Facility will support development of DRAM and NAND memory chips to help ease global shortages

Plus a round up of other quantum computing news

Data center segment will now contain two sub-markets: Hyperscale and AI Clouds, Industrial, and Enterprise

Empower CEO Tim Phillips will continue to lead IVR development efforts once transaction has closed

Company raised $5.55bn from sale of 30 million shares

Share price above the expected range

Series B round was co-led by Accel, Factorial Funds, and Peter Thiel’s Founders Fund

MicroSparc chip generates “continuous electrical power” by harvesting energy from quantum vacuum fields

Extended round brings total raised by the company to more than $350m

Broadcom’s investment in initial project phase reportedly tied to Microsoft purchase commitments

Company notes the fundraise ranks among the largest quantum Series A rounds globally

Round was co-led by DCVC and Kembara, with participation from new investors British Business Bank and Firgun

Chip giant also said customer demand for its new Arm AGI CPU has hit $2bn

Despite significant double-digit data center growth, total revenue remained flat quarter-on-quarter

Company’s shares surged by more than 15 percent to push it past the $1tn mark

Investors in the Series B round included Intel Capital, IQT, and ETF Partners

Company says acquisition will boost its AI and data center product offerings

Record-breaking growth primarily driven by memory demand

Chipmaker netted $231m from sale of its remaining stake in British chip designer this week

Technology Secretary Liz Kendall said she will not accept “defeatism” that the hardware race has already been won by the US and Taiwan

Startup designs custom application-specific photonic chips

Revenue share payments will also no longer be contingent on OpenAI achieving AGI

Social media giant says it will deploy “tens of millions” of Graviton5 cores in support of agentic AI workloads

Shares in the company rose 20 percent after results were published