The chip manufacturer, headquartered in the Dutch city of Nijmegen, was acquired in 2019 by state-backed Chinese semiconductor firm Wingtech.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
The company still makes more than 90% of the world’s most advanced AI chips and is a leading supplier for nearly every major tech firm.
Broadcom is tight-lipped about its client list, but analysts believe its three biggest customers are Google, Meta and Bytedance.
Intel has invested more than $20 billion in the new factory, which will churn out its chips in the US for the first time in nearly a decade.
OpenAI will put the chips to work in data centers that’ll power the staggering compute ChatGPT needs to remain everyone’s favorite therapist.
Unfortunately for Intel, the deal does not provide a direct lifeline to its floundering chipmaking foundry business.
‘It will require a lot of R&D investment to unlock that potential.’
Mistral has been hailed by policymakers as key to Europe’s ambitions to compete with dominant US and Asian rivals.
Nvidia reported zero Q2 sales of the H20 chip to China. It’s the latest sign of China’s decreasing dependence on the company.
McKinsey analysts forecast that quantum computing could unlock up to $1.3 trillion in economic value by 2035.
In May, revenue at Nvidia’s automotive and robotics businesses, which are reported together, posted $567 million in sales.
The deal comes as the US government explores a deal to take as much as a 10% ownership stake in the Santa Clara, California, firm.
Chip industry veteran Lip-Bu Tan was supposed to fix the company’s problems. Now, Tan has become the company’s problem.
It’s not just AMD. Investors have generally been hard to please for most chipmakers so far this earnings season.
For Samsung, it’s a chance to finally carve out some foundry industry market share from rival chipmaker TSMC.
Nvidia says the only way for the US to stay ahead of China in the Great AI Race is to keep selling AI-powering chips to China.