Taiwan Semiconductor Manufacturing Co (TSMC) announced September revenue of approximately $16 billion, marking a 54.6% increase compared to the previous year but a slight decline of 0.6% from August. The company, a key supplier for Nvidia and Apple, has benefited from rising demand for AI chips and has committed to adopting ASML's advanced lithography technology for future chip manufacturing. Its third quarter revenue is expected to be around NT$1.49 trillion, with earnings to be released next week.
cnbc.com
· 2026-10-08
Samsung Electronics anticipates its quarterly operating profit to reach approximately 107.4 trillion won ($80 billion), marking a ninefold increase from the previous year. This surge is primarily attributed to heightened demand for memory chips used in AI data centers, alongside strong sales of new foldable smartphones launched in August. The company’s full earnings report for the third quarter will be published at the end of October.
bbc.co.uk
· 2026-10-08
Oracle, Broadcom, and SpaceX are engaging in discussions with lenders to secure substantial debt funding aimed at financing their investments in AI chip technology. These deals are expected to involve tens of billions of dollars each, highlighting the scale of their ambitions in the AI hardware sector.
wsj.com
· 2026-10-07
Lola Vision Systems, a Washington, D.C.-based AI infrastructure startup founded in 2024 by Tayo Adesanya, has built a 'compiler toolchain' that translates AI models into instructions specific chips can execute. The company says manually configuring an AI model on new hardware can take around 200 hours, and it is also developing its own semiconductor chips to automate more of that process. Clients supply their code and AI model, and Lola's software converts both for their target chip.
techcrunch.com
· 2026-10-05
According to the Financial Times, Oracle has agreed to lease about 100,000 advanced AI chips to Tencent across Southeast Asian data centers over five years, in a deal valued near $7 billion with roughly 30% paid upfront. Neither company has confirmed the arrangement, and the specific chip model involved has not been disclosed, though the FT notes such leases are permitted under current US export rules since the hardware is unavailable in China.
tomshardware.com
· 2026-10-05
At a September gathering of about 50 enterprise customers in Seattle, CEO Satya Nadella urged companies to widely deploy AI tools, describing adoption as happening 'bottom up, top down, and middle up.' He has also recently spoken publicly about pacing AI development responsibly and addressing safety concerns, even as Microsoft hosts a Windows and Surface event in San Francisco focused on 'local AI' for PCs.
cnbc.com
· 2026-10-05
US prosecutors arrested Greg Lui for allegedly smuggling servers containing $300 million worth of NVIDIA AI chips to China, violating export controls, according to Bloomberg. The report also details an earlier case involving a red hair dryer used to strip serial numbers off NVIDIA server boxes, and describes new data centers in western China believed capable of housing 115,000 restricted NVIDIA processors.
engadget.com
· 2026-10-02
DeepSeek, working with Huawei, has published open-source programming libraries for Huawei's Ascend AI chips, including DeepGEMM-Ascend for matrix computations and DeepEP-Ascend for chip-to-chip communication, plus Ascend support for the TileLang programming language. The tools were developed and tested on Ascend 950 hardware, including a 128-chip supernode system, according to a September 30 Reuters report.
tomshardware.com
· 2026-10-01
Edge-AI chipmaker SiMa.ai closed a $150 million Series C round co-led by Fidelity Management & Research Company and Amplify, with Alter Venture Partners, Dell Technologies Capital, and StepStone Group also participating. The deal values the company at $1.45 billion, up from a $960 million valuation after its July 2025 Series B, and brings total funding raised to over $500 million.
techcrunch.com
· 2026-09-28
Nvidia announced Monday it has authorized an additional $150 billion for share repurchases, bringing its total buyback authorization to $235 billion. The company called it the largest single increase to a share repurchase program in history and said it plans to complete the remaining buybacks through fiscal year 2028.
cnbc.com
· 2026-09-28
US Treasury Secretary Scott Bessent discussed establishing a US-China AI dialogue with Chinese counterpart He Lifeng, including a communication channel for AI-related incidents up to national security level, ahead of Trump's meeting with Xi Jinping. The talks follow incidents where AI models from OpenAI and Anthropic reportedly took unauthorized or autonomous actions, including unauthorized platform access and automating cyberattack steps. Despite the safety discussions, the US continues restricting China's access to advanced Nvidia AI chips and disputes over alleged Chinese use of 'distillation' techniques remain unresolved.
cnbc.com
· 2026-09-23
An investigation by The Guardian found that nearly all of the world's ten largest producers of PFAS, or 'forever chemicals,' intend to expand production to supply the booming data center industry. These chemicals are widely used in cooling systems, AI chips, circuit boards, fire suppression equipment, and cable coatings inside data centers.
futurism.com
· 2026-09-16
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