Related News
Nov 12, 2026
TSMC Invests $1 Billion in Anthropic and OpenAI
The world's largest chipmaker is taking direct equity stakes in the two biggest AI developers. TSMC's board approved up to $500 million each for Anthropic's IPO shares and OpenAI preferred stock — a signal that the semiconductor giant sees long-term AI demand as durable, even as markets question AI spending.
Nov 12, 2026
Qualcomm Begins Layoffs in India, Cutting Over 1,000 Jobs
Qualcomm has started cutting jobs in India as part of a global restructuring, with more than 1,000 roles at risk across Bengaluru, Hyderabad, and other cities. The chipmaker's revenue fell 3% to $43.1 billion in fiscal 2026, with smartphone chip sales down 25%.
Oct 27, 2026
AMD says Meta is testing initial Helios racks, with broader deployment still ahead
AMD’s partnership update separates initial Helios racks installed for testing from existing Instinct production use. A custom GPU and later MI500-series and rack-scale systems remain future plans.