By Karen Freifeld and Fanny Potkin (Reuters) – Taiwan Semiconductor Manufacturing Company has halted shipments to China-based chip designer Sophgo after a chip it produced was discovered on a Huawei AI processor, according to two sources familiar with the situation. Sophgo had ordered chips from TSMC that matched the one found on Huawei’s Ascend 910B, … Read more
Artificial intelligence chip stocks saw a rise on Friday due to positive reports from Wall Street analysts, with Nvidia (NVDA) stock being one of the gainers. BofA Securities analyst Vivek Arya expressed strong support for a portfolio of AI chip stocks, highlighting a “generational capex cycle in generative AI infrastructure.” Arya mentioned that the data … Read more
Arm Holdings is terminating an architectural license agreement with Qualcomm that allows the latter to utilize intellectual property for chip design, as reported by Bloomberg News. The decision comes amidst an ongoing legal dispute between the two companies. Arm has issued a 60-day notice to Qualcomm regarding the cancellation of the licensing agreement, which enables … Read more