Mediatek’s ASIC dreams wobble
Meta and Google orders slip away
Something strange is stirring at Taiwanese IC design house MediaTek. The company’s push into special application chips (ASICs) after 2026 is suddenly looking a lot shakier.
OpenAI overtakes Musk’s SpaceX in valuation game
AI outfit now the priciest start-up on the planet
Chatgpt maker OpenAI has stitched up a deal that values the artificial intelligence outfit at $500 billion, putting it ahead of Elon Musk’s SpaceX as the most expensive start-up in the world.
China boots out Euro telecom kit
Nokia and Ericsson shoved aside
China is cutting back on the use of European telecom gear as President Xi Jinping pushes to remove western technology from the country’s critical infrastructure.
TSMC hikes wafer prices and kills cheap transistors
Age of bargain silicon ends
The days of cheap transistors are over as TSMC jacks up prices on its most advanced wafers and signals the end of Moore’s Law’s cosy promise of faster and cheaper chips.
Cerebras scoops $1bn to take on Nvidia
Silicon Valley start-up wants to crash the AI chip party
Chipmaker Cerebras Systems has bagged more than $1 billion from backers including Fidelity and Donald Trump Jr’s 1789 Capital as it tries to peel customers away from Nvidia.