AI Chip

Amazon.com Inc. (NASDAQ:AMZN) CEO Andy Jassy announced Tuesday that artificial intelligence will reduce the company’s corporate workforce due to efficiency gains, prompting immediate criticism from employees across internal communication channels. What Happened: Jassy told employees that AI...

The renewed US-China trade truce reached in London left critical military-use rare earth export restrictions unresolved, threatening comprehensive deal prospects as global supply chain disruptions continue. What Happened: Beijing has not committed to granting export clearance for specialized rare-...

Singapore authorities have initiated an investigation into potential fraudulent activities related to the shipment of Nvidia Corp. (NASDAQ:NVDA) chips. The chips, which are banned in China, were reportedly shipped to Malaysia via servers from Dell Technologies Inc. (NYSE:DELL)...

NVIDIA Corp (NASDAQ:NVDA) has grown to being among the largest companies in the world due to its AI chip dominance. One analyst sees the Santa Clara, California-based company’s lead expanding. The Nvidia Analyst: In a note published Thursday, Bank of America analyst Vivek Arya reiterated a...

AMD (NASDAQ:AMD) CEO Lisa Su emphasized the importance of diverse computing solutions in the face of competition with Nvidia (NASDAQ:NVDA) led by her cousin Jensen Huang. What Happened: Su stated on Wednesday that there is “no one size fits all in computing.” “There's no, you...

In a recent development, Nvidia Corp. (NASDAQ:NVDA) has begun supplying its advanced chips to Saudi Arabia, a move that has positively influenced market sentiment in the Middle East and Asia. What Happened: On Thursday, Brett McGonegal, chairman and CEO at Capital Link, discussed the impact of...

In a recent development, SoftBank Group Corp. (OTC:SFTBY) has hit a snag in its plans to produce an artificial intelligence (AI) chip that could rival Nvidia Corp. (NASDAQ:NVDA). The Japanese conglomerate’s negotiations with Intel Corp. (NASDAQ:INTC) have reportedly collapsed due to Intel...

Editor’s Note: The story has been updated to include a response from a Nvidia spokesperson Nvidia Corporation (NASDAQ:NVDA) has reportedly encountered delays in the production of its upcoming AI chips due to design issues. This setback is expected to impact major clients including ...

Editor’s note: The article has been updated with Nvidia’s response. Nvidia Corp. (NASDAQ:NVDA) is reportedly in the process of creating a new AI chip, designed to comply with U.S. export controls, specifically for the Chinese market. What Happened: According to anonymous sources, Jensen...

Intel Corp. (NASDAQ:INTC) saw a 2.34% rise in pre-market trading on Tuesday, after announcing its new Lunar Lake chips with advanced AI processors. What Happened: At the ongoing Computex technology trade show in Taiwan, Intel CEO Pat Gelsinger revealed the company’s updated AI strategy, which...

Advanced Micro Devices (NASDAQ:AMD) saw a 1.26% increase in pre-market trading on Monday after revealing its latest AI processors. What Happened: At the Computex technology trade show in Taipei, AMD CEO Lisa Su introduced the MI325X accelerator, which is expected to be available in the fourth...

For the first time, Nvidia Corporation (NASDAQ:NVDA) has named Huawei Technologies as a major rival in the artificial intelligence (AI) chip market. What Happened: Nvidia, in a filing with the Securities and Exchange Commission on Wednesday, recognized Huawei as a top competitor in various...

Sam Altman, the CEO of OpenAI, is reportedly in talks with global investors to secure funds for a network of semiconductor factories. Altman aims to address chip shortages for AI applications, planning a global network of fabs, Bloomberg reported, citing several people with knowledge of...

As we usher in a new era of technological innovation in 2024, Benzinga is at the forefront, hosting the much-anticipated virtual event, AI Revolution: 2024 Portfolio Building, on Thursday, January 11, at 11 AM EST. This event is a golden opportunity for investors to delve into how artificial...

On Tuesday, Intel Corporation (NASDAQ:INTC) announced its entry into the automotive semiconductor market with the launch of AI-equipped chips for cars. The move will see the tech giant competing with the likes of Qualcomm Inc (NASDAQ:QCOM) and Nvidia Corp (NASDAQ:NVDA). What Happened: Intel plans...