Data center revenue now represents 58 percent of total revenue

Data center expected to have a total eventual capacity of 15MW

Company is developing suite of specialized inference chips which will be linked by a photonic interconnect

The Union says its ‘AI gigafactory’ project will unlock at least €20 billion in private investment

Umesh Padval, managing partner of Seligman Ventures, will also join the company’s board

Startup claims more than 120 chip companies have already deployed its platform

Company says its memory business set “an all-time high for quarterly revenue and operating profit” in Q2

Despite chip designer's bullish outlook, total revenue for Q1 2027 was down on the last quarter

Agreement has seen Department of Commerce take a one percent stake in the chipmaker

Microchip says acquisition will help its intelligent Edge processing portfolio

Latest round saw participation from SK Hynix, Andreessen Horowitz, Jane Street, and Diffusion

Chipmaker’s data center segment once again posted strongest growth, while Intel Foundry continues to operate at a loss

Financial terms of the deal have not been disclosed

Startup has already deployed a commercial device at Sandia National Laboratories and the University of Maryland

First gigawatt expected in H1 2027

Unclear how many roles will be impacted

Facility is expected to be completed by June 2027

The German engineering company acquired the site in 2023

Wei said “probably four more fabs will be built” in the US state

Company’s CEO says strength of sales has led ASML to look into increasing EUV capacity over next two years

Pasadena-based startup emerged from stealth earlier this year

Company has also pledged $3bn to strengthen domestic chip supply chain

In SEC filing company said it plans to sell 17.8 million shares

Samsung says it has more than doubled its quarterly sales from the previous year