TSMC Reports October Monthly Revenue Jump of 29.2% YoY

HSINCHU, Taiwan, R.O.C. – Nov. 8, 2024 – TSMC (TWSE: 2330, NYSE: TSM) today announced its net revenue for October 2024: On a consolidated basis, revenue for October 2024 was approximately NT$314.24 billion, an increase of 24.8 percent from September 2024 and an increase of 29.2 percent from October 2023. Revenue for January through October […]

Optical I/O: Celestial AI Acquires Rockley Photonics Portfolio

SANTA CLARA, Calif. – October 23, 2024 – Photonic fabric company Celestial AI today announced the acquisition of silicon photonics intellectual property from Rockley Photonics (Rockley), including worldwide issued and pending patents. Celestial said the combination results in one of the strongest IP portfolios in the field of silicon photonics for optical compute interconnect, bringing their […]

Altair Announces Aerospace Collaboration with Motivo

TROY, Mich., October 15, 2024 – Altair (Nasdaq: ALTR) announced a collaboration with Motivo, a product engineering firm focused on translating forward-thinking visions into best-in-class products for clients in the mobility, energy, agriculture technology and aerospace sectors. Motivo utilizes Altair’s combination of engineering consulting and software to drive innovation for organizations in the aerospace industry. “We are […]

Aramco and Cerebras Sign AI MoU

SUNNYVALE, Calif. & RIYADH, Saudi Arabia – Cerebras Systems today announced the signing of a memorandum of understanding with Aramco under which they aim to bring high performance AI inference to industries, universities, and enterprises in Saudi Arabia. Aramco plans to build, train and deploy large language models using Cerebras’ CS-3 systems. Aramco’s new high-performance […]

TSMC Reports Second Quarter YoY Revenue Jump of 40%, Income up 36%

HSINCHU, Taiwan, R.O.C., Jul. 18, 2024 — TSMC (TWSE: 2330, NYSE: TSM) today announced consolidated revenue of NT$673.51 billion, net income of NT$247.85 billion, and diluted earnings per share of NT$9.56 (US$1.48 per ADR unit) for the second quarter ended June 30. Year-over-year, second quarter revenue increased 40.1 percent while net income and diluted EPS […]

U.S. in Preliminary $400M Deal with GlobalWafers to Build 300mm Silicon Wafer Fabs

The U.S. Department of Commerce yesterday announced a proposed $400 million CHIPS + Science Act investment to build what the agency said would be the first domestic fab for 300mm silicon wafers and expand ….

SMART Global Holdings to Become Penguin Solutions

NEW YORK – July 16, 2024 – Today, at its Nasdaq MarketSite Analyst Day event, SMART Global Holdings, Inc. (“SGH”) (NASDAQ: SGH) announced its intention to become Penguin Solutions, Inc. This rebranding is a continuation of the company’s transformation over the past several years and reflects its focus on delivering leading-edge solutions that solve the complexity of AI. […]

HPE-Nvidia 6 AI Exaflops Supercomputer to Be Installed at AIST Research Organization in Japan

Japan’s National Institute of Advanced Industrial Science and Technology (AIST) research organization will integrate thousands of Nvidia H200 Tensor Core GPUs into its HPE-Cray ….

AMD in $665M Acquisition of Silo AI

AMD announced it will acquire Helsinki-based Silo AI, which AMD said is the largest private AI lab in Europe, in an all-cash transaction valued at approximately $665 million. AMD said the acquisition is part of its efforts to deliver end-to-end AI solutions based on open ….

Altair to Acquire EDA Company Metrics Design Automation

TROY, Mich., July 1, 2024 – Altair (Nasdaq: ALTR) announced it has agred to acquire the outstanding capital stock of Metrics Design Automation Inc. (Metrics), a Canadian company with a simulation as a service (SaaS) business model for semiconductor electronic functional simulation and design verification. Closing of the transaction is subject to customary conditions.  The Metrics […]