GoKawiil
Tech News
Chinese memory chipmaker CXMT told investors it is expanding its foothold in premium memory-chip segments, pointing to progress in smartphone and AI-related chip technologies as evidence. The company framed these advances as proof it is closing the gap with established global memory manufacturers.
Personal computer manufacturers are shipping fewer units but charging more per device, and the strategy is currently paying off financially. The shift is being driven by a shortage of memory chips, whose prices have surged due to massive demand from AI infrastructure buildouts.
Nvidia has agreed to acquire AI platform Hugging Face for roughly $12.9bn, one of its largest acquisitions to date. Hugging Face, used by over 18 million developers and hosting more than three million AI models, operates as a major hub for sharing open-source AI tools. Nvidia said the platform will remain open and won't require users to adopt its chips or services.
Nvidia's RTX Spark N1X chips, unveiled at Computex 2026 with several laptop partners, now have a firmer release window of October rather than a vague 'fall' target. The lineup includes a 20-CPU-core/6,144-GPU-core variant supporting up to 128GB unified memory for laptops and desktops, and an 18-core/5,120-GPU-core version limited to 32GB for laptops only. Nvidia has not disclosed pricing for either chip.
John Ternus, Apple's 25-year veteran and head of hardware since 2021, officially takes over as CEO from Tim Cook on Tuesday, making him only the second chief executive since Steve Jobs. Cook, 65, will remain with the company as executive chairman, engaging with global policymakers, while the 51-year-old Ternus inherits full responsibility for software, devices, finance and legal operations. The handoff comes as Apple faces pressure to prove its AI strategy and navigate rising memory component costs.
MediaTek stock jumped 10% on Tuesday following news that Nvidia will invest $3.5 billion in convertible bonds issued by the Taiwanese chipmaker. The deal deepens a partnership aimed at expanding MediaTek's presence in data center chips, extending a rally that has seen its shares nearly triple this year.
Anthropic has struck a $35 billion cloud infrastructure deal centered on a Texas data center, with Nvidia supplying the chips and holding the lease itself. The arrangement lets Nvidia use its balance sheet to underpin the buildout rather than Anthropic financing the hardware directly.
Nvidia is putting $3.5 billion into Taiwan's MediaTek, with the chipmaker agreeing to build custom AI silicon for cloud providers using Nvidia's NVLink Fusion technology. The arrangement lets those custom chips slot directly into Nvidia-based data centers, tying MediaTek's designs into Nvidia's broader hardware ecosystem.
The European Commission is preparing Chips Act 2.0 to fix flaws in its 2023 semiconductor strategy, which aimed for a 20 percent global production share by 2030 but is on track for only about 11.7 percent. The new plan will add demand-side measures like public procurement and industrial coordination to spur chip investment, even as the EU's own AI factories and data centers rely almost entirely on advanced processors designed in the U.S. and manufactured in Asia.
SK Hynix CEO Kwak Noh-jung said he sees no signs of oversupply in the memory chip market and expects the current shortage to persist until 2030, driven largely by AI-related demand for advanced memory like HBM. He made the comments as the company broke ground on a new chip packaging facility in Indiana, part of its broader US expansion tied to growing customer needs.
Chinese robotics firms are building humanoid and industrial robots using Nvidia's chips and simulation software, an area of AI hardware trade that remains largely permitted under current U.S. export rules. Nvidia has positioned itself as a key infrastructure provider for this 'physical AI' sector, supplying both computing power and development platforms to Chinese customers despite broader U.S.-China tech tensions.
Nvidia posted stronger-than-expected fiscal second-quarter results and issued a bullish forward outlook, reinforcing confidence that AI infrastructure spending remains robust. On the earnings call, Nvidia disclosed that Amazon will buy an additional 2 million of its GPUs in 2027 and 2028 even as it builds its own AI chips, and the strong report helped push the Nasdaq, S&P 500 and Dow to their best trading day since early August.