AMD CEO Lisa Su The Nasdaq hit a record closing high on Monday, lifted by gains in AMD and other AI heavyweights, while falling oil prices and long-dated US treasury yields also boosted risk sentiment. Chip stocks rallied, with Intel and ARM Holdings surging more than 12% and the PHLX semiconductor index jumping 4.3%. AMD…
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc., displays an AMD Instinct MI455X GPU during the 2026 CES event in Las Vegas, Jan. 5, 2026. Bloomberg | Bloomberg | Getty Images A week after Meta committed to using millions of Nvidia’s processors to power its AI expansion, the social media company…
Microsoft appears to be targeting a 2027 launch for its next-generation Xbox console, according to comments made by AMD CEO Lisa Su during a recent earnings call. While discussing the semiconductor giant’s hardware pipeline, Su noted that Valve is on track to ship its new AMD-powered Steam Machine early this year, while Microsoft’s development of…
Uniphore, the Business AI company, today announced the close of its $260 million Series F round. NVIDIA, AMD, Snowflake, and Databricks invested in the round and were joined by financial and sovereign investors including NEA, March Capital, BNF Capital, National Grid Partners, and Prosperity7 Ventures. The new capital will accelerate innovation on its AI and…
Sony’s next console, presumably the PlayStation 6, is confirmed to be “a few years time” away, according to Mark Cerny, the lead architect for the PS5 and PS5 Pro. In a joint YouTube video, Cerny and Jack Huynh, SVP and GM of AMD’s computing and graphics group, revealed co-developed advancements in graphics technology that will…
AMD is dramatically escalating its challenge to Nvidia’s AI chip market dominance by announcing a massive partnership with OpenAI. The five-year agreement will see AMD supply six gigawatts (GW) worth of processors for OpenAI’s AI data centres, aiming to bolster the infrastructure needed for demanding applications like ChatGPT. Read: Sony ULT Field 5 Review: ULTimately…
Dado Ruvic/Reuters Nvidia’s deal with Intel could put the struggling chip maker’s next-generation manufacturing technology on a stronger footing, even without a direct commitment from the AI chip leader to use that technology to make its own chips, analysts said. Nvidia on Thursday invested US$5-billion in Intel for a stake of roughly 4%, and the…
Nvidia and AMD have reportedly agreed to give the U.S. government 15% of the revenue from the sale of their advanced AI chips to China. This comes as the Trump administration recently reversed a ban, allowing sales of chips like Nvidia’s H20 to resume. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday: iPad Pro and…
