chips

A European Commission official stated on Wednesday that the European Chips Act is on its way to help lure over 100 billion euros ($108.41 billion) worth of private investment into the European semiconductor industry by 2030.

May 22, 2024

Tech

European Chips Act promises major investments

Samsung Electronics has substituted the chief of its semiconductor division to crush a "chip crisis" amid a thriving market for AI chips where the planet's biggest memory chipmaker has dragged its peers.

May 21, 2024

Tech

Samsung appoints Young Hyun Jun

On Thursday, Lambda, the forte artificial intelligence cloud provider, said it had booked a $500 million loan from lenders, including Macquarie Group's much-coveted chips as collateral.

April 5, 2024

Tech

Lambda secures $500m loan using Nvidia chips as collateral

On Friday, The Biden administration changed rules to make it more difficult for China to access U.S. artificial intelligence (AI) chips and chipmaking devices. This action was part of a larger strategy to hobble Beijing's chipmaking industry over national security matters.

March 30, 2024

Tech

Washington’s crackdown on advanced AI chips to China

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