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Taiwan Semiconductor Manufacturing Company is the world’s largest contract chip maker. Photo: Reuters

TSMC’s third-quarter profit handily beats forecasts on AI boom

Asia’s most valuable publicly listed company saw profit jump 54 per cent last quarter.

China think tank suggests Nvidia chips for data centres to avoid transfer costs

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Foxconn builds world’s largest Nvidia superchip production facility in Mexico

iPhone maker Foxconn says EV business will need years to ramp up

It will probably take another five years for Hon Hai to fully utilise its production lines at an Ohio facility, EV head Jun Seki says.

Foxconn founder Terry Gou introduces an electric vehicle prototype during the company’s annual tech showcase event in Taipei in October 2022. Photo: AFP

Samsung apologises for weak results during AI chip boom

In a rare apology, the company vows to review its culture and processes to enhance competitiveness.

Tech war: China advocates use of local AI chips over those from Nvidia

AI chip users on the mainland have been informally advised to prioritise local alternatives, including those from Huawei, sources say.

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China claims breakthrough that could clear chip-design hurdle

A Wuhan-based lab has announced a ‘milestone’ that could help China overcome restraints imposed by traditional chip-design technology.

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A state-funded lab in China has announced a breakthrough in chip-design technology. Photo: Shutterstock

China Telecom say AI model with 1 trillion parameters trained with Chinese chips

The state-owned telecoms operator did not reveal what chips it used for its 1 trillion-parameter model, but it has a partnership with Huawei.

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Alibaba looks on course for a turnaround amid investor frenzy for Chinese stocks

The renewed positive market sentiment for Alibaba reflects its resilience after struggling in recent years.

My Take | Huawei shows China’s supply chain resilience amid tech sanctions, decoupling

Huawei’s 5G smartphone revival could well be the tip of the iceberg for the mainland’s supply chain transformation under US sanctions.

Huawei Technologies has made much progress in its tech self-sufficiency efforts in spite of US restrictions. Photo: Shutterstock

Alibaba, Nvidia collaborate on advanced autonomous-driving solution

This collaboration marks the first time Alibaba Cloud’s AI models get integrated into Nvidia’s Drive automotive platform.

Alibaba Cloud and Nvidia unveil a large multimodal model AI solution for automotive applications. Photos: Shutterstock

China’s AI start-ups eye fresh opportunities after OpenAI previews latest LLM

The ChatGPT creator’s new OpenAI o1 LLM is designed ‘to reason through complex tasks and solve harder problems than previous models’.

Huawei to step up AI ecosystem development despite US tech sanctions

‘In 2024 and over the next five years, Huawei will invest even more into ecosystem development,’ deputy chairman Eric Xu Zhijun said.

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US study finds China’s tech innovation ‘much stronger’ than understood

Performing best in nuclear power, EVs and batteries, mainland companies will ‘likely equal or surpass Western firms within a decade or so’.

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People visit a booth for Chinese battery manufacturing giant CATL at Automechanika, a leading trade fair for cars, in Frankfurt, Germany, on September 11. Photo: Xinhua

Microsoft and BlackRock aim for US$30 billion AI investment

The Global AI Infrastructure Investment Partnership, which also includes Nvidia, will invest in data storage and energy projects.

Microsoft has teamed up with BlackRock and other partners to invest in data centres and energy projects to support AI development. Photo: Reuters

OpenAI valuation to reach US$150 billion in latest fundraising round

The US start-up is also in talks to raise US$5 billion in debt from banks in the form of a revolving credit facility, a source says.

Malaysia scraps its loathed internet re-routing plan after public backlash

Insiders warn fallout from scrapped DNS policy could undermine government efforts to attract tech investments from major players like Nvidia.

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Nvidia, others pour US$50 million into AI search start-up You.com

The start-up’s total haul now stands at US$99 million amid rising competition in the AI-powered search market, especially from Google and Microsoft.

You.com’s latest fundraising comes as Big Tech firms race to develop their own AI-powered search products. Photo: Shutterstock

Nvidia subpoenaed by US Justice Department in escalating antitrust probe

The subpoena brings Nvidia closer to facing a formal complaint, which could focus on whether the AI chip maker makes it harder to switch suppliers.

Hong Kong electronics firm PC Partner seeks secondary listing in Singapore

Setting up a new headquarters in Singapore and a secondary listing in the city state form part of PC Partner’s expansion into Southeast Asia.

Nvidia, Apple in talks to join OpenAI’s new funding round

Nvidia has discussed investing about US$100 million, while Apple and Microsoft are also mulling participation, sources say.

Nvidia, Apple and Microsoft are in talks to join OpenAI’s latest funding round, sources say. Photo: Bloomberg

Intel director Lip-Bu Tan exits board of struggling chip maker

The move follows Intel’s disastrous quarterly report earlier this month amid competition with rivals like Nvidia and Advanced Micro Devices.

The Intel headquarters in Santa Clara, California. Photo: Getty Images via AFP

Chinese Robotaxi start-up WeRide delays US IPO on paperwork delay

The postponement complicates WeRide’s listing plan, as Beijing’s approval for the deal is set to expire at the end of this week.

China’s Black Myth: Wukong mania lifts sales of Sony’s PS5 gaming console

The hit action role-playing game has prompted an increase in consumer spending on the mainland for video-gaming hardware.

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AMD to buy server maker in US$4.9 billion challenge to Nvidia

AMD has its sights set on Nvidia, the runaway leader in the market for data centre gear needed to support AI computing.

An AMD logo seen on a computer. Photo: AP Photo

Apple supplier Foxconn sees revenue rising as AI server demand nudges profit up

Foxconn expects revenue to grow in the current quarter and for the rest of year, boosted by demand for AI servers used in data centres.

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Foxconn Technology Group’s net income in the June quarter reached US$1.1 billion, largely in line with analysts’ expectations. Photo: Shutterstock

Exclusive | Meet Yang Hongxia: the PolyU AI scientist who wants to change how LLMs are built

Yang Hongxia said she wants to change the existing resource-intensive process of training large language models into a decentralised, machine-learning paradigm.

Intel launches new chip to power Chinese carmakers’ in-vehicle AI initiatives

The company’s new Arc Graphics for Automotive discrete graphics processing unit is designed to power in-vehicle AI capabilities.

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Nvidia
Nvidia is one of the most valuable companies in the semiconductor industry. Founded by Taiwan-born American businessman Jensen Huang, it holds a near monopoly on graphics processing units used to train AI systems.
Chairman / President
Jensen Huang
CEO / Managing Director
Jensen Huang
CFO / Finance Director
Colette Kress
Industry
Semiconductors
Website
nvidia.com
Headquarters address
2788 San Tomas Expressway, Santa Clara, CA 95051, United States
Stock Code
NASDAQ:NVDA
Year founded
1993
last updated:
30 September, 2024
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