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Tech giants are spending extravagantly, the AI arms race is heating up, and chip stocks are soaring across the board.
The competition among technology giants in AI hardware is intensifying. This week, amazon claimed it would build the world's largest AI computing cluster, followed closely by Meta announcing a $10 billion AI datacenter. There are also reports that xAI, under Elon Musk, is planning to expand its supercomputer project tenfold...
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Nxp semiconductors (NXPI.US) and taiwan semiconductor (TSM.US) have broken ground on a joint venture chip factory in Singapore.
Nxp semiconductors and the joint venture company, the Singapore factory, has started construction, which may expand in scale.
NXP-Vanguard International JV Breaks Ground on Singapore Plant, May Expand
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