ai, a...
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SK hynix announced today that it recorded best-ever yearly performance with 66.1930 trillion won in revenues, 23.5 trillion won in operating profit with an operating margin of 35%, and 19.8 trillion won in net profit with a net margin of 30%. SK hynix’s yearly revenues marked all-time high, exc...
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According to a report from TechNews, citing Financial Times, TikTok’s parent company ByteDance is making substantial investments in AI infrastructure, with plans to spend over USD 12 billion on AI chips by 2025. At the same time, ByteDance is under pressure from the U.S. government to sell its ...
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On January 13, the Biden administration issued new restrictions on the export of AI chips, aiming to block rivals like China from accessing advanced technology. Notably, India, a strategic partner of the U.S., is excluded from the list of 18 countries that are granted unrestricted access to advan...
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On January 16, TSMC held its earnings call, during which Chairman and CEO C.C. Wei provided insights into the continued growth in AI demand. As reported by TechNews, Wei underscored that AI demand is expected to remain strong through 2025, positioning it as a key revenue driver for TSMC in the ye...