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.
Broadcom's $10.7B quarter signals ASIC chip dominance over GPUs
Broadcom reports $10.7B in AI chip revenue for Q2 2026 with approximately 140% YoY growth, validating purpose-built ASICs as the dominant inference architecture against Nvidia's GPU incumbency.
Applied Materials EPIC Center adds SCREEN as AI packaging R&D partner
Applied Materials deepened its $5B EPIC Center with SCREEN Holdings on May 26, cementing control over advanced semiconductor materials engineering as the bottleneck for AI chip scaling.
Anthropic raises $65B at $965B valuation, four-way co-led
Anthropic closed a $65B Series H at a $965B post-money valuation co-led by Altimeter, Dragoneer, Greenoaks, and Sequoia, with $15B from hyperscalers including a $5B Amazon check and direct memory-supplier participation from Micron, Samsung, and SK hynix.
Google Splits TPU in Two: Training and Inference Arms
Google bifurcated its eighth-generation TPU into specialized training and inference chips on April 22, 2026, marking the first architectural split in a decade and directly challenging Nvidia's grip on AI infrastructure scaling.
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.
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.