Search results for MTIA
Crypto
AI infrastructure investment to grow; expectations rise for AI coins on Nvidia tailwind
Nvidia’s market value surpassing $5 trillion is directly affecting the cryptocurrency market as expectations grow for AI-linked tokens. Traders are watching Nvidia’s performance and AI equipment investment trends as key variables for tokens such as Bittensor (TAO), Render (RNDR) and Fetch.ai (FET). Nvidia shares recently traded around $222 to $230 and hit a record close of $236.74 on May 14. Big tech firms are expected to invest $660 billion in AI infrastructure in 2026.
Industry
Korea semiconductors set to accelerate Q2 export momentum as supplementary budget kicks in
South Korea\'s semiconductor exports, which lifted quarterly GDP growth in the first quarter, are expected to gain further momentum in the second quarter as execution of a supplementary budget begins, Hana Securities said. It said rising semiconductor export prices are outpacing the recovery in volumes, raising the chance of a combined rebound in facility investment and domestic demand. It also cited sharp gains in memory chip contract prices and stronger April export values.
AI & Enterprise
Meta to roll out 2-nm MTIA AI chip at scale with Broadcom
Meta Platforms is moving to deploy its next-generation custom AI accelerator, MTIA, built on a 2-nanometre process, in collaboration with Broadcom. It has committed an initial 1 gigawatt of capacity for its data centres, with plans to expand to multiple gigawatts. Broadcom CEO Hock Tan said the product is already shipping and capacity could rise after 2027. Meta aims to reduce dependence on Nvidia and AMD GPUs.
