Tag: Chips

South Korea’s SK Hynix to invest $75 billion by 2028 in AI, chips

SEOUL (Reuters) – South Korea’s SK Hynix, the world no.2 memory chip maker, will invest 103 trillion won ($74.6 billion) through 2028 to strengthen its chips business, focusing on AI, its parent SK Group said on Sunday. SK Group also said it plans to secure 80 trillion won by 2026 to invest in artificial intelligence […]

Chinese chipmaker samples 128 core server CPU with chiplets — Infinity Fabric-like interconnect in Loongson’s 3E6000 combines four chips into one

China’s domestic chip production is managing impressive feats regardless of U.S. restrictions. CPU developer Loongson announced to shareholders that its upcoming 3C6000/3D6000/3E6000 series of server-grade processors had been successfully sampled and returned and that these first chips are now being tested. Loongson plans to release the 3C6000 line in Q4 2024, exactly matching its roadmap. […]

Intel fires back at AMD’s AI benchmarks, shares results claiming current-gen Xeon chips are faster at AI than AMD’s next-gen 128-core EPYC Turin

Intel is firing back at AMD’s recent AI benchmarks that it shared during its Computex keynote that claimed AMD’s Zen 5-based EPYC Turin is 5.4 times faster than Intel’s Xeon chips in AI workloads. Intel penned a blog today highlighting the performance of its current-gen Xeon processors in its own benchmarks, claiming that its fifth-gen […]

Broadcom soars as demand for AI chips powers forecast raise

By Arsheeya Bajwa (Reuters) – Broadcom surged about 15% on Thursday as its upbeat annual forecast highlighted insatiable demand for chips used in powering AI-focused technology, while its announcement of a stock split added to the euphoria. The rising adoption of generative AI has been driving demand for companies such as Broadcom that provide chips […]

Apple, Nvidia Secure Future with Taiwan Semi’s Advanced Chips as AI Demand Soars

Apple, Nvidia Secure Future with Taiwan Semi’s Advanced Chips as AI Demand Soars Apple Inc (NASDAQ:AAPL), Qualcomm Inc (NASDAQ:QCOM), Nvidia Corp (NASDAQ:NVDA), and Advanced Micro Devices, Inc (NASDAQ:AMD) have almost fully booked Taiwan Semiconductor Manufacturing Company Ltd’s (NYSE:TSM) 3nm chip production process until 2026, reflecting the artificial intelligence frenzy. This demand spike reflects the rapid […]

Broadcom soars as demand for AI chips power forecast raise

By Arsheeya Bajwa (Reuters) – Broadcom surged more than 13% on Thursday as its upbeat annual forecast highlighted an insatiable demand for chips used in powering AI-focused technology, while its announcement of a stock split added to the euphoria. The rising adoption of generative AI has been driving demand for companies such as Broadcom that […]

Broadcom boosts revenue forecast from AI chips, unveils stock split

By Arsheeya Bajwa (Reuters) -Broadcom raised its annual forecast for revenue from chips that help in artificial intelligence work by 10% on Wednesday, and announced a stock split to take advantage of a rally in its shares this year. Shares of the Palo Alto, California-based chipmaker surged 12% in extended trading. The company expects $11 […]