Nvidia has invested $3.5 billion in convertible bonds issued by MediaTek as part of a new partnership to integrate Nvidia technology with MediaTek's custom AI chip business. This collaboration aims to expand MediaTek's presence in the data center market and includes joint work on AI chips for PCs and cars. MediaTek, a leading smartphone chipmaker and Qualcomm rival, is diversifying into AI and data center chips, potentially challenging established players like Broadcom. The deal supports Nvidia's strategy to remain central in AI infrastructure as companies develop their own AI chips.
Amazon CEO Andy Jassy announced that the company will begin selling its AI chips, known as Trainium, to external customers starting in late 2027. This move could compete with NVIDIA, the current leader in AI chip supply, especially since Amazon has o...
AMD's Data Center revenue surged 107% to $6.72 billion, now 58% of total revenue, driven by strong demand for EPYC processors and Helios AI accelerators. Shares have risen 164.77% year-to-date, supported by major deals with OpenAI, Meta, and Anthropi...
US intelligence alleges a suspected Chinese intelligence asset, Alice Huang, formed a close relationship with NVIDIA CEO Jensen Huang while her company spent billions on NVIDIA chips. The report says US officials briefed former President Trump but to...
Alphabet Inc. introduced its newest TPU 8t and 8i, which offer significant improvements in performance per dollar compared to the previous TPU v7. This advancement leads to lower costs for AI tasks, making Google's TPU offerings among the most cost-e...
US officials investigated a former Singapore-based cloud executive suspected of spying for China who met Nvidia CEO Jensen Huang multiple times. The executive, Alice Huang, led Megaspeed, a company buying Nvidia chips to build data centers. The meeti...
