AI keeps ASML running at full tilt
ASML, the European maker of the lithography machines needed for the most advanced chips, is benefiting from the AI boom. Its financial results and order book reflect that demand.
ASML, the European maker of the lithography machines needed for the most advanced chips, is benefiting from the AI boom. Its financial results and order book reflect that demand.
Chipmaker TSMC reported third-quarter results on Thursday, with a record profit for the sixth quarter in a row. The figures beat expectations as demand for AI chips stays strong.
Following a New York Times investigation, seven Democratic US senators wrote to Mark Zuckerberg about $6.6 billion in research tax credits allegedly used to equip AI data centers.
Shares of memory maker SK Hynix fell 10 percent as a sell-off in global tech hardware stocks deepened on Thursday. Investors are weighing fears of a Federal Reserve rate hike alongside worries about AI funding.
The founders of Ricursive Intelligence describe AI that designs chips, learns from each iteration and improves the next design. Their goal is to automate and speed up chip design to ease the shortage of computing capacity.
Adobe has re-architected Photoshop, Premiere and Substance 3D to run faster on computers built around NVIDIA's RTX Spark AI superchip.