AI chip startup Etched closes $300m funding round, doubles its valuation to $10.3bn
Latest round saw participation from SK Hynix, Andreessen Horowitz, Jane Street, and Diffusion
Latest round saw participation from SK Hynix, Andreessen Horowitz, Jane Street, and Diffusion
System has an expected delivery date of 2027
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
The DGX GB300 system will support weather prediction, cybersecurity, and disaster resilience and response planning applications
First gigawatt expected in H1 2027
Facility already producing GB300s, will soon move on to Vera Rubin Superchips
Processor will be built using chipmaker’s Intel 4 technology
Unclear how many roles will be impacted
The hardware, dubbed Frozen v2, is slated for launch in 2028
AMD will start shipping Helios in H2 2026
Facility is expected to be completed by June 2027
The German engineering company acquired the site in 2023
Tender has an estimated value of €11.6m
Wei said “probably four more fabs will be built” in the US state
The so-called AI Factory will support the Japanese government’s AI robotics strategy
UAE-based companies will now have unrestricted access to purchase advanced AI chips from the US
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
Upgrades at the site will include installation of “leading-edge manufacturing equipment”
Company has also pledged $3bn to strengthen domestic chip supply chain
Company worked with Broadcom and TSMC on design and manufacture of chip
New flagship system expected to be operational by summer 2027