Arm’s AI ambitions hit supply chain reality despite record revenues Tech Computing giant Arm has spent the last twelve months posing as one of the AI boom’s biggest beneficiaries, but the British chip maker’s latest results exposed that the semiconductor supply chain is lagging behind demand. The Cambridge-born company posted record quarterly revenues of $1.49bn (£1.09bn) and annual revenues of $4.92bn on Wednesday, marking its third [...]
Intel hails highest share price in decade as earnings smash forecasts Tech Intel shares jumped as much as 24.4 per cent on Friday after the chipmaker delivered a strong earnings beat and upbeat outlook, raising hopes of a sustained turnaround. The stock surged in early trading after already climbing more than 20 per cent in after-hours moves, putting it on track for one of its biggest one-day [...]
Arm moves into chips as boss says firm will deliver silicon Tech Arm boss Rene Haas said the company will begin delivering its own chips as it unveiled its first in-house processor, marking a major shift for the UK tech firm. “With today’s announcement, we’re expanding the Arm compute platform to include delivery of production silicon with our Arm AGI CPU,” Haas said. The Cambridge-based company revealed [...]
Half of AI’s most expensive chips are sitting idle, says tech expert March 23, 2026 The artificial intelligence boom, so far, has been defined by a single instinct: build more. More chips, more data centres, more power. Capital expenditure from the world’s largest tech firms is running into the hundreds of billions as they race to scale AI systems. Analysts expect global data centre investment to continue rising sharply, with [...]
Meta strikes AMD chip deal as AI spend continues to boom February 24, 2026 Meta has agreed a multiyear deal to buy up to six gigawatts of AI computing power from AMD, in an agreement valued at more than $100bn (£74.5bn) that could see the social media group take a stake of up to 10 per cent in the US chip giant. The companies said on Tuesday that Meta [...]