| Mobile Web

Search results for semiconductor

AI & Enterprise

Musk says SpaceX raised $40 billion in debt to buy GPUs, warns neocloud shakeout

SpaceX has completed $40 billion in debt financing to buy graphics processing units for AI data centers, Elon Musk said. Musk said funding is becoming harder to secure, and he expects restructuring in the neocloud sector to accelerate. He said companies without substantial revenue outside AI data centers have effectively lost access to debt markets, and predicted consolidation and closures among more than 200 neocloud firms.

Finance

Korea Investment Trust Management lists first joint ETF with CUAM HK in Hong Kong

Korea Investment Trust Management has listed its first jointly developed exchange-traded fund with China Universal Asset Management\'s Hong Kong unit, CUAM HK, on the Hong Kong Stock Exchange. The CUAM Solactive China & Global Semiconductor ETF tracks a Solactive index and invests across 30 semiconductor and related technology companies, including global firms and China and Hong Kong tech companies. The partners plan to use the ETF Connect scheme and pursue further joint ETFs.

AI & Enterprise

Taiwan\'s secret to becoming a semiconductor powerhouse, as seen by Nvidia\'s Jensen Huang

Nvidia CEO Jensen Huang said Taiwan built global competitiveness in semiconductors through decades of cooperation with foreign companies, government industrial policies and accumulated manufacturing expertise. He said partnerships with European firms helped lay Taiwan\'s technical foundation, tracing early efforts back to the 1950s and the entry of Philips. Huang pointed to the growth of TSMC and ASML, PC market expansion, and sustained investment as key factors.