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Samsung reached a $1 trillion market valuation on Wednesday after shares surged more than 10%, making it only the second Asian company to cross the threshold after TSMC. The milestone follows a first-quarter earnings report showing profits eight times higher than a year earlier, driven overwhelmingly by AI-related chip demand. At the centre of the […]
TSMC backs renewables during record demand for energy-hungry chip manufacturing.
SoftBank-backed UK group says its first in-house semiconductor has drawn strong demand
AI chipmaker Cerebras Systems is moving toward a long-awaited public offering, planning to sell 28 million shares priced between $115 and $125, which would value the company at up to $26.6 billion — a significant jump from its $23 billion Series H valuation just months ago. The company’s Wafer-Scale Engine 3 chip targets AI inference workloads, claiming […]
AI chip maker Cerebras is heading for a blockbuster IPO that could value it at $26.6 billion or more. It's relationship with OpenAI is deep and rich.
