Nvidia Plans $3 Billion Stake in SB Energy as OpenAI Guarantee Shrinks
Nvidia’s bet on OpenAI is changing shape. The chip maker is in talks to invest as much as $3 billion in SB Energy, the renewable-power company controlled by SoftBank, according…
Intel’s $20 Billion Share Sale Draws More Than $100 Billion in Orders
Intel’s bankers did not have a quiet week. The company’s $20 billion stock offering closed Tuesday with institutional orders topping $100 billion, a wave of demand that left the deal…
Bain Entity Becomes Kioxia’s Largest Shareholder as Toshiba Trims Stake
Kioxia Holdings said Monday that Toshiba had cut its stake in the memory chip maker to about 14.12% from 14.48% as of Aug. 3, a small sale that nonetheless redrew…
Intel Prices $20 Billion Stock Offering at $95 a Share
The pricing notice went out to investors late Tuesday morning: Intel Corp. would sell 210,526,315 shares of common stock at $95 apiece, pushing an offering announced a day earlier from…
Hedge Fund Pours $400 Million Into Chip Startup
SAN FRANCISCO–The hedge fund Situational Awareness has made a career of unconventional bets, from trading strategies that shocked markets to positions that other funds avoided. On Aug. 9, it placed…
Intel’s $15 Billion Offering Bets on AI Boom
SANTA CLARA, Calif.–Intel’s stock had a rough stretch in recent years, as the company lost its lead in chip manufacturing and watched its market value shrink. This week, the company…
Samsung Races to Staff Its Texas Fab
Samsung Electronics is accelerating hiring at its chip factory in Taylor, Texas, as the facility approaches production, according to Korean media reports on August 9. The company is working with…
Intel Hires Marvell’s Jarnac as Chief Sales Officer
Intel said it has hired Dean Jarnac as executive vice president and chief sales officer, putting a 30-year semiconductor industry veteran in charge of its global sales organization as the…
SoftBank’s Quarterly Profit Beats Forecasts as Intel Stake Yields $8.2 Billion
When SoftBank Group’s April-June results crossed the wires on Wednesday, the headline number appeared to disappoint: net profit fell 18% from a year earlier. Then the market looked at the…
SK Hynix’s Solidigm Weighs Nasdaq Listing After Pre-IPO Round
Solidigm, the NAND flash and SSD maker owned by SK Hynix, is raising 5 trillion to 10 trillion won in a pre-IPO funding round that values the company at about…
