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Tech News

Nvidia to buy open-source AI hub Hugging Face for $12.9bn

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Business

SK hynix net profit jumps over 1,000%, but shares slide

Despite record second-quarter profits fuelled by AI demand, SK hynix shares plunged as investors questioned whether the boom can last amid Middle East tensions.

Markets

China memory chipmaker CXMT's shares soar in blockbuster listing

Shares of CXMT, China's largest memory chipmaker, soared on Monday after they began trading in Shanghai in mainland China’s biggest initial public stock offering in recent years.

Europe News

The EU is set to join US-led chip alliance to counter China's AI race

The EU is set to formally join Pax Silica, a US-led initiative coordinating AI chip supply chains and export controls to counter China. The decision follows weeks of internal discussions over fears that the initiative could jeopardise the EU's regulatory autonomy.

Europe News

EU seeks to boost Europe’s chip demand in tech sovereignty bid

The EU's revamped Chips Act shifts focus from supply to demand to boost European chip demand, especially for AI. The draft law covers demand aggregation and crisis tools, as part of a broader tech sovereignty push also covering cloud services and open source.

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Tech News

European chip research giant imec opens Qatar hub in Middle East push

Semiconductor and research hubs like imec are training talent and supporting startups in computing, AI and life sciences.

Business

World’s biggest chipmaker TSMC doubles down on AI, sees profit lift

A surge in AI-driven demand has pushed TSMC’s profits and investment plans higher, reinforcing its position as one of the world’s most advanced semiconductor producers.

Tech News

FT names Nvidia CEO Jensen Huang as their 2025 Person of the Year

AI leaders and executives have dominated lists for most influential people of 2025. The latest, Nvidia CEO Jensen Huang, was named Person of the Year by the Financial Times.

Business

Moore Threads, named 'China's Nvidia', soars 425% in blockbuster debut

China’s latest tech IPO surge shows that US attempts to slow Beijing’s tech ambitions are fuelling an AI race at home.

Business

Nvidia shares dip as AI accelerator race shifts interest to Google

A report that Meta may shift billions in AI spending towards Google’s custom chips sent Nvidia shares lower, signalling early signs of a potential shake-up in the company’s near-monopoly of the AI hardware market.

Europe News

Exclusive: 'Everything can be weaponised,' says EU trade chief

EU Trade Commissioner Maroš Šefčovič told Euronews in an exclusive interview that the Nexperia incident is "beginning to be resolved", but points to lessons about critical dependencies: "Everything can be weaponised."

Business

EU car production to stabilise after China eases chip export curbs

The move by China’s commerce ministry means European carmakers can now rely on resumed Nexperia chip deliveries, while boosting shares for the chipmakers' parent company, Wingtech Technology.

Tech News

Donald Trump says Nvidia’s most powerful AI chips to stay in the US

Nvidia’s most powerful semiconductors will be reserved for American AI companies, says US President Donald Trump.

Business

European carmakers fear supply shocks as Nexperia halts China exports

Europe’s car industry is bracing for new supply shocks after Dutch chipmaker Nexperia halted wafer shipments from China amid management disputes, weeks after The Hague seized control of the company over security concerns.

Markets

Nvidia becomes first company to pass $5 trillion market capitalisation

Nvidia's value is now greater than the GDP of India, Japan and the United Kingdom, according to the International Monetary Fund.

Business

Nearly 40% jump in net profit: Chipmaker TSMC capitalises on AI boom

Taiwan Semiconductor Manufacturing Corp., the world’s biggest semiconductor manufacturer, reported an unexpected jump in its net profit for the July-September quarter.

Markets

OpenAI’s Stargate locks in Korean chipmakers, boosting shares

SK Hynix and Samsung are poised to benefit from unprecedented demand for high-bandwidth memory as OpenAI embarks on its $500bn (€425bn) global AI infrastructure push.