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Meta will begin manufacturing its custom AI chip, codenamed Iris, in September as part of a plan to boost computing power to 14 gigawatts by 2027. Built with Broadcom and TSMC, the chip is designed for i
SK Hynix's American Depositary Receipts opened 14 percent above their offering price in their Nasdaq debut, following a $26.5 billion offering that marked the largest-ever U.S. listing by a foreign compa
Three major capital signals indicate the AI investment cycle is shifting from capital expenditure to ROI accountability: Nvidia announced an $80 billion share repurchase program leveraging $119B in trail
Global financial markets opened with renewed pressure on AI-related semiconductor companies as investors rotate capital into defensive sectors. Although long-term AI investment remains strong, short-term
Explosive AI data-center demand is driving a historic wave of mergers and acquisitions in the U.S. utility industry. Deloitte estimates approximately $204 billion in power-sector deals during the first f
Qualcomm has agreed to acquire AI software startup Modular in a deal valued at roughly $4 billion, marking one of the largest AI software acquisitions in recent history. The move positions Qualcomm to co
