SK Hynix raises $26.5B in the biggest foreign IPO in US history, is urged to build new US fabs
The AI chip boom just produced its biggest Wall Street moment yet. Now SK Hynix and Samsung are being asked to build U.S. factories.
semiconductors
Meta’s new AI chips will begin production in September
The company is taking a modular approach to designing these chips, anticipating that their needs will change as AI evolves rapidly by the time the chips are in production.
OpenAI unveils its first custom chip, built by Broadcom
Named Jalapeño, the new processor was designed specifically for the unique needs of OpenAI’s inference systems.
SpaceX may spend up to $119B on ‘Terafab’ chip factory in Texas
The project would be a “multi-phase, next-generation, vertically integrated semiconductor manufacturing and advanced computing fabrication facility,” according to the proposal.
EXCLUSIVE: Positron raises $230M Series B to take on Nvidia’s AI chips
The investment comes from backers including the Qatar Investment Authority as demand for chips beyond Nvidia soars and as Qatar aims to build out its AI infrastructure.
Taiwan to invest $250B in US semiconductor manufacturing
The U.S. struck a trade deal with Taiwan as the country looks to help boost domestic semiconductor manufacturing.
Nvidia’s $2B Synopsys bet tightens its grip on the chip-design stack
The $2 billion investment in Synopsys, which makes software and components for designing semiconductor chips, deepens their existing partnership at a time when analysts scrutinize circular AI-industry deals and warn of a potential bubble.
Meta partners up with Arm to scale AI efforts
Semiconductor firm Arm is partnering with Meta to enhance the social media company’s AI systems amid an unprecedented infrastructure buildout.
Intel’s chief executive of products departs among other leadership changes
Intel also announced the creation of a central engineering group that will build custom chips for outside customers.
US government is reportedly in discussions to take stake in Intel
This deal would be meant to help Intel bulk up its U.S. chip manufacturing, including its much-delayed Ohio factory.