SiPearl updates specs for Rhea1 processor set to power Europe's exascale dreams

theregister.com ISC Chip designer SiPearl has issued updated specs for its Rhea1 processor that will power Europe's first exascale system and is working with Samsung to integrate…

AI boom to keep supply of high-end memory chips 'tight' this year, analysts warn

cnbc.com A Samsung Electronics Co. 12-layer HBM3E, top, and other DDR modules arranged in Seoul, South Korea, on Thursday, April 4, 2024. Samsung's profit rebounded sharply in the…

Intel stock up as $11B Apollo deal nears completion: WSJ

finance.yahoo.com are moving higher as The Wall Street Journal reports that a deal between Intel and Apollo Global Management (APO) is nearing its conclusion. The deal concerns a $11 billion…

South Korea to Announce $7 Billion Package For Chip Industry

asiafinancial.com South Korea is preparing a more than 10 trillion won ($7.30 billion) package to support its chip industry, the country’s finance minister said on Sunday. South Korean…

China's biggest chipmaker SMIC warns of 'fierce' competition as it misses quarterly profit expectations

cnbc.com BEIJING, CHINA - DECEMBER 04: A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in…

South Korea-based DEEPX, which is building on-device AI chips, raised an ~$80M Series C led by SkyLake at a ~$529M valuation, taking its total funding to ~$95M

techcrunch.com DEEPX is a South Korean on-device AI chip (NPU, or neural processing unit) startup that makes hardware and software for various AI applications in electronic devices. The…

Samsung Medison to acquire French AI ultrasound startup Sonio for $92.7M

techcrunch.com Samsung Medison, a medical device unit of Samsung Electronics that specializes in developing diagnostic imaging devices, said on Wednesday it plans to acquire Sonio, a…

Samsung, LG lean on AI-powered kitchens to fend off Chinese rivals

asia.nikkei.com SEOUL -- South Korea's Samsung Electronics and LG Electronics have released AI-assisted kitchen appliances, aiming to tap demand for value-added products amid price…

Futures Flat As Post-FOMC Rally Takes A Breather

zerohedge.com Futures Flat As Post-FOMC Rally Takes A Breather US stock futures are flat after the S&P 500 and Nasdaq 100 both closed 1% higher on Monday, helped by growing optimism among…

Stock market today: Asian shares mostly higher, though China benchmarks falter

aol.com Asian markets forged higher Tuesday after another day of gains on Wall Street, although Hong Kong's benchmark faltered. U.S. futures were nearly flat and oil prices edged…

Google faces second day of closing arguments in U.S. antitrust trial

theglobeandmail.com The U.S. government will lay out its antitrust case against Alphabet’s GOOGL-Q Google on Friday in a second day of closing arguments focused on accusations that the online…

Google faces second day of closing arguments in US antitrust trial

aol.com The U.S. government will lay out its antitrust case against Alphabet's Google on Friday in a second day of closing arguments focused on accusations that the online search…

Apple unveils record $110 billion buyback as results beat low expectations

investing.com Apple's quarterly results and forecast beat modest expectations on Thursday, as the iPhone maker unveiled a record share buyback program, sending its stock up 6% in extended…