SoftBank Group's Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products in 2025, Nikkei Asia reported on Sunday. UK-based Arm will set up an AI chip division and aim to build a prototype by spring 2025, the report said. Mass production will be handled by contract manufacturers and is expected to start in the autumn of 2025, Nikkei Asia said. Arm will pay for initial development costs, which may total hundreds of billions of yen, with SoftBank also...
(Bloomberg) -- SoftBank Group Corp. reported its second straight quarter of profitability as the Japanese tech investor benefited from an artificial intelligence investment boom that has buoyed assets like Arm Holdings Plc. Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindPutin Names Economist as Defense Minister in Surprise ReshuffleChina to Start $138 Billion Bond Sale on Friday to Boost EconomyGlobal Chips Battle Intensifies With $81 Billion Subsidy...
Generative AI could drive rural data center and broadband growth, according to a new report from CoBank Knowledge Exchange. Data centers traditionally have been built in urban areas, where there is plenty of power and broadband connectivity. But according to
The artificial intelligence wave constricts high-bandwidth memory chip supplies of two of the world's largest suppliers.
Ahmedabad-based Infibeam Avenues, which runs CCAvenue payment gateway and BuildaBazaar enterprise software solution, has reported a 61% jump in its consolidated operational revenue for 2023-24 to Rs 3,171 crore from Rs 1,962 crore in FY23. Its profit after tax jumped 55% to Rs 147 crore from Rs 94.6 crore.For the entire business that counts the domestic payment business, international payments and businesses from its subsidiary entities, the overall payment value settled by the platform stood at...
UK-based Arm, one of the world’s key players in the chip market, is reportedly planning to expand into the development of AI chips. Arm designs the building architecture for chips (mainly) in consumer electronics, which it licenses to semiconductor giants such as Qualcomm and Nvidia. The company claims that its technology is powering 99% of premium smartphones on the market. Japanese SoftBank Group holds a 90% stake in the chip designer.The move towards AI chips is part of SoftBank's...
The U.K.-based chip designer, in which SoftBank has a 90% stake, will set up an AI chip unit to build a prototype by spring 2025, according to the report.
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. saw April sales jump 60% to NT$236 billion ($7.3 billion) as sustained artificial intelligence demand was helped by the beginnings of a recovery in consumer electronics.Most Read from BloombergBiden Set to Hit China EVs, Strategic Sectors With TariffsAckman Scolded Over DEI Views at Closed-Door Milken SessionApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVNovavax Soars on $1.2 Billion Sanofi Vaccine Licensing DealMarjorie Taylor
According to analysts from market research firm TrendForce, high-bandwidth memory (HBM) prices are expected to rise 5-10 percent in 2025 due to exceptionally high demand from the AI sector, leading to a price increase for other types of DRAM. Unfortunately for PC builders, this will also affect the DDR5 market,Read Entire Article
The firm aims "to strengthen its competitiveness amid an uncertain global business environment," Samsung Electronics said.
PaLM AI (PALM) traded up 13.7% against the dollar during the 24 hour period ending at 17:00 PM ET on May 15th. PaLM AI has a market cap of $74.53 million and $1.95 million worth of PaLM AI was traded on exchanges in the last 24 hours. One PaLM AI token can now be bought […]
SK Hynix and Micron – the world's largest memory chip suppliers – are out of high-bandwidth memory chips for 2024, while the stock for 2025 is also almost sold out.