🚀 AI TRENDS | Arm to Sell Proprietary Chips, Targets AI Market
#AI #Arm #Chips #Semiconductors #Meta #TSMC #AGI #CPU #Technology #Innovation #MarketTrends
Arm, known for licensing technology to semiconductor manufacturers, is set to sell its own chips for the first time, aiming to capitalize on the substantial spending in the AI device sector. According to Jin10, Arm announced at an event in San Francisco on Tuesday that Meta will be the primary customer for its new AGI CPU chip. The product is expected to feature up to 136 cores, a measure of processing power, and will consume 300 watts of power. Taiwan Semiconductor Manufacturing Company (TSMC) will handle the production of these chips. Following the announcement, Arm's U.S. stock surged to an intraday high.#AI #Arm #Chips #Semiconductors #Meta #TSMC #AGI #CPU #Technology #Innovation #MarketTrends
🚀 AMD Emerges as Stronger Buy Amid Chip Market Selloff
#AMD #chipmarket #selloff #Intel #investment #HeliosAI #MI450 #revenue #CPU #PCmarkets
AMD is being highlighted as a more favorable investment following a recent selloff in the chip market. According to NS3.AI, the selloff resulted in Intel's shares dropping by 4.5%, while AMD experienced a decline of just under 3%. The positive outlook for AMD is attributed to the anticipated launch of its Helios AI rack and expected MI450 revenue in the third quarter. In contrast, Intel faces a mixed outlook due to ongoing concerns in the CPU and PC markets.#AMD #chipmarket #selloff #Intel #investment #HeliosAI #MI450 #revenue #CPU #PCmarkets