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Oracle surges, chip stocks rise as Trump unveils $500 billion AI plan
Oracle's shares jumped nearly 9% before the bell on Wednesday after U.S. President Donald Trump said the company would make a large investment in artificial intelligence infrastructure, alongside OpenAI and SoftBank.
SoftBank Joins OpenAI, Oracle in AI Pact Unveiled by Trump
SoftBank Group Corp., OpenAI, and Oracle Corp. are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald Trump aimed at speeding development of the emerging technology.
SoftBank and Oracle Stocks Surge on Little-Defined $100 Billion AI Venture
SoftBank, Oracle and others have very big artificial-intelligence spending plans with very little detail. Investors are very pleased. On Tuesday, the new Trump administration said the companies wou
Oracle shares surge after Trump unveils $500 billion AI plan
Oracle shares jumped nearly 9% in premarket trading on Wednesday, after U.S. President Donald Trump said the company would make a large investment in artificial intelligence infrastructure, alongside OpenAI and SoftBank.
10h
on MSN
TikTok owner ByteDance plans to spend $12 billion on AI chips in 2025, FT reports
ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than ...
Techopedia
1h
6 Semiconductor Trends in 2025: Experts’ View on Chips Future
Explore six key semiconductor trends for 2025, including smarter chips, Vision AI, new MEMS, and building "mega-fabs,” among ...
7d
on MSN
The first AI chip startup to go public in 2025 will be Blaize
The rise of Nvidia has spurred renewed investor interest in AI chip startups. One of them, Blaize, founded by former Intel ...
3d
on MSN
AMD's AI Chip Sales Might Disappoint in 2025
With demand for AI accelerators still booming and AMD's market share small, there should be plenty of room for the company to ...
5d
AMD’s Novel Ryzen AI Max Chip For Copilot+ PCs Was A CES Showstopper
This chip cojoins existing AMD CPU and GPU architectures, along with a high speed memory interface, in an unprecedented way, ...
26m
Snapdragon X Plus vs X Elite AI laptop chip: 3 key differences
When Qualcomm released the X series of processors, its most recent series of ARM processors for Windows laptops, our entire ...
USA Today
8d
How the new AI chip rule from the US will work
The U.S. government said on Monday it would issue a new regulation designed to control access to U.S.-designed artificial ...
1d
From Chip War To Data War: AI's Next Battleground Explained
Around the same time, Musk accused companies like OpenAI of "scraping" Twitter's (now X) data without permission, prompting X ...
8d
on MSN
Biden’s administration proposes new rules on exporting AI chips, provoking an industry pushback
The Biden administration is proposing a new framework for the exporting of the advanced computer chips used to develop ...
Laptop Mag on MSN
2d
AMD's innovative Ryzen AI Max chips crush gaming and video editing workloads
The Ryzen AI Max series of APUs (Accelerated Processing Units) offers incredible performance in gaming, content creation, and ...
6d
on MSN
TSMC profits surge 57% as demand for AI chips remains high
TSMC, which makes chips for Nvidia, reported net income of $11.6 billion. Its CFO said this was supported by "strong demand" ...
Analytics Insight
9h
AI Chips and Geopolitics: India’s Concerns Over US Curbs
Advanced semiconductor chips are the backbone of technological innovation in this age of artificial intelligence. From ...
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