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Nvidia’s Vera CPU is its side door back into China

Nvidia has started pitching its Vera CPU to Chinese customers. Orders can begin now, and deliveries could start as soon as August, Reuters reported on Friday, citing three people familiar with the talks. It is a workaround dressed as a product launch. Nvidia’s China business has collapsed under US export controls. Jensen Huang said in […]

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The US-Philippines AI hub now has a price tag, $10bn, and a 99-year lease on the table

The US-backed plan to build an AI and supply-chain hub in the Philippines now has a number attached: about $10bn in initial investment, with more to follow, according to the official leading the Philippine side. It also has a striking term on the table, a lease to the United States of up to 99 years. […]

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SK Hynix is planning a US listing of up to $14bn to cash in on the AI memory boom

SK Hynix is preparing to list in the United States in a deal that could raise as much as $14bn as soon as August, according to people familiar with the plan. The Korean memory maker has made a confidential filing for American depositary receipts, and the US Securities and Exchange Commission is expected to review […]

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US export controls are pushing China’s AI chip industry away from GPUs and toward custom silicon

China’s AI chip industry is no longer trying to build an Nvidia clone. Under sustained US export controls that block access to the most powerful general-purpose GPUs, the country’s largest technology companies are pivoting toward application-specific integrated circuits, custom chips designed to do one thing extremely well rather than handle any workload. The shift is […]

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