AI chips

Samsung to use chip-making tech favoured by SK Hynix as AI race heats up, sources say

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Samsung Electronics plans to use a chip making technology championed by rival SK Hynix, five people said, as the world’s top memory chip maker seeks to catch up in the race to produce high-end chips used to power artificial intelligence (AI). The demand for high bandwidth memory (HBM) chips has boomed with the growing popularity … Read more

Nvidia: Nvidia shares surge 15%, set off rally on Wall Street

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New York: The benchmark S&P 500 index hit a fresh record high on Thursday after a blowout revenue forecast from AI darling Nvidia boosted investor confidence in the sector and sparked a rally in growth and technology stocks. Nvidia’s shares surged 15.2% after the chip designer forecast a roughly three-fold surge in first-quarter revenue on … Read more