News That Matters
Author: Crazyrites Editorial TeamDate: October 29, 2026 Samsung Reports Record Profit as AI Chip Shortage Worsens Samsung AI Chip Shortage: Samsung Electronics has reported a record-breaking quarterly profit as demand for artificial intelligence (AI) chips continues to rise worldwide. However, the company has also warned that the global shortage of advanced memory chips could become…
Author: Crazyrites Editorial TeamDate: October 28, 2026 Broadcom Anthropic AI Financing Deal Explained Broadcom Anthropic AI Financing: Broadcom has joined major Wall Street financial institutions in a $63 billion financing arrangement designed to expand Anthropic’s artificial intelligence computing capacity. Announced on October 26, 2026, the deal brings together Broadcom, Bank of America, Blackstone, Citi and…
Published: October 21, 2026Author: Crazyrites Editorial Team Introduction Samsung Electronics and SK Hynix are upgrading their factories in China to produce more advanced memory chips. The move comes as demand for artificial intelligence (AI) infrastructure continues to grow and competition in the global semiconductor industry becomes stronger. According to a Reuters report published on October…
Date: October 12, 2026Author: Crazyrites Editorial Team Introduction Amazon is reportedly in advanced talks to acquire artificial intelligence startup Decart for around $7 billion. If completed, the Amazon Decart AI acquisition would mark a major move in the growing competition for advanced AI technology and computing power. According to a report by The Wall Street…
Crazyrites Editorial TeamSeptember 17, 2026 A group of 10 banks is providing a reported $22 billion AI chip loan to support Crux AI, a new cloud computing venture created by Blackstone and Alphabet as demand for artificial intelligence infrastructure continues to grow. The financing is one of the latest examples of how banks and investors…
Date: September 10, 2026Author: Crazyrites Editorial Team TSMC Reports Record August Revenue Taiwan Semiconductor Manufacturing Co. has reported another strong month as demand for advanced chips continues to rise with the global artificial intelligence boom. The company said August revenue reached NT$514.8 billion, or about US$16.35 billion, marking a 53.3% increase from the same month…
Author: Crazyrites Editorial TeamDate: September 4, 2026 DeepSeek Plans a Huge Huawei Chip Deployment The DeepSeek Huawei chips story is becoming one of the biggest developments in China’s race to build a stronger domestic artificial intelligence industry. DeepSeek is reportedly planning to deploy at least 160,000 of Huawei’s next-generation Ascend 950DT AI accelerators at a…
Date: September 3, 2026Author: Crazyrites Editorial Team Nvidia Makes a Major AI Move The Nvidia Hugging Face Deal has become one of the biggest technology stories of the week. Nvidia has agreed to acquire Hugging Face, a popular platform for artificial intelligence models, datasets and applications, in a transaction valued at approximately $12.93 billion. The…
Date: September 1, 2026Author: Crazyrites Editorial Team MediaTek AI Deal Sends Shares Higher The MediaTek AI Deal has attracted strong investor attention after Nvidia announced a $3.5 billion investment in the Taiwanese chipmaker. MediaTek shares jumped about 10% in Taipei trading on Tuesday, September 1, after the announcement. The move marked a strong reaction from…
