Breaking news and updates from the world of technology.
The world's fourth-largest DRAM maker raised $8.6 billion in Asia's biggest IPO of 2026, as markets bet heavily on China's push for semiconductor self-reliance.
SK Group and NVIDIA announced a partnership worth more than $500 billion covering a 2-gigawatt AI factory in South Korea and a long-term deal that gives SK Hynix roughly 70% of NVIDIA's HBM4 allocation for its Vera Rubin platform.
Samsung Electronics and Broadcom signed a memorandum of understanding at San Francisco's AI Summit covering HBM memory supply and 2-nanometer foundry manufacturing through 2030, as both companies race to meet surging AI accelerator demand.
Microchip Technology has agreed to buy Israeli edge AI chip maker Hailo, adding processors purpose-built for robotics, drones, and intelligent cameras to its embedded solutions lineup.
At Advancing AI 2026 in San Francisco, AMD detailed its Helios rack-scale AI system built on MI455X GPUs and 2nm EPYC Venice CPUs, alongside gigawatt-scale commitments from Meta, OpenAI, Anthropic, and a 50,000-GPU Oracle supercluster. CEO Lisa Su pegged the AI silicon market at $1.4 trillion by 2030.
OpenAI unveiled a 3.2-gigawatt campus in Effingham County, Georgia — the first data center it is designing and building itself rather than leasing through a partner. Power comes online in phases from 2028 through 2032.
Google is developing 'Frozen v2,' a server chip that hardwires Gemini's model architecture directly into transistors, targeting 6 to 10 times more AI tokens per watt than its current TPUs. The Information reports the chip traces back to an idea from Google DeepMind chief scientist Jeff Dean.
Taiwan Semiconductor Manufacturing Co. reported June revenue of NT$398.27 billion, up 67.9% year-over-year, with first-half 2026 revenue up 35.6% as demand for advanced AI processors continues to exceed the company's production capacity.
An internal memo reviewed by Reuters confirms Meta's custom Iris accelerator passed testing with no major issues and will begin production in September, as the company races to double its AI computing capacity to 14 gigawatts by 2027 and launches a new cloud business to sell surplus capacity.
Micron is accelerating construction at its Clay, New York site — a full quarter ahead of schedule — as it pushes total US semiconductor investment up from $200 billion to more than $250 billion.
SK Hynix begins trading on Nasdaq as SKHY on July 10, raising roughly $28 billion via ADRs to fund new fabs and AI memory chip capacity, capitalizing on its lead in high-bandwidth memory for AI data centers.
President Lee Jae-myung unveiled a sweeping plan combining $520 billion in new chip fabs from Samsung and SK Hynix with $650 billion in AI data center buildout — the largest single-country technology commitment ever announced.