Max Cherney

Chip technology provider Arm Holdings , gave a fiscal third-quarter forecast on Wednesday that topped Wall Street's expectations, boosted by the boom in artificial intelligence computing.

Advanced Micro Devices , Cisco Systems and Saudi Arabian artificial intelligence startup Humain are forming a joint venture to build data centers in the Middle East and have landed their first customer, CEOs at the three companies told Reuters in an interview on Tuesday.

An acute global shortage of memory chips is forcing artificial intelligence and consumer-electronics companies to fight for dwindling supplies, as prices soar for the unglamorous but essential components that allow devices to store data.

Chipmaker Intel , has tested chipmaking tools this year from a toolmaker with deep roots in China and two overseas units that were targeted by U.S. sanctions, according to two sources with direct knowledge of the matter.

It was a Thursday before dawn in Silicon Valley when Intel CEO Lip-Bu Tan found himself under attack by the president of the United States.

Chipmaker Intel has planned to invest another $15 million in SambaNova, a chip startup chaired by Intel CEO Lip-Bu ​Tan, a Reuters review of corporate records showed.

Artificial intelligence lab Anthropic is exploring the possibility of designing its own chips, ​three sources said, as the company and its rivals respond to ‌a shortage of AI chips needed to power and develop more advanced AI systems.

Intel has provided access to some of its processor technology to ‌a new startup, according to a source and documents reviewed by Reuters, in a rare move for the U.S. chipmaker.