Amkor Technology said on Thursday it had entered a multi-year agreement with Nvidia worth $1.5 billion to expand advanced semiconductor packaging and test capacity in the US, as the chip industry races to build out AI infrastructure. Shares of the semiconductor packaging company jumped 17% in extended trading. Here are a few details on the … Read more
ASML, the largest maker of equipment used to manufacture computer chips, intends to offer employees a bonus worth €20,000 ($22,838.00) if they remain with the company between 2027 and 2030. The company confirmed the plan, first reported in Eindhovens Dagblad, on Monday in an emailed statement. ASML said terms of the conditional stock grant from … Read more
Meta Platforms plans to start manufacturing an artificial intelligence chip from September as part of its plan to boost overall computing power to 14 gigawatts next year, showed an internal memo reviewed by Reuters. The tech firm’s data center chip, code-named “Iris”, is part of a four-generation project for Meta Training and Inference Accelerators (MTIA) … Read more
Alphabet’s Google is in talks with Samsung Electronics to manufacture part of its next-generation chip, The Information reported on Thursday, citing two people familiar with the matter. Google plans for Taiwan’s TSMC to make the main part of the chip, codenamed ‘Icefish,’ while Samsung may produce a separate component that helps connect it to memory … Read more
Taiwan’s chipmaker TSMC, one of the world’s largest companies, reported a 58 percent jump in profit on Thursday for the January-March quarter, thanks to strong demand driven by the artificial intelligence boom, even as the Iran war was driving up costs. Taiwan Semiconductor Manufacturing Corp., a key supplier for Apple and Nvidia and the largest … Read more
