(Reuters) -Facebook parent Meta is in discussions with Alphabet's Google to spend billions on using Google's AI chips in its data centers from 2027.
AI Chips
Artificial intelligence giant Nvidia's most advanced chips will be reserved for U.S. companies and kept out of China.
Anthropic is expanding its deal with Google to use as many as one million of the tech giant's artificial intelligence chips.
U.S. President Donald Trump's administration recommended implementing export controls that would verify the location of AI chips.
Nvidia CEO said to CNN that American concerns that Nvidia China-specific AI chips would contribute to China's military are exaggerated.
Samsung Electronics on Tuesday projected a far worse than expected 56% plunge in second-quarter operating profit due to weak AI chip sales.
Nvidia beat quarterly sales expectations as customers stockpiled its AI chips before fresh U.S. curbs on China exports took effect.
Nvidia will launch a new artificial intelligence chipset for China at a significantly lower price than its recently restricted H20 model.
U.S. President Donald Trump's administration plans to rescind and modify a Biden-era rule that curbed the export of sophisticated AI chips.
Huawei Technologies plans to begin mass shipments of its advanced 910C artificial intelligence chip to Chinese customers.