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TOKYO -- Jim Keller, a chip designer who worked for Intel, AMD and Tesla, is trying to bring down the price of AI applications by designing chips that are more efficient than Nvidia's, with an eye to gaining some of the market held by the American giant.
SEOUL -- South Korea's SK Group aims to come up with 80 trillion won ($56 billion) by 2026 to invest mainly in artificial intelligence and semiconductors, as it looks to secure its chipmaking unit's position as the key supplier of advanced memory to Nvidia and other AI players.
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here .
Shares of Samsung Electronics jumped to their highest level since January 2021 after the South Korean tech giant said it expects better-than-expected profit for the second-quarter, thanks to explosive demand for artificial intelligence.
Stocks seesawed Monday as Wall Street struggled to maintain the strong momentum seen in the first half of 2024.
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here .
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here .
SINGAPORE: In March, artificial intelligence chip giant Nvidia’s market capitalisation exceeded US$2 trillion.