Amazon announces Trainium2 chip for training AI systems, it will appear in 2024

Amazon has announced the Trainium2 chip for training artificial intelligence systems. The development was announced by Adam Selipsky, CEO of Amazon Web Services (AWS) Cloud Computing Division, during the re:Invent event in Las Vegas, writes Reuters. According to him, the performance of Trainium2 will be four times higher compared to ... Read more

Neuralink managed to raise an additional $43 million in venture capital

Elon Musk’s Neuralink startup has raised an additional $43 million in venture capital. This is stated in a report to the U.S. Securities and Exchange Commission (SEC), according to TechCrunch. According to the document, the previous tranche from Peter Thiel’s Founders Fund increased from $280 million to $323 million in ... Read more

NVIDIA postpones release of new AI chip aimed at China until 2024

NVIDIA has informed customers in China that it is postponing until early 2024 the release of a new AI chip that the company developed to comply with US export restrictions, writes Reuters with reference to informed sources. According to them, it is the H20 chip. It is considered to be ... Read more

NVIDIA expects to receive about $20 billion in revenue in the fourth quarter

In the third quarter of fiscal year 2024, NVIDIA reported revenue of $18.12 billion. This result is 206% higher than the previous year and 34% better than in the second quarter. This is stated in the company’s statement. The data center division generated revenue of $14.51 billion, up 279% year-on-year ... Read more

Tensions between the US and China will slow down the chip industry – TSMC founder

Rising tensions between the US and China over technology will slow down the development of the semiconductor industry in the world. This opinion was expressed by the founder of the Taiwanese company TSMC Morris Zhang, writes Reuters. He believes that the separation of the Chinese chip industry from the rest ... Read more

NVIDIA says new restrictions on chip exports to China are already in effect

New US restrictions on the export of advanced chips used in the field of artificial intelligence to China have come into effect earlier than planned. This was reported by the American manufacturer NVIDIA, writes Reuters. According to the company, the restrictions came into effect on Monday due to the postponement ... Read more

The US is going to restrict the export of more NVIDIA chips to China

The US Department of Commerce plans to ban the export of advanced chips used in artificial intelligence to China in the coming weeks, reports CNBC. In particular, it concerns the products of the American manufacturer NVIDIA. Earlier, the United States imposed restrictions on the export of its H100 chips to ... Read more

Taiwanese companies help Huawei build chip manufacturing plants in China

Several Taiwanese tech companies are helping Huawei Technologies Co. build infrastructure for a secret network of chip factories in southern China. The unusual cooperation was reported by Bloomberg. We are talking about several such projects in the Chinese city of Shenzhen. According to the publication, they involve divisions of Topco ... Read more

The US has decided how to prevent China from benefiting from US chip subsidies

The U.S. Department of Commerce has promulgated rules that will prevent the use of subsidies for the production of semiconductors by China and other countries that are considered to pose a threat to U.S. national security, writes Reuters. We are talking about a $39 billion subsidy program. These funds are ... Read more

Doctors tell about the euthanasia of monkeys used to test the Neuralink brain implant

Elon Musk may get into another scandal. This time, it’s because of the death of primates involved in testing the Neuralink brain implant. This may be due to the information published by WIRED, writes The Verge. The publication cites disturbing documents obtained by the Physicians Committee for Responsible Medicine (PCRM). ... Read more

Elon Musk’s Neuralink to test brain chip on people with paralysis

Elon Musk’s startup Neuralink has received approval from an independent supervisory committee to start recruiting participants for the first trial of a brain implant for patients with paralysis. This is reported by Reuters with reference to the company’s statement. People with paralysis due to cervical spinal cord injury or amyotrophic ... Read more

Arm raises almost $5 billion in the largest IPO of the year

Arm, a British chip design company controlled by SoftBank, raised $4.87 billion in an initial public offering (IPO), writes Axios. The company sold 95.5 million shares at $51 per share. Thus, the British developer was valued at $54.5 billion in the IPO, which is considered the largest this year. As ... Read more

China to create $40 billion state fund to support semiconductor industry

Processors are the new oil, and every country wants to have its own development and production of semiconductors. Despite the fact that there are many high-tech industries in China, China’s hi-end processors are not very good, especially after the restrictions imposed by the US government. Therefore, China is introducing its ... Read more

