Infinity raises $15M to crack the CUDA moat with autonomous chip software
Infinity.inc closed a $15M seed round to automate inference software for any AI chip, already generating millions in ARR with d-Matrix and threatening Nvidia's software lock-in.
SK Hynix files $28B US IPO as HBM becomes AI's bottleneck
SK Hynix's $28B IPO filing marks a major moment for the leading AI memory chip supplier entering US public markets, revealing HBM revenue exceeded $10B in H1 2026 alone.
Memento launches $93M bispecific bet against retinal disease standard
Memento Medicines raised $93M to develop MMT-205, a dual-mechanism antibody challenging anti-VEGF monotherapy dominance in nAMD and DME markets worth billions annually.
Qualcomm to acquire Tenstorrent for $8–10B, reshaping AI chip hierarchy
Qualcomm is acquiring AI chip startup Tenstorrent for $8–10B, giving the San Diego giant a RISC-V accelerator designed to outperform Nvidia on inference workloads that now dominate AI infrastructure costs.
Intel and Foxconn team up to challenge Nvidia's AI infrastructure grip
Intel and Foxconn announced a partnership to manufacture next-gen AI data center systems, leveraging Foxconn's global scale to distribute Intel's non-GPU compute stack and edge AI platforms.
Arm enters chip manufacturing for first time, claims $20B in AGI CPU demand
Arm announced record earnings and revealed $20B in constrained demand for its first-ever data center CPU, directly competing against Intel, AMD, and Nvidia for the first time in 35 years.
TSMC commits to five 2nm fabs in single city, doubling its expansion pace
TSMC is building five advanced-chip factories simultaneously in Kaohsiung through 2027, with every wafer already sold through 2026 and 70% annual capacity growth planned, cementing Taiwan's control of cutting-edge semiconductor production.
Lumai's optical chip runs LLMs faster on 90% less power
Oxford startup Lumai launched Iris Nova, the first optical inference server running billion-parameter models in real time, claiming up to 90% lower energy than silicon, directly challenging GPU economics as data centers face hard power ceilings.
Tenstorrent's $110K AI Server Challenges Nvidia's Inference Dominance
Tenstorrent launches Galaxy Blackhole inference servers at 3-5x cheaper per node than Nvidia DGX, with 16 units already deployed at Equinix and performance claims that undercut the GPU+LPU disaggregation trend.
Meta and Broadcom Lock in 1GW Custom AI Silicon Through 2029
Meta and Broadcom announced a multi-year partnership on custom MTIA chips through 2029, committing to deploy 1 gigawatt initially with plans to scale to multiple gigawatts by 2027. The chips will be the industry's first 2nm AI accelerators, shifting the inference market away from Nvidia.
SambaNova and Intel Ship Production Agentic AI Chip Stack
SambaNova and Intel announced a signed, production-ready heterogeneous inference architecture combining GPUs, Xeon 6 CPUs, and RDUs for agentic AI, deploying in standard data centers by H2 2026.
Xanadu Lists on Nasdaq at $3.6B, First Photonic Quantum IPO
Xanadu Quantum Technologies debuted on Nasdaq and the TSX on March 27, 2026, raising $302 million at a $3.6 billion market cap — the first publicly listed pure-play photonic quantum computing company.
Arm Launches First Own Chip in 35 Years, Targets $15B by 2031
Arm Holdings shipped its first production CPU in 35 years — the AGI CPU, co-developed with Meta and built on TSMC 3nm — targeting $15 billion in standalone revenue by 2031 and marking a structural break from its pure licensing model.
Arm Holdings Launches First In-House Silicon, Targets $15 Billion by 2031
Arm Holdings unveiled its first internally designed AGI CPU on March 25, 2026, targeting $15,000,000,000 in chip revenue by 2031 with Meta as lead customer.