Intel will begin a new round of layoffs next month. The semiconductor giant plans to lay off 15% to 20% of workers in its Intel Foundry division starting in July, according to an internal memo originally reported on by The Oregonian. Intel Foundry designs, manufactures, and packages semiconductors for external clients. It’s unclear how many […]
Intel to lay off up to 20% of Intel Foundry workers Read More »
Nvidia doesn’t think the U.S. will backpedal its chip export restrictions to China anytime soon. The chipmaker is so convinced of that fact that it’s not going to include the Chinese market in its revenue and profit forecasts, CEO Jensen Huang told CNN on Thursday. Huang said he’s not counting on the Trump administration reversing
Nvidia to exclude China from its revenue and profit forecasts Read More »
To comply with the U.S.’ restrictions on exporting advanced semiconductor technology to China, chipmakers NVIDIA and AMD will soon begin selling new GPUs made for AI workloads in China, Taiwanese tech publication Digitimes reported, citing supply chain sources. NVIDIA plans to sell a stripped-down AI GPU, code-named “B20,” while AMD is looking to target AI
NVIDIA, AMD may soon start selling new AI chips in China to comply with US restrictions Read More »
As Nvidia reports earnings for the first quarter of its fiscal year 2026, which closed on April 28, the company has released numbers on how the Trump administration’s recent chip export restrictions are affecting business. Nvidia reported that it incurred a $4.5 billion charge in Q1 due to licensing requirements impacting its ability to sell
Nvidia expects to lose billions in revenue due to H20 chip licensing requirements Read More »
After the market closes on Wednesday, Nvidia will report earnings for the first quarter of its fiscal year 2026, which ended on April 27. While many in the industry are likely eager to hear how the recent whiplash surrounding U.S. chip export controls will impact Nvidia’s international chip business and future guidance, not everyone thinks
Why export restrictions aren’t the only thing to pay attention to in Nvidia’s earnings Read More »
Just a few weeks after the U.S. and China made significant steps to de-escalate the growing trade war between the two countries, tensions are flaring again — this time over semiconductors. China’s Commerce Ministry in Beijing released a statement on Wednesday that threatened legal action against anyone who enforces U.S. export restrictions on Huawei’s AI chips,
Tensions flare between the US and China over Huawei’s AI chips Read More »
Chips are a critical component of the AI industry. But new chips don’t hit the market with the same speed as new AI models and products do. Cognichip has a lofty goal of creating a foundational AI model that can help bring new chips to market faster. San Francisco-based Cognichip is working to build a
Cognichip emerges from stealth with the goal of using generative AI to develop new chips Read More »
After a week or so of rumors, the U.S. Department of Commerce (DOC) formally rescinded the Biden Administration’s Artificial Intelligence Diffusion Rule days before it was set to go into effect. The Artificial Intelligence Diffusion Rule, which was introduced by former president Joe Biden in January and set to come into force on May 15,
Trump admin officially rescinds Biden’s AI diffusion rules Read More »
After a week or so of rumors, the U.S. Department of Commerce (DOC) formally rescinded the Biden administration’s Artificial Intelligence Diffusion Rule days before it was set to go into effect. The Artificial Intelligence Diffusion Rule, which was introduced by former president Joe Biden in January and set to come into force on May 15,
Trump administration officially rescinds Biden’s AI diffusion rules Read More »
Nvidia clearly doesn’t agree with Anthropic’s support for export controls on U.S.-made AI chips. On Wednesday, Anthropic doubled down on its support for the U.S. Department of Commerce’s “Framework for Artificial Intelligence Diffusion,” which would impose sweeping AI chip export restrictions starting May 15. The next day, Nvidia responded with a very different take on
Nvidia takes aim at Anthropic’s support of chip export controls Read More »
