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Crypto

Amodei AI slowdown talk spooks chip stocks while bitcoin rises. Why?

Bitcoin rose even as major U.S. semiconductor stocks fell after calls within the AI industry to slow development for safety reasons. Anthropic CEO Dario Amodei argued for intentionally reducing the pace of AI model performance gains, a view backed by OpenAI CEO Sam Altman and xAI owner Elon Musk. Chip stocks and the Philadelphia Semiconductor Index slid, while bitcoin, ether and XRP advanced. Attention is also on expectations for the U.S. Clarity crypto market-structure bill and Federal Reserve rate signals.

AI & Enterprise

Marvell shares surge 241 percent in a year; CEO cites trust as key to AI chip success

Marvell Technology shares have surged 241 percent over the past year, with long-standing trust built with major technology companies cited as a key driver. CEO Matt Murphy said hyperscaler customers decide deals based on trust across the ecosystem, not only price or performance. Marvell expanded cooperation with Nvidia in March and signed a partnership with Google in August. FactSet expects data centre revenue to rise 60 percent in fiscal 2027 and 61 percent in fiscal 2028.

Industry

Google reuses DDR4 from retired servers for AI equipment amid memory shortage

Google is reusing older DDR4 memory recovered from decommissioned servers in newer AI equipment as a worsening supply crunch hits memory chips, driven by the spread of AI data centres. Google said it remains hard to secure enough chips and called faster capacity expansion by manufacturers the most sustainable solution. Meta and others are also extending older memory use via CXL, though performance limits remain. Researchers and companies forecast further price rises and prolonged shortages.