The TSMC prognosis drives up shares of AI chips, and Nvidia sets an all-time high
Nvidia shares hit an all-time high amid a rally in U.S. chip stocks after industry leader TSMC's strong sales forecast...
AI
Nvidia is about to overtake Apple as the world’s most valuable company
With Monday's record-breaking closing prices for its shares, Nvidia became just a few steps away from overtaking Apple as the...
Leading Wall Street banks provide a $650 million credit line to Nvidia-backed CoreWeave
Nvidia-backed artificial intelligence firm CoreWeave, which leases processors to other businesses, said on Friday that it has secured a new...
Nvidia’s mega chip facility in Mexico will be built by Foxconn
Senior leaders of the Taiwanese business said on Tuesday that Foxconn is constructing the largest facility in the world in...
Artificial intelligence is key to streamline and improve services: Banorte
Grupo Financiero Banorte remarked that it has been using artificial intelligence (AI) for several years to increase the efficiency of...
With a $150 billion value, OpenAI aims to attract capital to elevate its standing among AI firms
According to Bloomberg News, artificial intelligence behemoth OpenAI is in discussions to raise capital at a $150 billion valuation, a...
Apple announced a September 9 iPhone event
Apple has announced that on Monday, September 9, it will have a news conference at its Cupertino, California, headquarters. There,...
Foxconn invests $241 million to produce AI servers in Mexico
Taiwanese technology company Hon Hai, known worldwide as Foxconn, announced an investment of US$241.2 million in Mexico to expand its...
A merger deal is signed between Rebellions and Sapeon to take on Nvidia
Rebellions Inc. and Sapeon Korea Inc., two South Korean artificial intelligence chip companies, inked a merger deal with the intention...
How semiconductor juggernaut Intel lagged behind the times by rejecting OpenAI
About seven years ago, the company had the opportunity to buy a stake in OpenAI, then a fledgling nonprofit research...
