Tesla Signs $16.5B Deal for Samsung AI Chips
Tesla has executed a $16.5 billion agreement with Samsung to acquire its forthcoming AI Chips Elon Musk announced on X late Sunday evening…
Nvidia Stock Jumps as China AI Chip Sales Resume
The chipmaker’s announcement that it will resume sales of its AI processors in China resulted in a significant increase in…
Intel to Cut 15% of Jobs, Suspend Dividend
As part of the turnaround of its money-losing manufacturing sector, Intel announced on Thursday that it would cut 17,500 jobs and suspend its…
AMD Data Center Sales More Than Double Yearly
Advanced Micro Devices reported Q2 earnings, with over $1 billion in MI300 chip sales and a 115% annual increase in data center business, as…
Musk Orders Nvidia Ship Tesla AI Chips to X And xAI
CNBC reported Tuesday that Tesla CEO Elon Musk urged Nvidia to prioritize AI processor shipments to X and xAI above the electric-vehicle maker…