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News
Taiwan’s chip prowess is built on democracy and rule of law, president says
1+ hour, 33+ min ago (382+ words) TAIPEI, Sept 1 (Reuters) – Taiwan’s semiconductor prowess is built on the foundations of democracy and rule of law, becoming a trusted international partner that keeps its promises to supply the world, President Lai Ching-te said on Tuesday. Taiwan is home to…...
South Korea’s SK Hynix considers building memory chip plant in Japan, Hankyoreh reports
1+ week, 4+ day ago (144+ words) SEOUL, Aug 21 (Reuters) – South Korea’s SK Hynix is considering building a memory chip plant in Japan’s Miyagi prefecture and could invest tens of trillions of won in the project, the Hankyoreh newspaper reported on Friday, citing industry sources. The newspaper…...
Chip designer Velaura AI valued at more than $1 billion after funding round
1+ week, 6+ day ago (185+ words) Aug 18 (Reuters) – Velaura AI was valued at more than $1 billion on Tuesday after raising $110 million in a Series A funding round, with investors backing the startup’s chip design technology for lowering power consumption and operating costs at AI data centers....
Intel plans $15 billion share sale as turnaround rally lifts stock
3+ week, 12+ hour ago (393+ words) Aug 10 (Reuters) – Intel said on Monday it was planning to raise $15 billion through a share sale, as it looks to fund the costly build-out of its chip contract manufacturing business by cashing in on a stock surge fueled by its…...
Apple says Mac users in China can connect to Alibaba’s Qwen AI service | 1450 AM 99.7 FM WHTC | Holland
3+ week, 2+ day ago (253+ words) BEIJING, Aug 8 (Reuters) – Apple has published a guide explaining how eligible Mac users in mainland China can connect Alibaba’s Qwen artificial-intelligence service to the U.S. tech giant’s Siri digital assistant and Writing Tools feature. The Mac-specific arrangement could help…...
Sandisk, Western Digital weigh on chip sector as high expectations eclipse strong earnings
3+ week, 4+ day ago (434+ words) By Purvi Agarwal and Niket Nishant Aug 6 (Reuters) – Data storage companies tumbled on Thursday after quarterly results from Sandisk and Western Digital failed to sustain momentum in an industry that has become one of Wall Street’s hottest bets this year....
Anthropic to build in-house chip design team for Claude, hire engineers
3+ week, 5+ day ago (195+ words) Aug 5 (Reuters) – Anthropic said on Wednesday it is building an in-house team to design custom chips for its Claude AI models, confirming an earlier Reuters report, as the startup responds to a shortage of chips needed to power and develop…...
Sony makes acquisition proposal for Japan camera lens maker Tamron
1+ mon, 2+ day ago (103+ words) TOKYO, July 30 (Reuters) – Sony Group has made a proposal to acquire Tamron Co, the Japanese camera lens maker said on Thursday, adding it has established a special committee to review various options. Sony has made a non-binding proposal for a…...
Apple Intelligence AI service registered with Chinese cyberspace regulator
1+ mon, 2+ week ago (250+ words) By Che Pan and Liz Lee BEIJING, July 15 (Reuters) – China’s cyberspace regulator said on Wednesday that Apple’s on-device generative AI service, Apple Intelligence, has been registered for use on iPhones in China, paving the way for the long-anticipated rollout of…...
US official says Nvidia has begun shipping powerful H200 AI chips to China
1+ mon, 2+ week ago (678+ words) By David Shepardson and Karen Freifeld WASHINGTON, July 14 (Reuters) – A top U.S. official told Congress on Tuesday that a small number of Nvidia H200 chips, one of the company’s most powerful AI chips, have been shipped to China to date. “There…...