Taiwan Semiconductor Manufacturing Co. (TSMC) announced a 67.9% year-on-year increase in June sales, reaching NT$442.68 billion. For the first half of 2026, revenue grew 35.6% to NT$2.4 trillion, boosted by AI chip demand. Shares rose 1% as the company plans new packaging plants in Taiwan.
Samsung Electronics is reportedly preparing to manufacture Tesla's next-generation AI chip, the AI5, using its 2nm process at its Texas plant. The chip, designed for Tesla's FSD system, robots, and data centers, has completed its tape-out phase, with mass production expected to begin in 2027.
Samsung is accelerating the timeline for opening its AI chip factory in South Korea, part of a strategic industrial complex aimed at meeting global demand for artificial intelligence chips. The company plans to invest heavily in semiconductor production facilities.
SK Hynix debuted on the Nasdaq at $170 per share, a 14% increase, as investors sought a stake in the South Korean tech giant. The company raised $26.5 billion for expansion, driven by soaring demand for AI memory chips.
بدء تداول أسهم «إس كيه هاينكس» في الولايات المتحدة بقيمة 26.5 مليار دولار يمثل اختباراً لثقة المستثمرين في استدامة موجة الذكاء الاصطناعي، وسط ضغوط على أسهم أشباه الموصلات وتراجعها عن أعلى مستوياتها.
South Korean chipmaker SK hynix will list its American depositary receipts on Nasdaq on Friday, aiming to raise approximately $26.5 billion. The move seeks to broaden access to global investors interested in the booming AI infrastructure market and enhance the company's long-term fundraising capabilities.
Meta plans to start manufacturing its own AI-specific chips in September to reduce GPU costs during a component shortage. The company is collaborating with Broadcom on design and TSMC on manufacturing, aiming to save on Nvidia and AMD purchases.
China plans to allow selected domestic firms like Alibaba and ByteDance to import limited Nvidia H200 chips, easing its tech standoff with the US. This pragmatic shift addresses China's immediate AI computing power gap, as local alternatives are insufficient.
SK Hynix's $28 billion US IPO was oversubscribed sevenfold, indicating strong investor interest in the AI chip supplier. The offering aims to fund new facilities and reduce valuation gaps with US competitors, with trading set to begin on Nasdaq on July 10.
Cerebras, a US-based AI chip maker, announced plans to launch its first European data centre by the end of 2026, followed by rapid expansion across France and the Nordics by 2027. The initiative aims to boost AI computing capacity in Europe, addressing demand for local, low-latency infrastructure and offering an alternative to US and Asian compute capacity.
Nvidia's stock has fallen 16% from its May 14th high as investors reallocate capital to other semiconductor companies, particularly memory and storage chip producers. Despite the drop, analysts are raising future earnings estimates, suggesting a market shift rather than a performance decline for Nvidia.
AI chip startup SambaNova secured $1 billion in financing, valuing the company at $11 billion. The funding, led by General Atlantic, aims to challenge Nvidia's dominance in AI semiconductors, particularly for inference chips.
AI chip company SambaNova Systems has secured $1 billion in its Series F funding round, valuing the company at $11 billion. Led by General Atlantic, the round saw participation from new and existing investors, including Intel and JPMorgan Chase, which selected SambaNova as an inference-infrastructure partner.
AI chip startup Rebellions is targeting an initial public offering in South Korea in the first or second quarter of next year, CEO Sunghyun Park told CNBC. The company is leaning towards a KOSPI listing, citing alignment with Korean government AI infrastructure projects and investor preference. Rebellions, backed by Samsung and SK Hynix, develops server systems powered by its Rebel100 NPU chips for AI inference.
Chinese AI startup DeepSeek is reportedly developing its own AI inference chip, aiming to reduce reliance on Nvidia and potentially challenge Huawei. This move aligns with Beijing's push for domestic alternatives amid US export controls.
The market shows a split, with the S&P 500 stable while the Nasdaq 100 falls due to AI chip stock selloffs. Amazon plans a $25B bond sale, its last for the year, amid AI investment funding. Microsoft is also reducing reliance on external AI models.
China's DeepSeek is developing its own AI chip for inference, the process of generating responses to user queries. Previously relying on Nvidia and Huawei chips, the company began work on its own solution about a year ago and is in early discussions with partners. The move comes amid growing demand for inference chips as AI becomes more widespread.
Tech giants like Google and Amazon are seeing increased carbon emissions due to AI investments, jeopardizing net-zero goals. Meanwhile, Meta is exploring new revenue streams like cloud computing and prediction markets amid stock decline and legal challenges.
Samsung Electronics reported a record quarterly operating profit of 89.4 trillion won ($58.6 billion), driven by booming demand for AI memory chips. This surge has allowed Samsung to overtake Nvidia as the world's most profitable technology company, with revenue also reaching an all-time high.
Chinese AI firm DeepSeek is reportedly planning to develop its own silicon for AI inference, aiming to reduce reliance on third-party providers like NVIDIA and Huawei. The move could intensify competition in China's AI market.
Samsung expects Q2 operating profit of 89.4tn won, 19x higher YoY, due to soaring AI chip demand. Despite record forecasts, shares fell 7% as the market had already priced in growth and investors question spending sustainability.
South Korea plans to use record-breaking tax income from its chip industry, driven by AI demand, to fund a "future response fund." Proceeds will support industrial infrastructure, young generations, and utilities for chip plants, reflecting strong profits from Samsung Electronics and SK hynix.
Shanghai Biren Technology, a Chinese AI chipmaker, is raising HK$7 billion (US$892.5 million) to increase GPU production. This move aims to meet surging demand from cloud, data center, and enterprise clients and compete with Nvidia in China's booming AI market.
NVIDIA's Kyber rack-scale architecture, designed for its 2027 Rubin Ultra chips, is reportedly delayed to 2028 due to manufacturing challenges with a key circuit board. This setback, along with a scrapped backup plan, raises questions about NVIDIA's product roadmap and could benefit rivals like AMD and Google.
