Telcos, Media & Tech
Nvidia sets US$4 million target cash bonus for CEO Huang under fiscal 2027 plan
The world’s most valuable company says that it expects fiscal first-quarter sales of US$78 billion, plus or minus 2%
Oracle and OpenAI end plans to expand flagship data centre
Both companies are using Nvidia’s AI semiconductors at the Stargate site
SoftBank seeks record loan of up to US$40 billion for OpenAI stake
The size of SoftBank’s bet has spooked market observers
Oracle plans thousands of job cuts in face of AI cash crunch
The high up-front costs of AI have fuelled cuts across the tech industry
US mulls new rules for AI chip exports, including requiring investments by foreign firms in the US
Even small chip installations of fewer than 1,000 chips could require a license
China’s top chip bosses urge supportive policies to create ‘China’s ASML’
The country faces bottlenecks in EDA and basic materials, along with EUV machines
OpenAI tops US$25 billion in annualised revenue, The Information reports
It is laying the groundwork for an IPO that could value it at up to US$1 trillion
Nvidia CEO Huang rules out US$100 billion OpenAI investment
The chipmaking giant has contributed US$30 billion to a massive US$100 billion funding round for OpenAI last month
Broadcom sees over US$100 billion in AI chip sales by 2027 on robust custom chip demand
It announced a new share repurchase programme of up to US$10 billion
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