“The US Department of Commerce and Samsung Electronics have signed a non-binding preliminary memorandum of terms to provide up to $6.4 billion in direct funding under the Chips and Science Act,” said a statement published by the Commerce Department. A general view of Samsung Electronics’ semiconductor plant under construction in Taylor, Texas, on January 2, … Read more
At a time when the global euphoria about AI has propelled a three-fold surge in Nvidia’s stock, investors are pointing toward emerging markets for better value and a bigger pool of options. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink … Read more
The fund will underpin promising start-ups in the fields of artificial intelligence, biotechnology and semiconductors, and is expected to attract more technology firms to Shanghai, the municipal government said in a statement on Friday. The local state-owned assets watchdog will be responsible for the fund’s establishment and operations. It will be the city’s largest government-backed … Read more
Seoul: South Korea will proactively support the semiconductor industry, and accelerate the development of high-bandwidth memory and artificial intelligence chips to achieve the annual export target of $120 billion, said Industry Minister Ahn Duk-geun on Thursday. “The government will support the timely establishment of related infrastructure, secure competitive technologies, promote exports, and strengthen the ecosystem … Read more
Micron Technology, the largest US maker of memory chips, jumped in late trading after giving a surprisingly strong revenue forecast for the current quarter, buoyed by demand for artificial intelligence (AI) hardware. Revenue for its financial third quarter will be US$6.4 billion to US$6.8 billion, Micron said in a statement on Wednesday. That compares with … Read more
A Memorandum of Understanding (MoU) was signed between IIT Roorkee and Micron to support the country’s journey towards self-reliance and innovation. A Memorandum of Understanding (MoU) was signed between IIT Roorkee and Micron to support the country’s journey towards self-reliance and innovation.(Handout) According to a press release by IIT Roorkee, the MoU was signed by … Read more
New Delhi: Union Ministers Ashwini Vaishnaw and Anurag Thakur brief the media on cabinet decisions, in New Delhi, Thursday, Feb. 29, 2024. (PTI Photo/Kamal Singh) New Delhi: The country will not only meet its demand for semiconductors by 2029 but also start exporting them, while fabricating “300 crore semiconductor chips in a year”, Union Electronics … Read more
The Ascend 910B is believed to succeed the Ascend 910, which was released by Huawei in August 2019, three months after it was put on a trade blacklist by the US Commerce Department. The chip can compete with Nvidia’s A100 in terms of powering AI algorithms, according to Dylan Patel, chief analyst at San Francisco-based … Read more
India has set its sights on becoming a formidable force in global semiconductor equation, rivalling known destinations like Taiwan and South Korea in next 5 years, Union Minister Ashwini Vaishnaw has said asserting that if and when mindset of global players has changed to an eagerness to invest in the country. In an interview to … Read more
Zhou Hongyi, the founder of Chinese internet security firm 360 Security Technology, which has joined China’s race to launch its own ChatGPT-style large language model, said the introduction of Sora was like a “barrel of cold water poured down China’s head”, Chinese media Yicai reported on Friday. “It cools down the heads of many people, … Read more
