Monthly Archives: August 2024

[News] AMD’s USD 4.9 Billion Acquisition of ZT Systems Signals a Challenge to NVIDIA’s Dominance

On August 19, AMD announced its acquisition of ZT Systems, a cloud computing and AI data center equipment designer, for a total value of USD 4.9 billion. This move is intended to strengthen AMD’s AI computing capabilities, while hinting at …

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[News] TI to Receive USD 1.6 Billion Funding for Building Three 300mm Fabs

On August 16, the U.S. government announced a preliminary agreement with Texas Instruments (TI) to propose up to USD 1.6 billion in direct funding through the CHIPS and Science Act to support three 300mm semiconductor wafer fabrication plants (Fabs) under …

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[News] India’s First AI Chip, Developed by Ola, Reportedly to Hit the Market by 2026

As global competition heats up in the AI sector, an emerging power has now joining the battlefield. Ola, an automotive manufacturer in India, plans to launch the country’s first in-house AI chip by 2026, which is based on ARM architecture, …

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[News] China’s Antimony Export Restrictions Starting in Mid-September Reportedly Cause Prices to Skyrocket

On August 15, China’s Ministry of Commerce announced restrictions on the export of the strategic mineral antimony for national security reasons, set to take effect on September 15, 2024. According to sources cited by the Commercial Times, the market price of …

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[News] South Korea’s AI Chip Startups Sapeon and Rebellions to Merge

As per a report from Reuters, South Korea’s SK Telecom-backed AI chip startup Sapeon Korea and KT-invested startup Rebellions have officially announced their merger. The combined entity is expected to be established by the end of 2024, with the merger …

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