ASMPT revenue surges 49% YoY on AI hardware demand; semiconductor unit slightly misses analyst expectations
OpenAI to purchase Google chips as part of broader AI infrastructure build-out strategy
Move signals diversification away from Nvidia dependency amid sustained chip supply constraints for large-scale training.
Nvidia-backed Indonesian AI infrastructure firm Zankore syndicates $3.1B GPU loan to market
Zankore is raising debt to finance semiconductor buildout across Asia's AI infrastructure expansion.
China industrial profits post strongest growth in three months as tech boom widens economic divide
China's industrial profits grew at their strongest pace last month since June, as a boom in manufacturing tied to artificial intelligence of…
Anduril and Qualcomm launch BlueChip, an Arm-based laptop with 90% US/allied supplier content, targeting early 2027 delivery
Palmer Luckey aims to rebuild domestic semiconductor and computer manufacturing, moving beyond assembly to component production.
ASM International raises 2027 revenue outlook 24% on AI-driven chip equipment demand, reaching 2030 targets three years early
The Dutch equipment maker is accelerating growth as AI infrastructure buildout drives orders for semiconductor manufacturing tools.
European shares fall as HSBC slump and energy fears offset AI glow
European shares slipped on Tuesday, failing to track an overnight rally across Wall Street and Asian bourses sparked by artificial intellige…
Copper Prices Rise on Renewed AI Optimism
Copper futures climbed toward $6.55 per pound on Tuesday, recovering from multi-week lows as Anthropic's IPO filing reignited investor enthu…
Applied Materials increases stake in BE Semiconductor to ~20%, deepens AI chip equipment partnership
AMAT cited BE's role in energy-efficient AI computing as rationale for the strategic investment and expanded collaboration.