Qualcomm to Supply Millions of AI Chips to ByteDance as It Expands into Data Centers
Qualcomm will supply millions of AI ASICs to ByteDance (TikTok’s owner) to power its AI inference and Doubao chatbot.
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Marvell Mania: Amazon Doubles Down and AMD Joins the Bet
Amazon and AMD increased stakes in Marvell, signaling strong belief in its AI chip tech powering cloud and data centers.
OpenAI Misses Sales and User Targets, Drags Partner Stocks Down
OpenAI missed growth targets, worrying investors as rivals rise and AI costs stay high, raising doubts about quick profits. Shares of SoftBank, Oracle, and AMD dropped sharply.
POET Shares Plunge After Marvell Cancels All Celestial AI Orders
POET stock fell after Marvell canceled orders over confidentiality issues, but the company still sees growth in AI tech.
Google in Talks with Marvell to Develop New AI Chips for Faster Inference
Google is in talks with Marvell Technology to develop a new memory processing unit and an inference-optimized TPU to power its AI models more efficiently.
Marvell and Texas Instruments Just Got Upgraded by Wall Street
Marvell upgraded to Overweight ($150) on booming optical growth; Texas Instruments Buy ($250) as analog chip demand rises.