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advanced micro devices

Chinese selfie apps giant Meitu sees profits triple in 2023 on back of new generative AI-powered tools

by Anas Siddiqui
Chinese selfie apps giant Meitu sees profits triple in 2023 on back of new generative AI-powered tools

Chinese selfie apps giant Meitu said new image-and-video-editing tools powered by artificial intelligence (AI) helped the company triple its profits last year, in stark contrast to how many other firms …

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Nvidia Announces Advanced A800 Chip for Chinese Market That Meets New US Export Controls

by Maya Ortiz
Nvidia Announces Advanced A800 Chip for Chinese Market That Meets New US Export Controls

US chip maker Nvidia said on Monday it is offering a new advanced chip in China that meets recent export control rules aimed at keeping cutting-edge technology out of China’s …

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Microsoft unveils first in-house AI and cloud chips in trend towards custom silicon

by Anas Siddiqui
Microsoft unveils first in-house AI and cloud chips in trend towards custom silicon

Microsoft unveiled its first home-grown artificial intelligence chip and cloud-computing processor in an attempt to take more control of its technology and ramp up its offerings in the increasingly competitive …

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Samsung shares trail rival SK Hynix as the smaller South Korean memory chip maker gets a boost from AI fever

by Walter Watson
Samsung shares trail rival SK Hynix as the smaller South Korean memory chip maker gets a boost from AI fever

SK Hynix has surged 67 per cent this year thanks to its deal to supply premium high-bandwidth memory chips to Nvidia, trouncing Samsung, which is up 24 per cent as …

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AMD Aims to Ramp Up AI Chip Production for Release by Q4, Raises Q3 Forecast to $5.7 Billion

by Maya Ortiz
AMD Aims to Ramp Up AI Chip Production for Release by Q4, Raises Q3 Forecast to .7 Billion

Advanced Micro Devices on Tuesday forecast a strong finish to the year, driven by the planned launch of artificial intelligence chips that could compete with Nvidia semiconductors. AMD shares rose …

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