SK Hynix announced plans to invest approximately $12.85 billion in a new semiconductor facility in South Korea, aiming to meet rapidly growing global demand for artificial intelligence (AI) memory chips.

The next chapter for Apple will be defined by its ability to turn artificial intelligence into a true growth engine, as leadership shifts to John Ternus.

Shares in Chinese tech firm Victory Giant Technology Huizhou, a supplier to US chip giant Nvidia, surged almost 60 percent on their Hong Kong debut on Tuesday after the company raised more than US$2 billion in the city’s largest listing so far this year.

Microsoft is now leasing a data center site in Norway that was originally associated with OpenAI's Stargate project.

U.S. Senator Elizabeth Warren has raised concerns over Nvidia’s acquisition of SchedMD, the developer behind the widely used Slurm software that powers many of the world’s supercomputers.

Taiwan Semiconductor Manufacturing Company is on track to deliver its fourth consecutive quarter of record-breaking profit, driven by explosive global demand for artificial intelligence chips.

SiFive, a company founded in 2015 by the UC Berkeley engineers who created an open source chip design, has landed a $400 million oversubscribed round that values the company at $3.65 billion.

Silicon Valley chip design company SiFive has raised $400 million in new funding from investors including NVIDIA Corporation and Atreides Management, as it moves to expand into the fast-growing data center processor market.

AI startup Aria Networks has raised $125 million in its first funding round, aiming to expand its infrastructure as demand for artificial intelligence continues to surge.

Australian data center builder Firmus Technologies Pty has raised $505 million in an investment round led by Coatue Management LLC, as part of a global push to finance artificial intelligence infrastructure.