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nvidia

China spends big on Samsung, SK Hynix chips in first half amid US sanctions fears

by Anas Siddiqui
China spends big on Samsung, SK Hynix chips in first half amid US sanctions fears

China significantly increased the import of South Korean chips in the first half of 2024, according to data from Samsung Electronics and SK Hynix, the two memory chip giants. Samsung …

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Intel director, tech industry veteran Lip-Bu Tan exits board of struggling chip maker

by Anas Siddiqui
Intel director, tech industry veteran Lip-Bu Tan exits board of struggling chip maker

Intel director, tech industry veteran Lip-Bu Tan exits board of struggling chip maker Intel director Lip-Bu Tan, a semiconductor industry veteran brought in two years ago to help with the …

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SK Group backs US$140 million fund to bring South Korean chip firms to China

by Walter Watson
SK Group backs US0 million fund to bring South Korean chip firms to China

SK Group is putting its money into a new fund designed to help South Korean chip firms set up shop in China, even as the US ratchets up pressure on …

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China’s Black Myth: Wukong mania lifts sales of Sony’s PS5 console, other gaming hardware

by Anas Siddiqui
China’s Black Myth: Wukong mania lifts sales of Sony’s PS5 console, other gaming hardware

He added that his bricks-and-mortar store on Tuesday received more than dozen inquiries about the PS5’s availability. Sony’s flagship store in Shanghai’s upscale Huangpu district on Tuesday saw its stock …

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AMD to buy server maker, designer ZT Systems in US$4.9 billion challenge to Nvidia

by Anas Siddiqui
AMD to buy server maker, designer ZT Systems in US.9 billion challenge to Nvidia

AMD investors applauded the deal, sending the shares up as much as 4.2 per cent in New York on Monday. The transaction consists of 75 per cent cash and 25 …

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3 reasons tech stocks, once hot, are suddenly not

by Edgar Davis
3 reasons tech stocks, once hot, are suddenly not

A selloff in technology stocks Wednesday drove the Nasdaq and S&P 500 indices to their worst performances since 2022. The slump in high-tech follows a year-long rally by the “Magnificent …

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Apple supplier Foxconn sees revenue rising as AI server demand nudges profit up

by Anas Siddiqui
Apple supplier Foxconn sees revenue rising as AI server demand nudges profit up

Apple’s main contract manufacturing partner, Foxconn Technology Group, said it expects revenue to grow in the current quarter and for the rest of year, after reporting a profit rise boosted …

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Tech war: China pumps up state subsidies for chip industry to counter US sanctions

by Anas Siddiqui
Tech war: China pumps up state subsidies for chip industry to counter US sanctions

Government subsidies received by leading players in China’s semiconductor industry – including foundries, chip design and packaging firms – jumped significantly last year, as Beijing doubled down on efforts to …

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Huawei’s cloud services unit sees Asia-Pacific as a vast market for AI products

by Anas Siddiqui
Huawei’s cloud services unit sees Asia-Pacific as a vast market for AI products

Huawei is already working with weather forecasters in Thailand to adopt Pangu LLM, while also collaborating with various industries such as finance to improve efficiency and reduce costs, according to …

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Intel Sells Stake in Chip Designer Arm Holdings

by Maya Ortiz
Intel Sells Stake in Chip Designer Arm Holdings

Intel, which is cutting thousands of jobs as it struggles to stay relevant in the chip industry, sold its 1.18 million share stake in British chip firm Arm Holdings in …

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