CHIP DESIGN
Software startup Vinci raises $250 million at a $1.5 billion valuation
The Palo Alto, California-based company is entering a market that includes similar AI-based simulation products from established chip design software firms such as Cadence and Synopsys.
Global Market: AMD to increase AI chip supply substantially in 2027 to meet rising demand
AMD plans to substantially increase chip supplies in 2027 as demand for AI processors accelerates. CEO Lisa Su is working with key suppliers in Taiwan and South Korea to expand manufacturing and secure advanced wafer and memory capacity.
AMD plans to substantially increase supply in 2027, CEO says
AMD, Nvidia's closest rival in AI graphics processors, has been rapidly expanding its AI chip business, with its market value recently topping $1 trillion amid an AI-driven rally.
DeepSeek to raise at least $12 billion in Tencent-backed funding
Chinese AI startup DeepSeek is close to securing at least 80 billion yuan ($11.93 billion) in its latest round of funding, Bloomberg News reported on Tuesday, citing people familiar with the matter.
US stocks: Nasdaq gains 1% at close as investors focus on earnings
The Nasdaq Composite has hit an all-time high, driven by impressive performances from tech giants Nvidia and Microsoft. In contrast, oil prices have dipped, attributed to rising crude exports from the Middle East and backing from the Group of Seven nations. Analysts forecast a notable year-over-year increase in S&P 500 earnings, buoyed by strength in the technology sector.
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US stocks: Nasdaq hits record as megacap gains offset elevated Treasury yields
On Monday, the S&P 500 gained ground and the Nasdaq Composite hit a historic high, propelled by heavyweight stocks. The technology sector led this upward trend, thanks to impressive performance from Nvidia, Meta Platforms, Microsoft, and Tesla. However, the Dow Jones Industrial Average faced a slight setback amid elevated Treasury yields. Strong expectations for corporate earnings are buoying U.S. equities, even as inflation and geopolitical uncertainties persist.
What to do with old mugs? Try these 5 creative DIY reuse ideas to organise your home and add a decorative touch
Old mugs are not just relics of your coffee-drinking past; they can revolutionize your home's organization and design. Transform them into quirky desk organizers, unique planters for your succulents, or elegant jewelry holders. Enhance your kitchen storage, making essential tools easily reachable, while maintaining a clutter-free environment. Just remember to check for damage and clean these forgotten treasures before giving them a new life.
Nvidia still 'the one' for AI? BNP Paribas raises target to $345, sees up to 47% upside
BNP Paribas has retained its Outperform rating on Nvidia and raised its target price to $345 from $285, implying 47% upside. The brokerage sees Nvidia’s full-stack AI platform, including GPUs, networking and software, helping it navigate the shift towards increasingly complex inference workloads and sustain its market leadership.
Qualcomm and Arm head to trial again, potential for huge damages in focus
Qualcomm also alleges that Arm leaked to the media its 2024 threat to terminate a vital license agreement in a way that damaged discussions for a chip deal between Qualcomm and Meta Platforms.
Nvidia's bet that its chips can finance the AI boom gets a Wall Street reality check
By Saeed Azhar, Max A.- Nvidia's mammoth financing plan has opened a debate on Wall Street about how much its advanced chips and the infrastructure around them are worth.
Agrani in talks to raise Rs 800-850 crore from Samsung, 360 One, Peak XV
The Bengaluru-based company is also looking to apply for around Rs 120-130 crore under the government-backed Research, Development and Innovation (RDI) scheme as part of the fundraise, the sources said.
Synopsys shares jump on robust growth outlook, OpenAI and AWS deals
Synopsys shares jumped 10% on Thursday after the chip-design software maker forecast fiscal 2027 revenue and profit above analysts' estimates and unveiled deals with OpenAI and Amazon Web Services.
In 2017, Google researchers published “Attention Is All You Need”; they were solving translation, but accidentally laid the foundation for today’s AI age
Google Translate once struggled with long sentences because its software processed language one word at a time. This sequential reading approach created severe computational bottlenecks, slowing down translation and causing models to lose context by the time they reached the end of a paragraph. Computer scientists solved this limitation by abandoning step-by-step reading entirely. Their Transformer architecture analyzed full blocks of text simultaneously using self-attention.
