The semiconductor industry has received a big boost from the growing demand for artificial intelligence (AI) applications. That’s not surprising, as training AI models in data centers wouldn’t be possible without the processing power of semiconductors, which explains why companies in this sector have soared impressively over the past year or so. Nvidia, for instance, …
Seoul, April 19, 2024 – Memory company SK hynix Inc. announced today a memorandum of understanding with TSMC to produce next-generation HBM and enhance logic and HBM integration through advanced packaging technology. The company plans to proceed with the development of HBM4, or the sixth generation of the HBM family, slated to be mass produced …
Hardware is emerging as a key AI growth area. For Big Tech companies with the money and talent to do so, developing in-house chips helps reduce dependence on outside designers such as Nvidia and Intel while also allowing firms to tailor their hardware specifically to their own AI models, boosting performance and saving on energy …
When it comes to investing in artificial intelligence (AI), it may seem like Nvidia is the main focus of investors. The company has muscled its way into the “Magnificent Seven” as it claims between 80% and 95% of the AI chip market. However, Nvidia has also grown to a price-to-sales (P/S) ratio of 36, leading …
Demand for artificial intelligence (AI) solutions is set to skyrocket in the coming years. The global AI market will exceed a staggering $1.8 trillion by 2030, according to Statista. Image source: Statista. The businesses that supply the products and services that fuel the AI megatrend are likely to see their profits soar. Here are two …
(Bloomberg) — Taiwan Semiconductor Manufacturing Co.’s revenue rose 9.4% in 2024’s first two months, riding a wave of global AI development that’s helping offset potential fallout from slowing iPhone sales. Most Read from Bloomberg Asia’s largest company reported sales of NT$397.4 billion ($12.6 billion) from January to February. That’s despite signs that Apple Inc., which …
Intel (NASDAQ: INTC) stock was gaining ground in Tuesday’s trading, bucking a trend that was impacting artificial intelligence (AI) stocks. The semiconductor company’s share price was up 2.1% as of 3:13 p.m. ET, according to data from S&P Global Market Intelligence. Meanwhile, Nvidia was down 4.4%, and AMD was down 4.9%. After the market closed …