Nvidia experienced its biggest single-day drop since April as investors shifted toward Google’s AI technology. The sell-off erased nearly $250 billion from Nvidia’s market cap while Alphabet shares hit record highs approaching $4 trillion valuation.
Nvidia’s stunning earnings report sent shockwaves through markets, with shares jumping over 4.6% in premarket trading. The chipmaker’s performance eased concerns about an AI bubble and lifted the entire semiconductor sector.
Nvidia just projected $65 billion in sales for the current quarter, representing 65% annual growth. CEO Jensen Huang directly addressed investor concerns about an AI bubble, arguing the underlying infrastructure demand is real and sustainable.
Intel’s AI leadership is undergoing another major shakeup as CEO Lip-Bu Tan takes direct control following Sachin Katti’s departure to OpenAI. This comes just months after Katti was appointed to lead Intel’s AI strategy and follows the company missing its $500 million Gaudi chip revenue target last
Rebellions just secured $260 million with backing from US venture firms Kindred Ventures and Top Tier Capital Partners. The Korean AI chip unicorn, valued at $1.4 billion, is expanding its global presence with energy-efficient chips designed for large-scale AI inference. This marks their first inves
GlobalFoundries is licensing TSMC’s gallium nitride technology to accelerate next-gen power devices. The deal will bring US-based GaN production to GF’s Vermont facility, with development starting in early 2026 and production later that year. This strategic move targets critical power applications i
NVIDIA’s Rubin GPUs have reportedly entered production just weeks after Jensen Huang’s GTC 2025 reveal. The company has also secured HBM4 memory samples from all major suppliers ahead of expected mass production in Q3 2026.
Apple is reportedly developing M5 Ultra chips that will debut in the Mac Studio, completely skipping the M4 Ultra generation. The company is also planning a $599 budget MacBook with iPhone chips and OLED touchscreen models for 2026-2027. These moves signal major shifts in Apple’s computing strategy.
Huili Grace Xing, professor at Cornell University, has been selected for the 2025 University Research Award in Technology. The award recognizes lifetime research contributions to the US semiconductor industry. She’ll be honored at the SIA Awards Dinner on November 20 in San Jose.
The AI boom is causing a massive spike in memory prices that won’t ease until well into next year. Data center expansion is driving server DRAM contract prices higher, affecting both DDR4 and DDR5 memory across the market.
