CPUS
AMD shares jump as AI-driven data-center strength fuels growth outlook
AMD, which recently joined the ranks of trillion-dollar companies, has gained about 126% this year and is poised to add about $58 billion in market value if premarket gains hold. The company's strong outlook highlighted growing momentum in its server processor business, signaling that spending on AI computing was extending beyond Nvidia's accelerators, which dominate the market.
AMD forecasts fourth-quarter revenue above estimates on strong AI chip demand
Advanced Micro Devices estimates its fourth-quarter revenue will hit about $17 billion, driven primarily by robust demand for AI chips. Although the company's forecast for adjusted gross margin stands at 55%, it falls slightly short of analyst expectations. A remarkable 97% year-on-year increase in data-centre revenue showcases AMD's growth. However, the company currently faces challenges in sourcing high-bandwidth memory, essential for its AI processors.
Vultr eyes 1 GW India capacity by 2029
Further, the company said it has hired more than 100 people in India over the past three months and plans thousands of additional hires in network engineering and operations by March. It also added that the Chennai workforce could eventually reach 5,000 as the facility becomes operational and services expand.
Intel Stock crashes 21% despite earnings beat: Why is Wall Street worried about INTC’s Q4 outlook?
Intel stock (INTC) plunged more than 21% in after-hours trading after its third-quarter earnings report revealed a weaker-than-expected fourth-quarter outlook. Despite beating earnings estimates and posting 78% growth in data center and AI revenue, the chipmaker warned that the PC slowdown could continue into the first half of next year.
Nvidia launches OpenShell Reference Architecture to contain AI agents
Nvidia said this architecture combines computing hardware, software and security tools to keep agents within defined boundaries aiming to address a part of the problem.
Sequoia-backed chip startup Nuvacore raising funds at about a $2.5 billion valuation
Nuvacore is seeking to raise the funds as the appetite for central processors has swollen due to the thirst for data-crunching capacity to power chatbots such as Anthropic's Claude. CPUs perform vital functions as traffic controllers for Nvidia's AI chips and run autonomous AI software known as agents.
- Go To Page 1
CoRover wins govt tender to build national unified AI assistant platform
Implementation to begin within 4 months with DigiLocker, will scale to hundreds of central, state departments, CEO says.
AMD CEO Lisa Su courts Korean AI chipmakers as it takes on Nvidia
AMD Chair and CEO Lisa Su put Korean AI chips at the center of partnership talks in Seoul on Wednesday, exploring how they could work alongside AMD processors in systems built for global markets, reported The Korea Herald.
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.
Turing Laureate Whitfield Diffie backs 90% cheaper CPU-driven AI
Running AI models on local CPUs could also reduce dependence on centralised infrastructure and technology suppliers, he said. “My interest, coming from a security viewpoint, is that I always want to see everything localised,” Diffie said. “You can now get many things to work on machines that individuals, small companies, small groups and associations can afford.”
Too early to write India off in the global AI race: Andreessen Horowitz’s Raghu Raghuram
India has few frontier AI model companies and limited computing capacity, but according to a16z managing partner Raghu Raghuram, the country should not be written off. In an interview with ET, Raghuram said Indian startups could first build services on open-weight models before eventually developing their own.
How AMD went from Intel’s smaller rival to a $1 trillion AI contender
AMD achieved a $1 trillion market capitalisation as of September 21. The company’s rise is attributed to its success in AI computing and product innovation. Under CEO Lisa Su, AMD has transformed its business and expanded its offerings beyond CPUs. Recent acquisitions have bolstered AMD's capabilities in graphics processing and data center solutions.
Supportive of efforts by model companies to take more responsibility: AMD tech chief
Advanced Micro Devices (AMD) is supportive of the comments made by AI industry leaders on slowing down development of frontier models to address safety risks, said the US chipmaker’s chief technology officer, Mark Papermaster.
'Indian economy more likely to be resilient rather than becoming more vulnerable': CEA V. Anantha Nageswaran
India's economy shows resilience despite global geopolitical and financial challenges. Strong bank credit and GST collections support this positive economic outlook. Rising global interest rates and oil prices introduce volatility after a calm period. India's Chief Economic Adviser emphasizes the need for adaptation and innovation. Private sector investment and R&D are crucial for future economic growth.
Dell Alienware 15 launched on Flipkart: Redefining mid-range gaming and creator hardware in India
Dell has introduced the Alienware 15 laptop in India via Flipkart, marking a significant step for gamers seeking high-end performance without breaking the bank. The device is packed with cutting-edge CPUs and NVIDIA GeForce RTX 5060 graphics, ensuring an exceptional gaming experience. Accompanied by a stunning 165Hz 16:10 display and sophisticated Cryo-tech cooling systems, this laptop promises reliability and durability, making it ideal for passionate gamers.
