AI Chips & Compute · Companies
TSMC July Sales Surge 44.7% on AI Demand, Beating Annual Growth Target
TSMC July sales surged 44.7% on AI demand, beating its 40% annual growth target.
Latest news, developments and reporting on AI Chips & Compute.
TSMC July sales surged 44.7% on AI demand, beating its 40% annual growth target.
Moore Threads reported H1 2026 revenue of 1.736 billion yuan, up 147.42% year-on-year and surpassing its full-year 2025 revenue, as losses narrowed sharply.
Mistral secured data-center partners, CoreWeave said older Nvidia chips remain valuable; Cerebras shares fell despite strong revenue.
AI-focused hedge fund Situational Awareness invests $400M in chip startup Source Foundry, bringing total to $500M, despite recent portfolio losses.