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.
CoreWeave carries $35.6 billion in debt and has negative free cash flow, but strong demand for its AI computing capacity and pricing power justify continued investment. The company reported a 46% increase in revenue backlog to $104 billion and 112.3%...
Nvidia shares have surged dramatically over the past decade, driven by its expansion from gaming graphics cards to AI data center products like the Vera CPU and Rubin GPU. Analysts now see nearly 39% upside with an average price target of $327.70, su...
AI-related stocks fell sharply after OpenAI's $20B revenue report caused market jitters, but the drop mainly reflects differences in how earnings are reported rather than actual demand weakness. Semiconductor ETFs dropped over 3% while the broader S&...
A $10,000 investment in the Vanguard Information Technology ETF (VGT) on the day ChatGPT launched in November 2022 has grown to $30,482 with dividends reinvested, outperforming the Invesco QQQ Trust (QQQ), which grew to $26,095 over 3.85 years. The k...
Taiwan Semiconductor Manufacturing Company (TSMC) is crucial in AI chip production, as nearly all advanced chips, including Nvidia's, are made in its factories. TSMC's stock is currently priced at $472.36 with a 24/7 Wall St. price target of $552.36,...