Apple will buy all 3nm chips that TSMC can produce for new iPhones and Macs

Apple is going to use Taiwan Semiconductor’s (TSMC) new 3nm process for its next-generation chips, including the M3 series processors for Macs and the A17 Bionic for the next-generation iPhone. Apple’s order is so large that the company will buy all the chips that TSMC produces using this process, and ... Read more

China’s tech sector is really suffering from US chip sales sanctions

Despite all the bravado rhetoric, China’s tech sector is actually feeling the impact of export restrictions imposed by the US last year, writes The Wall Street Journal. They were aimed at curbing Beijing’s progress in areas such as artificial intelligence (AI) and supercomputer technology. Sanctions are starting to have a ... Read more

The EU has approved the Chips Act, which will help develop the semiconductor industry in Europe

The European Union approved the Chips Act. This document is designed to improve semiconductor manufacturing capabilities in EU member states, reports Engadget. The act aims to use 43 billion euros ($47.5 billion) of investment to increase the share of chip production in the EU to 20% in 2030. Now this ... Read more

The battle for chips between Washington and Beijing could hurt American technology – NVIDIA

The U.S. tech industry risks being hit hard by an escalating chip battle between Washington and Beijing. This is the opinion in the interview with Financial Times that was expressed by NVIDIA CEO Jensen Huang. He said US export controls had left a group of Silicon Valley companies “with our ... Read more

AMD lost 9% in revenue due to falling sales of PC chips

In the first quarter of 2023, compared to the same period in 2022, AMD reduced its revenue by 9% to $5.35 billion. A year earlier, this figure reached $5.89 billion, according to CNBC. AMD’s financial results fell amid falling PC chip sales. In the client group, which includes sales of ... Read more

Apple updated the MacBook Pro 14 and 16, offering new processors M2 Pro and M2 Max with record battery life. The Mac mini also got the M2 and M2 Pro

Without a special event, the Apple company published a press release announcing the update of the MacBook Pro 14 and MacBook Pro 16 line of professional laptops. Previously, the dates of the release of the update were postponed, and insiders and analysts said that the new arrivals will be presented ... Read more

Tim Cook and Joe Biden announced plans for American-made chips

Apple plans to start using American-made processors after opening new state-of-the-art chip manufacturing plant in Phoenix, Arizona reports The Verge. For customers, which also include AMD and NVIDIA, the new plant means more reliable chip supply and faster production times. TSMC, the plant’s owner, also said it will start construction ... Read more

NVIDIA sells cut-down graphics chip to China to circumvent US export restrictions

NVIDIA has released a cut-down version of its high-end A100 graphics chip for data centers to bypass restrictions recently imposed by the US government. They are needed to make it harder to sell machine learning equipment to countries like China and Russia. A cut-down version of the A100 is called ... Read more

The United States has banned American technology companies from building The United States has banned American technology companies from building facilities in China for 10 yearsfor 10 years

US technology companies receiving federal funding under the CHIPS and Science Act, will be banned for 10 years from building “advanced technology facilities” in China. During the briefing this was announced by US Commerce Secretary Gina Raimondo. “We’re also going to be implementing the guardrails to ensure those who receive ... Read more

TSMC will begin production of 3nm chips as early as next month

This was reported by the resource Commercial Times, referring to the statement of company representatives. The Taiwanese chipmaker is expected to be able to ship the first batches of products based on the new 3nm process (N3) to its partners early next year. Traditionally, TSMC begins mass production of the ... Read more

AMD’s revenue rose last quarter but the forecast for the current quarter is less optimistic

Not all tech companies were hit by the recession last quarter – chipmaker AMD announced about the increase in income. During this period, the company earned $6.55 billion against $6.53 billion expected. At the same time, in the current quarter, the manufacturer expects income that is lower than expected. According ... Read more

The US is covertly reducing exports of chip-making equipment to China

Washington is increasingly restraining Beijing’s economic ambitions in the chip market. To do this, the US is restricting China’s access to chip-making equipment, reports Bloomberg with reference to two major manufacturers. Previously, Washington banned the sale without a license of equipment that can be used to produce chips of 10 ... Read more