Finland's Kone prepares sale of TK Elevator's European business to tackle antitrust concerns, sources say
Kone intends to initiate the sale of most of TK Elevator's European operations this fall. This decision is aimed at addressing regulatory concerns related to Kone's acquisition deal. The sales process is expected to commence in November, according to sources familiar with the situation. Kone previously indicated that divestments could be necessary for regulatory approval of the acquisition. Both Advent and Cinven have declined to comment on these developments.
Broadcom to lend Anthropic up to $42 billion to lease its chips, filing says
As part of that complex relationship, revealed in the IPO filing, Broadcom has agreed to lend Anthropic up to $42 billion to finance infrastructure spending.
CScale raises $145 million for AI networking, with backing from Nvidia and Intel
The Silicon Valley startup, backed by Nvidia and Intel, is developing technology to replace copper links inside AI data-centre servers with fibre-optic connections and plans to ship its chips by 2028.
Huawei unveils Mate 90 phones, leans on homegrown chip design to offset US curbs
Huawei has showcased its Mate 90 smartphone series, enhancing performance with new chip technology and HarmonyOS 7. The latest models feature Huawei's Kirin 9050 Pro chip, utilizing an innovative LogicFolding architecture. As smartphone prices rise in China, Huawei has adjusted its pricing strategy to stay competitive in the market. While Apple's new foldable phone enters the market, Huawei maintains a dominant share in foldable phones.
ETtech Explainer: Multi-billion dollar global battle for AI control
Chipmaker AMD announced on Monday that it is buying World Labs for $8.2 billion. This comes on back of Nvidia acquiring Hugging Face for $12.93 billion. Tanya Pandey explains whether this move points to a broader shift in AI, where companies see value in controlling more of the technology stack rather than relying entirely on other players.
Sovereignty means controlling a substantial part of the chip supply chain: Mindgrove CEO Shashwath TR
Shashwath said the concerns go beyond where a chip is designed; companies also need to know what software is placed on it and who can verify that it has not been changed.
Chip startup Mythic AI enters India, eyes data centre, robotics opportunities
Founded in 2012 and headquartered in Austin and Palo Alto, the company is developing analogue compute-in-memory technology for energy-efficient AI inference. Currently, it has close to 20 people in India and plans to take the team to more than 60 by the end of the first quarter of 2027, Ozcelik told ET in a conversation.
India's semiconductor opportunity expanding beyond fabs: Report
India's semiconductor sector is expanding beyond chip fabrication into a complete ecosystem. This growth includes chip design, materials, and advanced packaging services. The government's Semicon 2.0 program supports this expansion with significant financial outlays. Global companies are investing in India's semiconductor supply chain development and research. India aims to capture more value by developing intellectual property and product ownership.
India's semiconductor opportunity expanding beyond fabs: Report
India's semiconductor opportunity is expanding beyond chip fabrication and packaging, with the country now focusing on building a complete ecosystem covering chip design, equipment, materials, advanced packaging, research and electronics products, YES Securities said in a report on the SEMICON India 2026 conclave.
India needs to move beyond chip manufacturing, use Indian chips in products designed and made locally: Report
India’s next phase of semiconductor growth should focus beyond manufacturing capacity on building a domestic ecosystem where chips designed, produced and packaged in India are used in locally designed products, an EY-IESA report said. With semiconductor consumption projected at $200 billion by 2035, the report called for greater downstream value creation.
Chipmakers move security deeper into design as AI hardware spreads
Silicon Labs, Tessolve and Netrasemi are strengthening chip security as connected devices carry more data and face growing cyber risks
India has chip design talent, but lacks global sales skills: Endiya Partners' Sateesh Andra
Engineers based in India have taped out chips that have shipped in billions for companies such as Qualcomm, Infineon, NXP, Texas Instruments and Renesas. Missing were the skills to write a product's specifications, position and market it, and work with distributors to reach customers abroad, he said.
India’s semiconductor rise could invite geopolitical risks: IT minister Ashwini Vaishnaw
IT Minister Ashwini Vaishnaw said India’s growing capabilities in semiconductor design and manufacturing could face geopolitical risks as the country expands its role in the global chip supply chain.
‘Be prepared for cyberattacks’: Vaishnaw flags risks to India’s chip push
India's burgeoning semiconductor sector is viewed as a threat by established global chip industry interests, says Minister Ashwini Vaishnaw. He has urged the industry to remain vigilant against potential cyberattacks and disruptions. The government is actively expanding the semiconductor ecosystem beyond assembly and testing. Significant investments are being made to support chip design, fabrication, and talent development. India aims to build a robust domestic supply chain and attract global semiconductor manufacturing.
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