Google will provide up to 1 million TPU chips to Anthropic in a multi-billion dollar deal, delivering over 1 gigawatt of AI computing capacity by 2026 in the escalating AI infrastructure race.
Intel posts upbeat revenue forecast, boosted by rising PC demand and new investments from Nvidia, SoftBank, and the U.S. government. Shares jump as CEO Lip-Bu Tan’s cost cuts and turnaround strategy take shape.
TSMC boosts 2025 revenue growth forecast to mid-30% for second time this year, citing stronger-than-expected AI chip demand despite geopolitical challenges.
Nvidia stock rises 2.2% in premarket trading as analysts remain bullish on AI chip demand. HSBC upgrades to Buy with $320 target, citing strong earnings potential through 2027.
Astera Labs partners with Arm Total Design to deliver chiplet connectivity for AI infrastructure using PCIe, CXL, and UALink amid recent stock volatility.
OpenAI has formalized a multiyear agreement with Broadcom to co-develop and deploy 10 gigawatts of custom AI chips and computing systems starting in 2026.
