Artificial intelligence chip startup Groq Inc. is set to raise about $600 million in a new funding round that gives the company a roughly $6 billion valuation, according to people familiar with the talks.

The company calls itself a ‘pioneer’ of ultra-low-power chip solutions that can be used for edge AI, or processing data on smaller devices without cloud servers.

Palantir's share price continues rocketing higher. But Nvidia and Taiwan Semiconductor could be better buys right now.

President Trump is facing growing pushback on multiple fronts over his administration’s decision to allow Nvidia to sell its H20 chips to China, a move that critics argue could give Beijing a leg

Shares of chip firms have surged as enthusiasm for AI continues. But some strategists think investors should take a step back.

Rebellions has been working with Samsung to bring its second-generation artificial intelligence chip, called Rebel, to market.

All the major chip companies, such as Broadcom, Marvell, Nvidia, AMD, and Intel, have been using TSMC's fabrication plants to manufacture their AI chips. Moreover, the chips that go into AI-enabled smartphones are manufactured at TSMC's facilities since it counts the likes of Qualcomm and Apple as customers too.

Teradyne beat Wall Street estimates for second-quarter revenue on Tuesday, helped by steady demand for the company's semiconductor-testing equipment, sending its shares 3.5% higher in extended trading.

Chinese Premier Li Qiang has proposed establishing a world artificial intelligence cooperation organisation to coordinate governance of the fast-developing technology. Speaking at the opening of the World AI Conference on Saturday (Jul 26),

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