Dutch startup Euclyd has raised $230 million in a funding round co-led by Samsung and several investment funds to develop a new AI inference chip system that aims to compete with Nvidia's GPUs. Founded in 2024, Euclyd is designing a chip with a different architecture focused on reducing energy consumption and costs for AI data centers. The company plans to launch its physical chip systems by 2028 and serve thousands of enterprise customers by 2030. Samsung's involvement brings expertise in memory manufacturing and supply chain support, boosting Euclyd's development efforts amid a growing market for AI hardware alternatives.
Nvidia's stock price is currently USD 212.07 on Pluang as of Sep 15, 2026 06:51 WIB, down 2.80% in the past day. The company holds a market cap of $5.27 trillion, reflecting its dominant position in the AI chip market. This funding round for Euclyd highlights growing competition in AI hardware, even as Nvidia remains a major player.
Intel shares fell 4% after Elon Musk confirmed discussions with Taiwan Semiconductor Manufacturing (TSMC) about joining Terafab, a Texas chip venture where Intel is currently the sole manufacturing partner. This potential partnership could reduce Int...
Nvidia's stock rose 1.3%, pushing its market value close to $5.7 trillion and potentially reaching $6 trillion by month's end, driven by optimism around AI demand. Options market data suggest a 50% chance of hitting $6 trillion soon, reflecting stron...
Invesco QQQ Trust (QQQ) is recommended for a $1,000 investment this October due to its focus on the top 100 non-financial Nasdaq companies, especially tech giants like NVIDIA and Apple. The ETF offers exposure to the AI economy, with nearly 30% in ch...
The Northern Trust US Quality Large Cap ETF (QLC) tracks a multi-factor index focusing on quality, value, and momentum among the 600 largest U.S. companies. It has a heavy concentration in technology, with 36.8% sector weight and top holdings like NV...
NVIDIA Corporation's stock recently approached a $6 trillion market capitalization, hitting record highs after a volatile summer. The company offers attractive value with a forward price-to-earnings ratio below 15 and expected long-term earnings grow...
