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Intel set to lay off employees as it cuts billions of dollars in spending
Chip-maker Intel will begin to lay off workers soon as the company plans to drive nearly $3 billion…
Sam Altman wants Washington's backing for his $7 trillion AI chip venture
Sam Altman is trying to get US backing for his trillion-dollar AI chip venture to avoid national se…
Beatrice Nolan
Apple has lost its crown as China's best-selling smartphone maker: report
The US tech giant has lost its top spot as China's bestselling smartphone to Vivo, a Chinese tech m…
Shubhangi Goel
Marvell follows Nvidia's rally, surging 29% after chip maker cites AI as 'key growth driver'
Nvidia stock skyrocketed this week, driving a fresh AI frenzy after reporting stellar earnings and …
Morgan Chittum
M&M share at all time high above ₹1,000 on improving performance, demand and cheap stock valuation
M&M share at all time high above ₹1,000 on improving performance, demand and cheap stock valuation
Bhakti Makwana
Nvidia may leapfrog Apple in value if the iPhone maker doesn't wow investors with AI soon, analyst says
A lot is riding on Apple's push towards AI — including the iPhone maker's current market cap domina…
Aaron Mok
Short sellers who bet against Nvidia lost $2.2 billion in a single day amid the chip maker's stellar rally
Short sellers who bet against Nvidia lost billions of dollars in a single day as the chipmaker's st…
Zinya Salfiti
Intel suspends operations in Russia, will continue to support Russian employees
Intel has today announced that it is joining other tech giants and suspending operations in Russia …
Nvidia is the top AI pick and the stock could jump 15% as demand has picked up since the chip maker's blockbuster earnings report, Morgan Stanley says
"While we have been positive since upgrading the stock earlier in the year, we were nowhere near as…
Jason Ma
Intel and other chip companies are hiring students who are still in college to plug a labor shortage, a report says
Oregon chip makers are hiring huge numbers of people, including students, to meet demand during a g…
Grace Dean
Short-seller Jim Chanos warns Nvidia's epic growth is cannibalizing Big Tech — as the chip titan's value surges by $1 trillion in 4 months
Nvidia is raking in massive profits while its Big Tech customers rack up huge bills buying its chip…
Theron Mohamed
OpenAI boss Sam Altman predicts 'brutal' shortage of AI chips will ease next year
The OpenAI boss told the FT that many companies would like to be Nvidia, referring to the rivals th…
Hasan Chowdhury
Nvidia sinks as chip maker's warning on revenue and gaming weakness drags tech shares
Slower sales of gaming products prompted Nvidia to cut its second-quarter revenue outlook to $6.7 b…
Carla Mozée
OpenAI is paying out $51 million to a chip startup that Sam Altman personally invested in, report says
OpenAI CEO Sam Altman reportedly invested $1 million of his own money into the chip startup Rain AI.
Jyoti Mann
Elon Musk wanted way more Nvidia chips for his Grok chatbot than Oracle could provide, Larry Ellison says
Nvidia stock has tripled this year as investors bet AI will fuel sales of graphics chips. They'll c…
Theron Mohamed
Sam Altman sought billions to fund a chip company that could rival Nvidia before he was fired, report says
Altman was fundraising in the Middle East for the new venture, codenamed Tigris, Bloomberg reported.
Beatrice Nolan
Checkout chip makers’ stocks that surged on PLI scheme; industry leaders feel the move will make India self-reliant
Finally, some of the semiconductor shortage will hopefully ease after the Indian government announc…
Nvidia is desperately trying to stop its chips from being used for crypto mining
But in the last few months, it has become harder to find a high-end Nvidia chip in stock. PC gam…
Chip makers like Nvidia are set to soar as semiconductor sales to reach $544 billion in 2021, Bank of America says
'We remain firmly in the stronger-for-longer camp for semis," said chip sector analysts at Bank of …
Carla Mozée
India makes a $10 billion bet to woo chip makers at home
China Plus One refers to reducing dependency on supply chains only in China, and diversifying bu…