Anthropic Abandoned $7B MatX Acquisition in Favor of Partnership
Anthropic explored acquiring AI chip startup MatX at a valuation of roughly $7 billion before halting the process, with discussions since shifting toward a potential partnership.
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Meta plans to begin manufacturing its in-house Iris AI chip in September as it aims to double computing capacity to 14 gigawatts next year and cut its reliance on Nvidia.
Apple Commits Over $30 Billion to Broadcom for US-Made Chips
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Apple expanded its partnership with Broadcom in a multi-year deal worth more than $30 billion, its largest US manufacturing commitment, to produce over 15 billion American-made chips.
Magnificent 7 Sheds $2.3 Trillion in June on AI Spending Doubts
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South Korea Unveils $880 Billion Chip and AI Investment Drive
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ByteDance Builds Its Own AI Chips to Reduce Supplier Dependence
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ByteDance is developing its own CPUs to reduce dependence on external suppliers as rising demand for AI infrastructure strains global chip supply chains. The company is exploring both Arm and RISC-V architectures to support future AI and data center workloads.
Micron Surpasses $1 Trillion Valuation as AI Memory Chip Demand Surges
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Micron crossed a $1 trillion market valuation for the first time as booming demand for AI memory chips pushed shares to record highs amid the expanding AI infrastructure race.
AMD Commits $10 Billion to Taiwan AI Chip Ecosystem
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AMD will invest more than $10 billion across Taiwan’s semiconductor ecosystem to strengthen AI chip manufacturing and packaging technologies. The move supports deployment of the company’s next-generation Helios AI server platform in 2026.
Cerebras Shares Fall 10% After Record AI Chip IPO Debut
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Cerebras Systems completed the largest U.S. tech IPO since Uber, raising $5.55 billion as investors bet on alternative AI chip architectures. The company’s wafer-scale processors are positioned as faster inference systems than traditional GPU-based infrastructure.
45,000 Samsung Workers Threaten Strike Amid AI Chip Bonus Clash
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More than 45,000 Samsung workers are threatening an 18-day strike over bonus disparities tied to the AI chip boom. The dispute risks disrupting global semiconductor supply chains and deepening tensions inside Samsung’s chip business.
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The U.S. approved several Chinese companies to buy Nvidia’s H200 AI chips, but deliveries remain stalled amid political pressure and security concerns in both Washington and Beijing.
SoftBank Injects $457 Million Into British AI Chipmaker
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SoftBank has invested more than $450 million into Graphcore as the Japanese technology group expands its AI infrastructure and semiconductor ambitions. The funding follows SoftBank’s acquisition of the British AI chip company in 2024.