SK Group Chairman Chey Tae-won expressed confidence that AI-driven chip demand will keep growing and revealed plans for a much bigger US investment strategy.
Governments are racing to define AI sovereignty, but experts warn that chasing full self-sufficiency is a trap that deepens dependency and ignores.
SambaNova Systems raised $1 billion at an $11 billion valuation, five months after its last mega funding round.
Apollo economist Torsten Slok says stagnant profit margins outside the Magnificent 7 threaten Big Tech's premium valuations.
Chip stocks rallied on July 6 after a sharp selloff as investors bought the dip, betting AI infrastructure spending will keep rising.
Valar Atomics generated electricity from an advanced nuclear reactor to run an Nvidia AI chip, marking the first US demonstration of its kind.
Qualcomm announced its first data center AI processors and signed Meta as a flagship customer, projecting $15 billion in annual chip sales by 2029.
OpenAI and Broadcom revealed Jalapeño, their first custom AI inference chip, after a nine-month design sprint with early samples now testing in OpenAI's labs.
SK Hynix plans to raise $29.4 billion through a Nasdaq depositary receipt listing with trading expected to begin July 10.
Qualcomm will buy AI infrastructure startup Modular for nearly $4 billion, issuing up to 19.2 million shares to expand its data center AI capabilities.
Reflection AI will pay SpaceX $150 million monthly through 2029 for Nvidia GB300 chips at the Colossus 2 data center in Memphis.
Groq raised $650 million from existing investors to transform into an AI inference cloud provider after Nvidia's $20 billion talent and technology deal.
Nvidia's Rubin architecture runs servers at 45°C with full liquid cooling, cutting data center water use to near zero.
Amazon is negotiating to sell its Trainium AI chips to outside data centers, a direct challenge to Nvidia's dominance in AI accelerator markets.
Nvidia plans to raise at least $20 billion through its first corporate bond offering since 2021 to fund AI expansion.
