GoKawiil
Tech News
Nvidia CEO Jensen Huang told Yahoo Finance at GTC Berlin that the company's AI accelerators can stay productive for eight years or more, far outlasting the traditional four-year GPU lifecycle. He said lending against Nvidia hardware carries 'the lowest' risk of any asset because the chips hold strong resale and reuse value across different customers and workloads.
AMD's CEO Lisa Su is visiting South Korea to negotiate additional HBM memory supply for AI hardware, following a recent memorandum of understanding with Samsung. Samsung is also interested in broadening its collaboration with AMD to include foundry manufacturing and other semiconductor technologies. The discussions highlight ongoing efforts to secure long-term supply chains amid rising AI demand.
Micron reported fiscal fourth-quarter revenue of $54.23 billion, up 379% year-over-year and ahead of the $51.07 billion analysts expected, with adjusted earnings per share of $33.42 versus a $31.61 forecast. The company said tight supply conditions for memory chips, driven by AI demand, should persist and even intensify into fiscal 2027.
Biren Technology reported first-half 2026 revenue of $183.9 million, up nearly 2,000% year-over-year, as Chinese buyers shifted to domestic AI accelerators after Nvidia halted GPU shipments to China under US export controls. Despite the revenue jump and a 42.7% gross margin, Biren posted a $56.2 million loss due to heavy investment in new chips, software, and rack-scale systems.
Ajinomoto build-up film, the insulating material used in nearly every high-end CPU, GPU, and AI accelerator package, is supplied almost entirely by one Japanese company that controls over 95% of the global market. As AI data centers scale into the gigawatt era with millions of accelerators needed, this narrow supply chain of substrate makers and a single film source is becoming a critical constraint on chip production.
Nvidia has agreed to acquire Hugging Face, the widely used open AI model distribution platform, for $12.93 billion. Hugging Face will keep its brand and remain open to third-party models, clouds, and hardware, according to Nvidia.
Nvidia reported revenue of $96.22 billion for the quarter ending July 2026, beating Wall Street's $91.90 billion estimate, with net income more than doubling to $53.95 billion. The company guided for roughly $108 billion in the current quarter and forecast about 70% revenue growth in fiscal 2028, well above the 45% analysts had projected. Shares rose over 7% after CFO Colette Kress said customer forecasts point to growth doubling next year, while CEO Jensen Huang confirmed the next-gen Vera Rubin chip is now in production.