AI chipmaker d-Matrix to connect next-gen inference chips to Nvidia infrastructure
d-Matrix will integrate its Raptor XPUs with Nvidia's NVLink Fusion technology. This partnership allows faster deployment of inference chips at scale. Customers gain access to Nvidia's liquid-cooled architecture and MGX ecosystem. The integration offers a lower-risk path for ultralow-latency inference deployment.
India's 7.8% growth, yet no foreign trips, no gold: Sridhar Vembu explains Modi’s message
With India's robust economic expansion comes a pressing need to manage foreign exchange effectively. Zoho's Sridhar Vembu emphasizes that as growth accelerates, so does the reliance on imported energy and technology. To ensure long-term sustainability, India must prioritize strengthening its export capabilities and invest in the development of advanced technologies, resembling the challenges faced by fast-growing businesses in need of funding for their growth.
Nvidia at heart of data centre revolution, says BNP Paribas; sees 36% upside
BNP Paribas has issued an outperform rating on Nvidia with a target price of $285, implying a 36% upside. The brokerage highlighted Nvidia's role in the data centre revolution, accelerated computing, strong Q2 financial results, and robust demand for its Blackwell and Vera Rubin platforms despite supply chain constraints.
SpaceX, Nvidia develop space-optimised AI system for orbital launch next year
SpaceX and Nvidia have developed a space-optimised Vera Rubin NVL72 AI system that is planned for launch into orbit in the fourth quarter of 2027, said Elon Musk. Resharing an Nvidia post, Musk said the system will see significant scale-up in 2028 as SpaceXAI is expanding its AI infrastructure.
Intel, AMD sign long-term server CPU deals with Chinese clients as prices surge
The move highlights a broader consequence of the AI boom: demand has spread beyond AI accelerators to memory, networking gear and server processors, giving suppliers greater leverage to seek long-term purchase deals.
Nvidia CEO says has capacity to supply robust CPU and GPU growth
Huang was speaking at Nvidia's GTC press conference during Computex week in Taipei a day after the $5 trillion chip giant unveiled a new chip that processes artificial intelligence capabilities directly.
Morgan Stanley sees agentic AI widening chip spending beyond graphics processors to CPUs
Morgan Stanley predicts that as AI evolves towards autonomous action, demand will shift towards CPUs and memory, reshaping data center buildouts. This transition is expected to drive significant growth in the data center CPU market, expanding AI investment beyond GPUs to a wider range of chipmakers and memory suppliers.
Intel, Google to double down on AI CPUs with expanded partnership
Intel and Google are deepening their collaboration. They will advance artificial intelligence CPUs and create custom infrastructure processors. This move responds to the growing need for generalist chips as AI shifts from training to deployment. Google will use Intel's Xeon processors and new Xeon 6 chips. The companies will also co-develop processing units for more efficient computing.
Intel, AMD notify customers in China of lengthy waits for CPUs
The supply constraints have driven up prices for Intel's server products in China by more than 10% generally, although pricing varies by customer contract, according to one of the people.
Nvidia CEO Jensen Huang was asked if US is going to have an AI bubble – watch his 3-minute response
Nvidia CEO Jensen Huang talked about whether the US is heading into an AI bubble. He explained why AI demand is growing and why companies are moving from CPUs to GPUs. Huang said big changes in computing and new AI tools are driving huge interest. His comments show why many people believe AI growth will continue.
Intel shares soar 30% in pre-market trade on Nvidia's $5 bn investment boost, strategic product collaboration
Intel shares soared over 30% in pre-market trade after announcing a $5 billion investment from Nvidia and a landmark collaboration to co-develop custom data center CPUs and x86 RTX SOCs for PCs, integrating NVIDIA’s AI and Intel’s CPU strengths.
Qualcomm to make data center processors that connect to Nvidia chips
Nvidia's chips are dominant in the AI market but always paired with CPUs, a market traditionally dominated by Intel and Advanced Micro Devices. Nvidia has jumped into the CPU market itself, designing a chip using technology from Arm Holdings to develop its own "Grace" CPU.
ETtech Explainer: How Ziroh Labs is trying to eliminate expensive GPUs
An academia-startup partnership is trying to eliminate expensive and complex GPUs, specialised circuits that boost intensive tasks such as AI, paring cost and driving accessibility.
ETtech Explainer: All you need to know about Google's Axion data centre processors
Google Cloud introduces Axion, a custom Arm-based CPU, to enhance data centre AI capabilities, competing with AWS and Microsoft. Axion targets various processes and aims to attract a range of high-profile customers.
Load More
