Micron just booked $54.23 billion in a single quarter, up 379% year over year, as AI's hunger for high-bandwidth memory turns a commodity-chip maker into one of the most profitable hardware businesses on Earth.
AMD is paying $8.2 billion in stock for Fei-Fei Li's World Labs — a ~40-person, two-year-old startup — to buy its way into spatial AI and take a swing at Nvidia.
SiMa.ai raised $150M at a $1.45B valuation to run AI on-board robots, drones, and cars — betting the next chip war happens outside the data center.
Qualcomm's Snapdragon 8 Elite Gen 6 is the first phone chip to hit 5.0 GHz, built on 2nm — and Qualcomm split the flagship into two, locking the local AI behind the pricier Extreme.
AMD's market value pushed past $1 trillion for the first time as AI chip demand — and warrant deals with OpenAI and Meta — sent the stock up nearly 10%.
Nvidia is paying $12.93 billion for Hugging Face, the 'GitHub of AI' — its largest acquisition ever, at roughly 86 times revenue. Inside the biggest check in the company's history.
Tencent-backed Enflame raised $911 million, then opened 188% higher on its Shanghai debut — closing near $25.5 billion despite holding just 1.7% of China's AI chip market.
Reno chip startup Positron just raised $875 million at a $5 billion valuation on a bet against high-bandwidth memory the priciest, scarcest part of an AI chip.
Broadcom sold $16.7B of custom AI chips in one quarter, up 221%, with Google, Anthropic and OpenAI on the roster. So why did the stock fall?
Google's custom-chip deal could hand Marvell up to $120 billion in revenue. So why did the stock drop 7% on record earnings? The payoff doesn't land until fiscal 2029.
AMD is buying Toronto startup Taalas, which etches AI model weights directly into silicon. Its first test chip ran Llama 3.1 8B at 16,960 tokens/sec — about 48x a GPU.
Etched, a transformer-only AI chip startup, just doubled to a $21 billion valuation on a $700M round led by Jane Street — with $1B in booked orders and one very concentrated bet.
