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Nvidia Now Worth More Than Amazon, Amid AI Chip Demand

Nvidia now worth more than the e-commerce and cloud giant Amazon, thanks to ongoing industry demand for AI chips

10 months ago

ARM Shares Nearly Double Amid AI Surge

Shares in ARM Holdings have exploded over the past week, after an optimist forecast almost doubled its share price

10 months ago

OpenAI’s Sam Altman Seeks Trillions To Overhaul Chip Industry – Report

Sam Altman reportedly seeking between $5 and $7 trillion to overhaul semiconductor industry to remove AI chip limitations

10 months ago

Nvidia Business Unit To Develop Bespoke Chips – Report

Nvidia reportedly building a new business unit that will design bespoke chips, utilising advanced AI processors

11 months ago

US To Invest $5 Billion In Semiconductor Research

White House confirms $5 billion from US Chips and Science Act will be used for semiconductor research and development

11 months ago

UK Government To Fund Two Semiconductor Research Hubs

Government to fund semiconductor research hubs in Bristol and Southampton, to help bring new chip tech to market

11 months ago

TSMC To Build Second Factory In Japan

World’s largest chipmaker TSMC confirms it will build second fab in Japan, with backing from Sony and Toyota

11 months ago

Huawei ‘Faces Production Bottleneck’ Amidst AI, 5G Chip Success

Huawei prioritising production of AI chips as it sees twin success of 5G smartphones and Nvidia alternatives, in spite of…

11 months ago

Apple Lowers iPhone Forecast, As Tim Cook Touts ‘AI Announcement’

Modest increase in first quarter profit and revenues, as Apple lowers iPhone shipment forecast, amid China sales decline

11 months ago

Alphabet’s Ad Revenue Miss Punished By Investors

Another tech industry bellweather, Alphabet, delivers strong Q4 and FY23 financials, yet investors not happy at ad revenue miss

11 months ago

Microsoft Profit Rises 33 Percent Thanks To AI, Cloud

Strong AI adoption and cloud helps Microsoft deliver another strong quarterly performance, amid $3 trillion valuation

11 months ago

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11 months ago

Apple Warns UK Against Instituting ‘Secret Veto’ On Security Tech

Amendments to Investigatory Powers Act amount to 'secret veto' enabling UK government to block new security features worldwide, Apple argues

11 months ago

TSMC Further Delays $40 Billion Arizona Chip Fab

Chip manufacturing giant TSMC confirms arrival of second factory in Arizona will be delayed, amid US incentive review

11 months ago

Google Settles AI Chip Patent Lawsuit With Singular

Settlement agreement reached in patent infringement lawsuit over Google's AI chips that had sought billions of dollars

11 months ago

Netflix Subscribers Surge Amid Password Crackdown

Saturated streaming market? Netflix pleases investors by recording notable rise in paid subscribers, on top of strong Q4 financials

11 months ago

OpenAI’s Altman Seeks Billions For AI Chip Manufacturing Venture

OpenAI chief executive Sam Altman reportedly in talks with investors in Middle East as he seeks billions to build network…

11 months ago

Google To Invest $1 Billion To Build UK Data Centre

New data centre for Alphabet's Google to be constructed in Hertfordshire to meet demand for AI and cloud services

11 months ago

Google CEO Warns Staff To Expect More Job Cuts – Report

Internal memo from CEO Sundar Pichai warns Google staff to brace for more job cuts, as the firm has to…

11 months ago

Consumer Tech in Business

As CES concludes, what technologies will have a business application this year? Will enterprises embrace these devices to drive efficiency,…

11 months ago

Google Axes Hundreds Of Staff In Ad Sales Team

More job loss misery at Google, after it confirmed hundreds of job losses in ad sales team, after 1,000 layoffs…

11 months ago

Apple Supplier Goertek To Set Up Vietnam Unit

Key Apple supplier Goertek to set up subsidiary in Vietnam as cutting-edge tech manufacturers diversify outside of China

11 months ago

US Export Controls Fuel Revenue Surge For Chip-Tool Maker Naura

Chinese chip manufacturing equipment maker Naura Technology sees spike in share price after reporting 50 percent revenue rise for 2023

11 months ago

US House ‘Asks Intel, Nvidia, Micron CEOs’ To Testify On China

US House of Representatives China committee asks chief executives of Intel, Nvidia, Micron to testify as international tensions mount

11 months ago

Chinese Groups ‘Buying Nvidia AI Chips’ In Spite Of Restrictions

Chinese military and research organisations continue to buy small batches of high-end Nvidia AI chips in spite of restrictions, report…

11 months ago

Tesla To Halt Production At Berlin Plant Amidst Red Sea Disruption

Tesla to pause production at Berlin plant for two weeks due to parts delays amidst attacks on ships in Red…

11 months ago

Al Gore Steps Down From Apple Board, Due To Age

Former Vice President of the United States, Al Gore, steps down from Apple board, because he is now 75 years…

12 months ago

Amazon Cuts Staff In Audible, Prime Video and MGM Studio Divisions

Bad week this week for staff at Amazon divisions, with job losses at Twitch, Prime Video, MGM Studies, and Audible…

12 months ago