chips
By David Shepardson WASHINGTON (Reuters) – The U.S. Commerce Department said Friday it has finalized a $6.6 billion government subsidy for Taiwan Semiconductor Manufacturing Co’s U.S. unit for semiconductor production in Phoenix, Arizona. The binding contract – after a preliminary agreement announced in April – is the first major award…
The high demand for advanced semiconductors is increasing tensions between the US and China.Production power is key to the conflict, but tensions have shifted to the supply of raw materials.Supply chain and foreign relations experts told BI why the AI race is similar to a new Cold War. In the…
SoftBank is the first to buy Nvidia’s Blackwell chips, the companies said Wednesday.The chips will power a supercomputer in Japan.The collab comes amid skyrocketing demand for Nvidia chips as companies scramble to secure supplies. SoftBank Group is the first customer to use Nvidia’s Blackwell chips, which will be used to…
By Karen Freifeld and Fanny Potkin NEW YORK/SINGAPORE (Reuters) – The U.S. ordered Taiwan Semiconductor Manufacturing Co to halt shipments of advanced chips to Chinese customers that are often used in artificial intelligence applications starting Monday (NASDAQ:), according to a person familiar with the matter. The Department of Commerce sent…
AWS’s Graviton CPU chips are used by over 90% of its 1,000 largest data center customers.Graviton chips, launched in 2018, are becoming an important part of AWS’s overall business.AWS’s custom silicon strategy includes AI chips like Inferentia and Trainium. In 2018, Amazon Web Services launched Graviton, its own line of…
PepsiCo is selling bigger packs of chips to win over inflation-weary shoppers.The company’s snack revenue fell 1% during the third quarter, it said Tuesday.It’s the latest sign that shoppers are getting some relief after years of rising food prices. There’s finally some good news for snackers reaching for a bag…
By Hyunjoo Jin, Heekyong Yang and Joyce Lee SEOUL (Reuters) -Samsung Electronics warned its third-quarter profit would come in below market expectations and apologised for the disappointing performance with the tech giant lagging its rivals in supplying high-end chips to Nvidia (NASDAQ:) in the booming AI market. The rare apology…
Hurricane Helene tore through North Carolina over the weekend, causing widespread devastation.The town of Spruce Pine was hit hard, and it could have global ramifications.Two mines there are a primary source of high-purity quartz, a key material for making semiconductors. A small town in North Carolina hit by Hurricane Helene…
(Reuters) – TikTok’s Chinese parent ByteDance plans to develop an AI model trained primarily with chips from compatriot Huawei Technologies, said three people familiar with the matter, as U.S. curbs turn the social media giant homeward in search of chips. ByteDance has diversified to domestic suppliers of chips used in…
Nvidia CEO Jensen Huang said that a shortage of his company’s products is making customers “emotional” and that things are tense.Huang, dubbed the King of AI, said the demand for Nvidia’s products is so high because everyone wants to get them first — and they want a lot. It’s making…