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Semiconductors

Broadcom

🔥 Broadcom Sold $16.7 Billion of Custom AI Chips in 90 Days. The Stock Fell Anyway.

Broadcom sold $16.7B of custom AI chips in one quarter, up 221%, with Google, Anthropic and OpenAI on the roster. So why did the stock fall?

🔥 Google Promised Marvell $120 Billion in Chips. The Stock Fell 7% the Day It Beat Earnings.

Google's custom-chip deal could hand Marvell up to $120 billion in revenue. So why did the stock drop 7% on record earnings? The payoff doesn't land until fiscal 2029.

Semiconductors

🔥 AMD Bought Taalas to Etch AI Models Into Silicon. The First Chip Ran 48× a GPU.

AMD is buying Toronto startup Taalas, which etches AI model weights directly into silicon. Its first test chip ran Llama 3.1 8B at 16,960 tokens/sec — about 48x a GPU.

🔥 Etched Doubled to $21 Billion in a Month — on a Chip That Only Runs Transformers

Etched, a transformer-only AI chip startup, just doubled to a $21 billion valuation on a $700M round led by Jane Street — with $1B in booked orders and one very concentrated bet.

🔥 Intel Just Sold $20 Billion of Stock at $95 a Share — a Year After the Government Paid $20.47

Intel just sold $20 billion of stock at $95 a share — a year after the U.S. government bought in at $20.47. Inside the raise, the comeback bet, and the catch.

Semiconductors

🔥 SK Hynix Just Bet $38 Billion on Two Factories That Won't Make a Chip Until 2029

SK Hynix's board just approved 54 trillion won ($38B) for two new fabs that won't ship a chip until 2029 — a massive bet that the AI memory shortage is permanent.

🔥 AMD's Data Center Sales Doubled to $6.7 Billion. The Stock Dropped 9% Anyway.

AMD's Data Center revenue more than doubled to $6.72 billion in Q2 2026 and total sales hit a record $11.54 billion — but the stock still dropped 9% after hours. Here's why.

🔥 The Chip That Only Runs Transformers Is Now Worth $10.3 Billion

Etched raised $300M at a $10.3B valuation for Sohu, a chip that runs transformers and nothing else — a pure bet that the architecture is done changing.

🔥 Zero Nvidia, One Gigawatt: China's Z.AI Just Lit Up the Data Center the Export Ban Was Built to Stop

China's Z.AI switched on a 1-gigawatt AI data center running 10,000+ chip clusters with zero Nvidia silicon — the exact build US export controls were designed to prevent.

🔥 Etched Bet the Whole Chip on Transformers. Seven Months Later It's Worth $10.3 Billion.

Etched just raised $300M at a $10.3 billion valuation — more than doubling in seven months on a chip that deliberately runs only transformers. Inside the boldest bet against the GPU.

Semiconductors

🔥 TSMC Just Booked a Record $40 Billion Quarter — and Answered the Only Question That Matters About the AI Boom

TSMC's Q2 2026 net profit soared 77.4% to a record NT$706.56 billion on $40.2 billion in revenue — the clearest proof yet that the AI boom is real, paid-for, and printing cash.