AI Chip Stocks Slide as SK Hynix ADR Struggles After Listing
Artificial-intelligence chip stocks fell across the board this week, with Nvidia Corp., Broadcom Inc. and Advanced Micro Devices Inc. leading the declines, according to Yahoo Finance data. The selloff was…
Apple Shifts Mac Chip Road Map Toward AI-First Design
Apple Inc. is reworking its Mac chip strategy around artificial intelligence, moving the next generation of its M-series processors from general-purpose computing toward designs built for AI workloads, according to…
Apple-OpenAI Trade-Secrets Fight Spills Into a Musk-Altman Feud
The legal fight between Apple Inc. and OpenAI took a personal turn this week, as Elon Musk and Sam Altman traded insults on X in a public feud that began…
Intel to Add 5 Billion Euros at Irish Plant in AI Push
Intel Corp. said it will invest 5 billion euros, about $5.7 billion, to expand its plant in Ireland, adding advanced-process capacity aimed squarely at the artificial-intelligence chip market. The announcement,…
Apple Adds $650 Billion in Market Value as Investors Seek Shelter
The money moving out of artificial-intelligence stocks is landing in an unlikely place: Apple Inc. The iPhone maker has added roughly $650 billion in market value in recent months, according…
TSMC Posts Record Quarter as AI Demand Outruns Packaging Supply
Taiwan Semiconductor Manufacturing Co. reported record revenue for the June quarter, the latest signal that demand for artificial-intelligence chips shows no sign of cooling. June sales jumped 68 percent from…
Gas-Turbine Prices Triple as AI Data Centers Strain the Grid
A few weeks ago, Microsoft Corp. ordered seven large gas turbines from GE Vernova to power data centers in Texas. Each unit carries a price tag above $250 million, and…
Anthropic Extends Fable 5 Access as OpenAI Rivals Close In
Anthropic said Monday it is extending access to Claude Fable 5, its flagship model, across all paid subscription tiers through July 19, a week past the July 12 cutoff it…
SambaNova Raises $1 Billion at $11 Billion Valuation to Scale AI Inference Chips
SambaNova Systems, the AI chip startup that bet early on an alternative to NVIDIA’s architecture, has raised $1 billion in a funding round that values the company at $11 billion,…
U.S. Opens Wider Access to Advanced NVIDIA Chips for the UAE
The United Arab Emirates is getting broader access to NVIDIA’s most advanced AI chips under a change in U.S. export policy, a shift that could reshape the Gulf state’s position…
