Nvidia, Apple in talks to join OpenAI’s new funding round valuing it at over US$1 billion

Nvidia, Apple in talks to join OpenAI’s new funding round valuing it at over US billion

Nvidia, the world’s biggest chip maker, has discussed joining a funding round for OpenAI that would value the artificial intelligence (AI) start-up at more than US$100 billion, according to people familiar with the matter. Apple and Microsoft also have been in talks about taking part in the financing, said the people, who asked not to … Read more

Tech war: China’s chip imports surge as firms stockpile ahead of fresh US restrictions

Tech war: China’s chip imports surge as firms stockpile ahead of fresh US restrictions

In the first seven months of 2024, chip imports totalled 308.1 billion units, worth about US$212 billion, according to data published on Wednesday by the General Administration of Customs. That marked a 14.5 per cent year-on-year jump in volume and 11.5 per cent increase in dollar value. The surge in IC imports reflects expectations that … Read more

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

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 by demand for servers powering artificial intelligence (AI) applications. The Taiwan-based company, formally known as Hon Hai Precision Industry, said on Wednesday that net income … Read more

Tech war: US seeks help of allies Japan and Netherlands to curb China’s AI chip progress

Tech war: US seeks help of allies Japan and Netherlands to curb China’s AI chip progress

ASML and Tokyo Electron machines are used to produce dynamic random access memory dies, which are stacked together to make HBM chips. The United States’ Under Secretary of Commerce for Industry and Security, Alan Estevez, oversees the country’s export controls. Photo: Getty Images The Biden administration has tried for years to limit China’s ability to … Read more

Samsung unveils chip technology road map to win AI business

Samsung unveils chip technology road map to win AI business

Samsung Electronics unveiled a number of forthcoming advancements to its technology aimed at luring makers of artificial intelligence (AI) chips to its manufacturing business. Though Samsung is the world’s No. 1 memory-chip maker, it has been trying to catch up with rival Taiwan Semiconductor Manufacturing Co (TSMC) in the foundry market, where companies manufacture customer-designed … Read more