GlobalFoundries acquires Advanced Micro Foundry, a Singapore-based silicon photonics foundry, for an undisclosed sum, and plans a new R&D center in Singapore
move makes chipmaker one of the largest silicon photonics manufacturers Amit Chowdhry / Pulse 2.0 : GlobalFoundries Acquiring Advanced Micro Foundry To Expand AI Infrastructure Capabilities Ovais Subh...
Intel CFO says the US deal aims to deter Intel from selling its foundry; it lets the US buy 5% more at $20/share if Intel's stake in the unit falls below 51%
until it didn't Mai Tao / Robotics & Automation News : US government takes 10 percent stake in Intel for $9 billion Ashley Belanger / Ars Technica : Intel details everything that could go wrong with U...
SK Hynix reports Q2 revenue up 35% YoY to ~$16.2B, vs. ~$14.9B est., operating profit up 68% to ~$6.7B, vs. ~$6.5B est., expects sustained HBM demand in 2025
2nd Update Evertiq AB : SK Hynix reports record jump in profit as demand for AI chips soars Jo He-rim / THE INVESTOR : SK hynix posts record quarterly profit on AI chip boom Chris Mellor / Blocks and ...
Sources: Uber is in talks with Travis Kalanick to help fund his acquisition of Pony.ai's US arm; Pony.ai has permits to operate robo taxis in the US and China
and Uber might help Natalie Lung / Bloomberg : Uber in Talks With Kalanick to Fund Pony.AI Bid, NYT Says Mike Isaac / The Straits Times : Uber in talks with founder to help buy US unit of China's self...
Micron plans to invest $7B over the next few years to expand its manufacturing footprint in Singapore, and broke ground on an HBM chip plant set to open in 2026
key to the AI boom—with a $7 billion Micron investment TechPowerUp : Micron Breaks Ground on New HBM Advanced Packaging Facility in Singapore TrendForce News : [News] Micron Kicks off Construction on ...
Q&A with Adam Mosseri on Threads' first year, not leaning into political content, driving engagement, focusing on real-time content, the fediverse, and more
and even Threads is warming to it Leo Grieco / Proactiveinvestors UK : Meta's Threads hits milestone but lags social media giants Sean Tilley / We Distribute : A Beginner's Guide to the Fediverse, for...
CES 2024 was all about “AI”, with many companies rebranding anything involving algorithms as AI and running the risk of overpromising to consumers
CES 2024 showed us how AI will truly benefit drivers Marty Swant / Digiday : AI Briefing: What marketing and tech experts noticed at CES 2024 Samsung Newsroom : [Video] [CES 2024] Samsung Showcases Fu...
Gaming company Razer sets IPO price range, could raise up to $545M at $4.55B valuation, plans to start trading in Hong Kong on November 13
Marissa Lee / The Straits Times :