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10.06.26 - 15:06
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TensorWave Raises $350 Million Series B at $1.55B Valuation to Expand Global AMD-Powered AI Infrastructure (Business Wire)
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Investment meets surging enterprise demand for scalable, high-performance AMD-based AI computeLAS VEGAS--(BUSINESS WIRE)--TensorWave, the all-AMD AI cloud specializing in high-performance, memory-intensive workloads, today announced it has raised $350 million in Series B funding. The round was co-led by Magnetar and AMD Ventures, with continued participation from Maverick Silicon, Nexus Venture Partners, and Western Frontier.
The new capital will support the expansion of TensorWave's global AI infrastructure footprint, including the deployment of next-generation AMD Instinct™ MI355X GPU clusters designed for memory-intensive workloads such as large language model training, high-throughput inference, and generative AI applications. As demand for AI compute accelerates worldwide, TensorWave's focus on open-ecosystem, high-bandwidth infrastructure provides organizations an alternative to capacity-constrained, vertically integrated GPU supply chains.
TensorWave is already seeing adoption across next-gener...
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09.06.26 - 18:30
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AMD Sinks 9%, Intel Slides 8% as Chip Stocks Pull the NASDAQ 100 Down (24/7 Wall St.)
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Chip stocks are leading a sharp midday pullback Tuesday, with Advanced Micro Devices (NASDAQ:AMD) down 9% and Intel (NASDAQ:INTC) sliding 8%. AMD shares are trading near $446, while Intel stock is hovering around $101.50. The selling is broad-based. The Invesco QQQ Trust (NASDAQ:QQQ), which tracks the NASDAQ 100, is off 3% on the day as ... AMD Sinks 9%, Intel Slides 8% as Chip Stocks Pull the NASDAQ 100 Down...
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09.06.26 - 16:18
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AMD Just Hit 2030’s Earnings Target Two Years Early. Here’s What Happens Next (24/7 Wall St.)
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Bernstein's Stacy Rasgon spent years as a skeptic on Advanced Micro Devices (NASDAQ:AMD). On a recent episode of The Real Eisman Playbook, he flipped the script.”I'm looking at 2028 and I'm pretty close to $20 in earnings, which was their 2030 target.” Read that again. The 2030 number, pulled forward two years. Rasgon is not ... AMD Just Hit 2030's Earnings Target Two Years Early. Here's What Happens Next...
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09.06.26 - 06:06
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AMD commits up to GBP2 billion to speed AI research in the UK (Digitimes)
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AMD said on June 8 it plans to invest up to GBP2 billion (approx. US$2.67 billion) in the UK over the next five years to accelerate AI innovation and research and broaden access to advanced computing resources. The company said the funding is intended to support long-term economic growth and scientific leadership nationwide....
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09.06.26 - 05:06
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Yesiang begins shipping recycled filters as 2nm demand lifts AMC market (Digitimes)
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Taiwan's Yesiang has started volume shipments of a newly certified recycled advanced micro-contamination (AMC) filter as semiconductor makers push deeper into 2nm and smaller nodes. The development could matter globally because tighter contamination control is becoming a critical yield factor for advanced chips, while cleaner manufacturing also aligns with lower-waste sourcing trends....
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