DCD Magazine #62 - The coming wave
Will compute at sea sink or swim?
News - Investment / M&A / Financing, Samsung
The latest news from the AI, data center, telco, chip, and cloud sector
DCD Magazine #62 out now
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Dutch AI chip startup Euclyd raises $231 million in funding round co-led by Samsung
Former ASML CEO Peter Wennink has also joined as chairman of the board
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Samsung's quarterly profit up 1,814% on last year, cites ongoing demand for memory
Company says its memory business set “an all-time high for quarterly revenue and operating profit” in Q2
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Samsung forecasts YoY profit increase of 1,800% as company posts preliminary Q2 results
Samsung says it has more than doubled its quarterly sales from the previous year
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Samsung and SK Hynix in discussions with South Korean government about future chip investments – report
Government official said announcement regarding new chip cluster expected soon
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ZutaCore secures $100m Series C funding to push liquid cooling tech
Company secures investment from Mitsubishi, Carrier, and Samsung
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Samsung and AMD sign MoU for AI memory collaboration and foundry partnership
Agreement with see Samsung supply AMD with HBM4 and DDR5 RAM for its forthcoming GPUs and CPUs
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Samsung and SK Hynix post record profits but warn memory chip shortages will likely persist into 2027
Consumer electronics customers already having to readjust purchase orders
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Samsung and Hyundai announce domestic investments in AI just as South Korea finalizes tariff deal with the US
Seems to repackage previous announcements
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Nvidia to deploy more than 250,000 GPUs across South Korea, with Samsung, SK Group, and Hyundai all announcing AI factories
Government will also establish a National AI Computing Center
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AI chip company Groq raises $750m at $6.9bn valuation
Round was led by investment firm Disruptive
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US gov’t explores equity stakes in Intel and others to receive CHIPS Act funds
Commerce secretary says any such agreement would not see the government interfere with running of companies
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Immersion cooling firm GRC secures investment from Samsung Ventures
Details on amounts raised not shared
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Samsung posts record-breaking annual revenue but forecasts “limited” Q1 ‘25 earnings due to weakness in semiconductor business
Second-highest annual revenue ever recorded by the company
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Samsung Q4 2024 results fall short of expectations, despite record-breaking memory sales
Comes as Nvidia CEO Jensen Huang says Samsung has struggled to develop HBM chips for AI
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Samsung SDS acquires site in South Korea for data center, appoints new CEO
Samsung SDS will purchase the land and auxiliary buildings for 21.5 billion won ($15.4 million)
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Samsung issues apology ahead of Q3 2024 results; quashes foundry spin off rumors
Expected $6.8bn profits for quarter lower than company hoped for
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Nokia denies plan to sell mobile network business to Samsung
Deal would have reportedly valued the mobile network at $10bn
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Growing memory chip demand fuels 933% increase in Samsung Electronics’ operating profit
First quarter revenue totaled $52.3bn
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Naver orders $752m Samsung Mach-1 AI accelerators
The deal will help South Korean cloud company Naver reduce its reliance on Nvidia hardware
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Arm IPOs on Nasdaq, chip designer's share price immediately jumps
The largest IPO since 2021
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Amazon, Intel, Apple, Nvidia, Alphabet, and Samsung in talks to invest in Arm's $60 billion IPO
Big tech looks to keep the chip designer neutral
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AI and RISC-V chip company Tenstorrent raises $100m from Hyundai, Kia, and Samsung
Hyundai will use the semiconductor designs in its cars
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Ex-Samsung exec charged with stealing entire plans for a chip fab to build Chinese clone
Made in China, designed in South Korea
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Samsung sees chip profits crater, but won't cut investment
Buying into the chip dip
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Samsung Electronics proposes $200bn in US chip fabs, but just as a subsidy technicality
The plans are hypothetical, and mainly to ensure subsidy access
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Texas city plans to offer huge tax break to woo $17 billion Samsung chip plant
Taylor prepares to give up 92.5 percent of property taxes