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One of the Chinese company’s top scientists has warned that Nvidia will soon run into the same physical limit on chip performance that Huawei says is reshaping the whole industry, according to Bloomberg. The argument is less a boast than a bet on where the technology is heading. If every chipmaker is nearing a hard […]
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Huawei scientist says Nvidia will soon hit the same chip wall Read More »
Sequoia Capital led a $1 billion Series B for Valar Atomics, valuing the nuclear startup at $6 billion. That is three times the $2 billion valuation from its earlier round just months ago. Atreides Management, Point72, and Snowpoint Ventures also participated. Sequoia partner Shaun Maguire will join Valar’s board. The company also secured a $200 […]
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The usual story about Nvidia is a hardware story: the fastest chips, in the shortest supply, at the highest price. The more important part is software. For two decades the company’s real moat has been CUDA. It is the layer that turns its silicon into something developers can build AI on. That moat is now […]
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Nvidia’s real moat was never the chips. AI has started rewriting it. Read More »
The AI boom made GPUs famous. The dull chips that wire thousands of those GPUs together are quietly becoming just as valuable. Xsight Labs, an Israeli chipmaker, has raised more than $300 million at a $2.8 billion valuation, it said on Thursday. Fidelity led the round. That is more than five times what the company […]
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Best Buy is selling an RTX 5080 for more than the RTX 5090’s MSRP Read More »
Amkor Technology reported record second quarter results on Monday. Revenue reached $1.9bn, up 26% on a year earlier, and net income more than tripled. Operating income roughly doubled to $200m. Earnings came in at $0.70 a diluted share, against $0.22. EBITDA reached $400m. The numbers matter less than what the company plans to do next. […]
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Amkor will spend up to $3bn this year, close to 40% of its revenue Read More »
Nvidia is working on a fresh round of AI infrastructure deals potentially worth more than $750 billion, Bloomberg reported, accelerating a pattern of investment that critics say inflates demand and valuations across the sector. The response from the debt market was unusually direct. Nvidia’s five-year credit default swap spread surged to a record 82 basis […]
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Nvidia announced $750bn of AI deals. Its own credit market flinched. Read More »
Taiwan’s investigation into smuggled AI hardware, which began with Super Micro and had spent months working through the island’s distributors, has now reached inside Nvidia itself. On July 28, prosecutors detained an Nvidia employee as part of the probe into whether restricted AI servers were being routed to China, Bloomberg first reported, the first time the […]
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Taiwan detains an Nvidia employee as its chip-smuggling probe reaches the chipmaker Read More »
For the better part of a fortnight, the tenant behind one of the largest data centre leases in Texas history existed only in the negative, described in Hut 8’s own filings as an “unnamed, investment-grade hyperscaler,” and now the Financial Times says the name is Nvidia. The FT reported citing five people familiar with the arrangement, that Nvidia is […]
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Nvidia is the mystery tenant behind Hut 8’s $50bn Texas data centre, FT reports Read More »
Nvidia is in talks to provide roughly $250 billion in financing guarantees for OpenAI, the Wall Street Journal reported on Sunday, citing people familiar with the matter. The backstop would let OpenAI lease a 10-gigawatt campus in southern Ohio that SoftBank’s energy subsidiary is developing. The reason such a guarantee is needed is straightforward: OpenAI […]
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