AI Chips
14 stories related to this topic, newest first.
cnbc.comCerebras Systems Closes First Day of Nasdaq Trading With $95 Billion Market Value
Cerebras Systems ended its first day of trading on Wall Street with a market capitalization just below $100 billion after a blockbuster IPO. The AI chipmaker's shares popped 68 percent in its Nasdaq debut before trading lower on Friday. Co-founders Andrew Feldman and Sean Lie bec…
CnbcTrump Meets Xi in Beijing Accompanied by Nvidia, Tesla and Apple CEOs as US Approves Nvidia H200 Chip Sales to China
President Donald Trump traveled with Nvidia CEO Jensen Huang, Tesla CEO Elon Musk, Apple CEO Tim Cook and other executives on a 20-hour flight from Alaska to China. Chinese President Xi Jinping told the delegation that China would open up to U.S. businesses. The trip comes amid a…
Substrate placeholder — needs reviewSamsung Electronics Reports Record Q1 Profit on AI Chip Demand
Jun Young-hyun, who heads the semiconductor division, warned executives against complacency during a management briefing, calling the current chip upcycle the last golden opportunity to restore competitiveness. The world's largest memory chipmaker posted a net profit of 47.22 tri…
shortoftheweek.comMontage Surpasses CATL in Hong Kong-to-Mainland Share Price Premium
Montage has overtaken CATL as the most expensive dual-listed stock in Hong Kong relative to its mainland shares. Surging demand for AI chips propelled the shift. Both companies maintain dual listings in Hong Kong and mainland China.
SpaceX and Tesla Plan $55 Billion Semiconductor Plant in Grimes County, Texas
SpaceX filed plans to build a multi-phase semiconductor plant called Terafab in Grimes County, Texas, with an initial $55 billion investment that could reach $119 billion. Tesla and SpaceX will jointly operate the facility, which targets AI chips for Tesla robotaxis and Optimus r…
Nvidia's Market Share in China Falls to Zero Amid U.S. Export Restrictions
Nvidia CEO Jensen Huang stated that the company's market share in China has dropped to zero due to ongoing U.S. export restrictions. The company reported $19.67 billion in revenue from China for fiscal year 2026 but anticipates none in the first quarter of fiscal 2027. President…
SemaforNvidia Servers in China Reach Nearly $1 Million Amid US Chip Export Restrictions
Prices for some Nvidia servers in China have doubled to nearly $1 million due to a crackdown on chip smuggling that has dried up black market supplies. This surge reflects soaring demand for top semiconductors like the B300 amid U.S. restrictions on shipments. Chinese tech firms…
ibtimes.co.ukTesla Advances Project Terafab with Intel's 14A Process for AI Chips
Tesla is developing its own AI chips through Project Terafab, utilizing Intel's 14A manufacturing process. This move aims to reduce dependency on external suppliers for silicon used in self-driving technology and data centers. The initiative was reported based on information from…
Substrate placeholder — needs reviewSK Hynix Reports Record Q1 Profit Amid Surging AI Chip Demand
SK Hynix announced record first-quarter revenue and profit, driven by rising memory prices and strong demand for AI-related chips. The company highlighted capacity constraints and plans for future HBM advancements. Competitors like Samsung Electronics also saw share gains amid th…
Substrate placeholder — needs reviewGoogle Cloud Announces Eighth-Generation TPUs Split into Training and Inference Chips
Google Cloud unveiled its latest tensor processing units, divided into models for AI training and inference, with significant performance gains. The company also committed to offering Nvidia's Vera Rubin chip later in 2026 and is collaborating on networking technology. TechCrunch…
techjuice.pkGoogle Cloud Launches Eighth-Generation TPUs Split into Training and Inference Chips
Google Cloud announced its eighth generation of tensor processing units, divided into TPU 8t for model training and TPU 8i for inference. The new chips offer significant performance improvements, including up to 3x faster training and 80% better performance per dollar. The compan…
investopedia.comTesla Reports Strong Q1 2026 Earnings as Google Unveils New AI Chips
Tesla beat expectations on Q1 2026 revenue, earnings, and subscriptions, driving a 5% stock surge. Google introduced specialized chips for AI training and inference. Other developments include IBM and Kinder Morgan earnings, a fatal shooting at Mexico's Teotihuacán pyramids, and…
pandaily.comNvidia CEO Jensen Huang Discusses Selling AI Chips to China in Podcast Interview
Nvidia CEO Jensen Huang addressed concerns about selling AI chips to China during a podcast interview with Dwarkesh Patel. Huang argued that restricting sales would not halt China's AI development and could harm the U.S. tech ecosystem. He emphasized the importance of innovation…
Substrate placeholder — needs reviewU.S. Pre-Market Declines Led by Tech and Small Caps on April 20, 2026
U.S. stock futures fell in pre-market trading on April 20, 2026, with the Nasdaq and Russell 2000 showing notable declines. Marvell shares rose on reports of talks with Google for new AI chips, while other companies like NXST and ASTS saw significant drops amid merger rulings and…