Industry

Nvidia struggles with fab capacity and China sales despite a blowout quarter

Nvidia faces uncertainty and anticipates a negative long-term impact on its China business due to export controls, with an unclear magnitude of the effect.

China clears Broadcom’s $69B VMware acquisition, allowing deal to close

Five days before the two companies’ merger agreement was due to expire, the deal has passed its final regulatory hurdle.

ASML boosts chip manufacturing capacity to meet global demand

The Dutch manufacturer of ultraviolet and deep ultraviolet technology has said it will spend over $100 million a year to increase its production and development capacity.

Alibaba scraps plans to hive off cloud business amid growing chip uncertainties

The unexpected decision to abandon plans to hive off the cloud computing business led to a $20 billion decline in Alibaba Group’s market value on Friday, as its shares fell 10% in Hong Kong.

The Marketplace Requirement for a Secure SD-WAN

Nvidia planning 3 GPUs for sale in China to circumvent US restrictions: Reports

The chipmaker could be trying to circumvent US restrictions that aim to prevent Chinese companies from stringing together lesser-powered GPUs to build compute capacity for AI-based workloads.

Japanese government pledges further $13.3B to shore up domestic chip sector

At the tail end of a year that has seen significant investments funnel into Japan’s semiconductor industry, the government has announced further funding to bolster its manufacturing and R&D efforts.

VMware enlists Intel, IBM watsonx for private AI initiative

VMware’s do-it-yourself private AI program has two new partners, offering users more options for in-house generative AI training and deployments.

Splunk cuts 7% of workforce ahead of Cisco acquisition

The layoffs are happening in the wake of a market retraction, Splunk CEO Gary Steele said.

AMD to acquire Nod.ai to boost open source AI software capabilities

The acquisition is expected to help AMD compete better against chipmaker Nvidia.