AI Chips

AI Fuels Tech Surge as Micron, Databricks and Basis Ride Wave of Growth
AI Fuels Tech Surge as Micron, Databricks and Basis Ride Wave of Growth
December 19, 2024  |  artificial intelligence

Micron Technology posted a stunning 400% jump in data center revenue amid soaring AI chip demand, while data intelligence firm Databricks secured a massive $10...

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Nvidia Challenger Tenstorrent Gets $700 Million to Bolster AI Tech
Nvidia Challenger Tenstorrent Gets $700 Million to Bolster AI Tech
December 02, 2024  |  Investments

AI chip startup Tenstorrent has reportedly raised $700 million in its quest to challenge Nvidia. The investment — from Amazon founder Jeff Bezos and Samsung — values...

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Wall Street Braces for Nvidia’s Trillion-Dollar Earnings Report
Wall Street Braces for Nvidia’s Trillion-Dollar Earnings Report
November 20, 2024  |  artificial intelligence

All eyes are on Nvidia as the AI juggernaut prepares to release what could be the most consequential tech earnings of 2024. Bloomberg reported that...

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Nvidia Earnings Report Could Trigger $300 Billion Market Swing
Nvidia Earnings Report Could Trigger $300 Billion Market Swing
November 20, 2024  |  Earnings

Market watchers are bracing for potentially historic volatility when Nvidia reports its earnings  on Wednesday (Nov. 20), according to Bloomberg News. The chip giant’s stock...

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Meta and AMD Race to Meet Demand for AI With Infrastructure Push
Meta and AMD Race to Meet Demand for AI With Infrastructure Push
October 31, 2024  |  artificial intelligence

Tech giants are pouring unprecedented resources into artificial intelligence (AI) infrastructure as Meta plans up to $40 billion in 2024 spending and AMD rides the...

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AMD Challenges Nvidia With New AI Chip
AMD Challenges Nvidia With New AI Chip
October 11, 2024  |  artificial intelligence

Advanced Micro Devices (AMD) on Thursday (Oct. 10) unveiled a new artificial intelligence (AI) chip aimed at breaking Nvidia’s stronghold on the lucrative data center...

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Samsung Warns of Lower Earnings as Tech Giants Race to Meet Demand for AI
Samsung Warns of Lower Earnings as Tech Giants Race to Meet Demand for AI
October 09, 2024  |  artificial intelligence

When Samsung warned this week that its third-quarter profits would fall short of expectations, it wasn’t just a blip for the South Korean tech giant....

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AI Chip Demand Surge Sparks Debate on Future Shortages
AI Chip Demand Surge Sparks Debate on Future Shortages
September 27, 2024  |  artificial intelligence

The artificial intelligence (AI) revolution is raising concerns about a new global semiconductor shortage, with experts offering diverse perspectives on its timing, scope and impact...

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Sequoia Bets on AI Apps, Nvidia Chips in High Demand, Oracle Cloud Grows
Sequoia Bets on AI Apps, Nvidia Chips in High Demand, Oracle Cloud Grows
September 12, 2024  |  artificial intelligence

Sequoia Capital, Nvidia and Oracle are all in on artificial intelligence this week. From VC investments in AI applications to skyrocketing demand for AI chips...

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