HSBC has raised its S&P 500 target as AI investments and strong tech earnings continue boosting Wall Street optimism.
Anthropic has reportedly committed $200 billion to Google Cloud and AI chip infrastructure as competition in generative AI intensifies.
Nvidia is expanding early-stage support for India’s AI startups, strengthening its role in the country’s growing artificial intelligence ecosystem.
ByteDance is exploring the development of an in-house AI processor and may partner with Samsung to strengthen its AI compute capabilities.
AI chip startup Positron has raised $230 million in Series B funding to scale development of inference-focused chips and compete in the fast-growing AI hardware market.
Intel shares slipped as the company warned of AI server chip supply constraints and a weaker financial outlook, highlighting the challenges of meeting surging demand for data-center hardware.
Marvell will acquire Celestial AI for 3.5 billion dollars to advance optical interconnects and scale next generation data centre connectivity for AI workloads.
Indian AI chipmaker SandLogic plans to raise $30–40M to expand AI hardware capabilities, signaling rising investor interest in India’s semiconductor ecosystem.
