AI chip startup Groq is raising $650 million from existing investors to build out its inference cloud business, five months after licensing its hardware.
China's top DRAM maker CXMT cleared its Shanghai Stock Exchange review for a $4.2 billion IPO targeting a $42 billion valuation.
SK Hynix surged past $1 trillion market value on May 27, joining Samsung and Micron as AI-driven demand for high-bandwidth memory sends chip stocks soaring.
Qualcomm struck a deal to supply millions of AI chips to ByteDance, sending its stock up 8.3% to a new intraday record on May 26.
UBS raised Micron's price target to $1,625, the highest on Wall Street, as the chipmaker's market cap surged past $1 trillion on AI-driven DRAM demand.
Huawei announced it will produce 1.4-nanometer chips by 2031 using proprietary LogicFolding technology, narrowing a five-year gap with TSMC.
Lenovo shares jumped 13% to a 26-year high after Q3 earnings showed record $22.2 billion revenue with AI-driven growth offsetting rising component costs.
Brett Adcock's AI startup Hark raised $700 million at a $6 billion valuation to build a universal AI assistant with custom hardware.
Nvidia's earnings reveal AI demand is shifting from data centers to edge computing while inflation and consumer weakness threaten the sector's momentum.
Cerebras Systems priced its IPO at $185 per share, raised $5.55 billion, and saw shares surge 81-89% in their Nasdaq debut. The offering, year's largest, valued the AI chipmaker near $40 billion and turned CEO Andrew Feldman's stake into a $3.2 billion fortune while testing investor appetite for non-Nvidia AI infrastructure plays.
Apple enters late-stage testing for camera-equipped AirPods that could turn every earbud into an AI vision device, moving toward 2027 production.
Google scraps the Fitbit name and smartwatch screens, launching a $99 Whoop rival that turns your wrist into a 24/7 AI doctor.
Arm CEO Rene Haas reports CPU demand 'explosion' from AI workloads as smartphone revenue drops, with orders hitting $2B in five weeks.
SpaceX formally proposes a $55B semiconductor fab in Grimes County, Texas, kicking off Elon Musk's Terafab megaproject that may ultimately exceed $119B.
AI workloads are pushing semiconductor manufacturing to breaking point, forcing fabs to rethink design, supply chains, and even physics itself.
