INSEAD Day 4 - 728x90

chips

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.
  • San Francisco, United States - Artificial intelligence giant Anthropic said Thursday it was expanding its use of Google cloud computing and specialized chips in a deal worth tens of billions of dollars. The arrangement will include Anthropic buying as many as one million Tensor Processing Units (TPUs), which are integrated...
  • OpenAI big chip orders dwarf its revenues – for now

    New York, United States - OpenAI is ordering hundreds of billions of dollars worth of chips in the artificial intelligence race, raising questions among investors about how the startup will finance these purchases. In less than a month, the San Francisco startup behind ChatGPT has committed to acquiring a staggering...
  • China’s chip challenge: the race to match US tech

    Beijing, China - China's push to develop top-end artificial intelligence microchips is gaining momentum, but analysts say it will struggle to match the technical might of US powerhouse Nvidia within the current decade. Ramping up its chip industry is a way for Beijing to beat restrictions imposed by Washington on...
  • China’s Xiaomi to invest nearly $7 bn in chips

    Chinese tech giant Xiaomi will invest 50 billion yuan ($6.9 billion) in developing high-end smartphone chips, the firm's founder said on Monday.
  • Nvidia unveils plan for Taiwan’s first ‘AI supercomputer’

    Taipei, Taiwan -- Nvidia boss Jensen Huang announced plans for Taiwan's first "AI supercomputer", as he showcased on Monday the company's latest advances in artificial intelligence. Global chip giants have gathered in Taiwan for the island's top tech expo, Computex, as the sector grapples with the impact of US tariffs...
  • Tariff war: Xi says China must ‘overcome’ AI chip challenges

    Beijing, China - President Xi Jinping said China must "overcome" the challenges of developing core AI technologies including high-end chips, state media reported Saturday, as Beijing seeks to become a world leader in the rapidly developing industry. China aims to dominate the artificial intelligence sector, a goal complicated by the...
  • FPT and Nvidia to build AI factory

    Nvidia had invested around $250 million in Vietnam.
  • China to restrict export of semiconductor making materials

    BEIJING, CHINA - China said on Monday it would slap export controls on two rare metals essential for the manufacture of semiconductors over security concerns, as Beijing and Washington tussle over the global market for chips. Exports of gallium and germanium, of which China is a major producer, will require a...
  • World at tipping point of new computer era: Nvidia chief

    Jensen Huang unveiled a raft of AI-related products in his first public speech in four years at Taiwan tech trade show, which included an AI supercomputer platform called DGX GH200, which he said is now "in full production".
  • Need for big investments dark cloud over ChatGPT revolution

    Building something even near the scale of what OpenAI, Microsoft or Google have on offer would require billions in investment on chips and quality human resources. OpenAI bled around $540 million last year as it developed ChatGPT and says it needs $100 billion to meet its ambitions.
  • TSMC begins making 3nm chips

    TSMC operates the world's largest silicon wafer factories.
  • $5.76bn French factory on cards

    STMicroelectronics and GlobalFoundries to invest in semiconductor unit.
  • Apple unveils message recall, other ‘wish list’ features

    Apple opened Monday its first in-person developers conference since the onset of the pandemic with chips, maps and a way to delete precipitously sent messages, but was mum on any virtual reality offerings. The tech giant touted new features and capabilities being built into the operating systems running iPhone, Apple...
  • 50% of top 10 automotive OEMs will design their own chips by 2025

    “Automotive semiconductor supply chains are complex,” said Gaurav Gupta, research vice president at Gartner. “In most cases, chip makers are traditionally Tier 3 or Tier 4 suppliers to automakers, which means it usually takes a while until they adapt to the changes affecting automotive market demand. This lack of visibility...
  • Semiconductor shortage slows down GCC auto sector

    Auto exports to the region are likely to suffer for the next more than a year due to an estimated net production loss of 3.9 million vehicles globally. Besides the automobile sector, e-gadgets, the smartphone and video gaming industries were impacted by the shortage.
  • The chips are down: why there’s a semiconductor shortage

    The car industry has been the most visible victim so far, with many brands forced to slow their output in recent months.