Baidu seeks Hong Kong listing for AI chip unit Kunlunxin, amid push for self-sufficiency

BEIJING: Chinese tech giant Baidu Inc. said Friday it plans to spin off its artificial intelligence chip subsidiary, Kunlunxin, and list it in Hong Kong, as domestic chipmakers seek capital…

NNR January 2, 2026

Wire

AI startup Majestic Labs raises $100 million to challenge data center inefficiency

LOS ALTOS — Majestic Labs, an AI startup founded by veteran chip designers from Meta and Google, emerged from stealth mode Tuesday after raising $100 million to develop technology it…

NNR November 10, 2025

Wire

TSMC posts record Q3 profit on surging AI chip demand

TAIPEI: Taiwan Semiconductor Manufacturing Company (TSMC) reported a 39.1% jump in third-quarter profit on Thursday, setting a new record as robust demand for artificial intelligence chips continued to drive growth.…

NNR October 16, 2025

Wire

AMD to supply AI chips to OpenAI in deal worth tens of billions

SANTA CLARA: Advanced Micro Devices Inc. will supply artificial intelligence chips to OpenAI in a multi-year agreement that the chipmaker said Monday is expected to generate tens of billions of…

NNR October 6, 2025

Wire

AMD Misses Earnings Estimates Despite Strong AI and Gaming Growth

SAN FRANCISCO: Advanced Micro Devices Inc. reported second-quarter earnings Tuesday that narrowly missed Wall Street expectations, sending shares down about 4% in after-hours trading. The chipmaker posted adjusted earnings per…

NNR August 5, 2025

Euronext

Air Liquide launches world’s largest molybdenum plant in South Korea to support chip industry’s shift from tungsten

PARIS: Air Liquide (AIRP.PA) said it has started operations at the world’s largest molybdenum manufacturing plant in Hwaseong, Gyeonggi Province, expanding its footprint in advanced materials for semiconductors. The site…

NNR July 21, 2025

Wire

TSMC earnings surge 61% as AI chip demand fuels record quarter

TAIPEI: Taiwan Semiconductor Manufacturing Co. (TSMC) on Thursday reported a 61% surge in second-quarter profit, setting a quarterly record as strong demand for artificial intelligence chips continued to drive sales.…

NNR July 17, 2025