As Intel's recent challenges continue, the company just sold its 1.18 million share stake in Arm Holdings during Q2, as revealed in a recent regulatory filing, according to Reuters. The sale potentially generated around $146.7 million for Intel, based on Arm's average stock price between April and June. The company recently announced plans to reduce its workforce by over 15% (about 15,000 jobs) and suspend dividend payments, reflecting a downturn in traditional data center semiconductor demand and a shift towards AI chips, a sector where Intel trails competitors like NVIDIA.

CEO Pat Gelsinger is steering Intel towards developing advanced AI chips and expanding its contract manufacturing capabilities, aiming to regain ground lost to Taiwan's TSMC, the industry's leading contract chipmaker. This strategic pivot has increased costs and squeezed profit margins, necessitating cost-cutting measures.

Akeana, the company committed to driving dramatic change in semiconductor IP innovation and performance, has announced its official company launch approximately three years after its foundation, having raised over $100 million in capital, with support from A-list investors including Kleiner Perkins, Mayfield, and Fidelity. Today's launch marks the formal availability of the company's expansive line of IP solutions that are uniquely customizable for any workload or application.

Formed by the same team that designed Marvell's ThunderX2 server chips, Akeana offers a variety of IP solutions, including microcontrollers, Android clusters, AI vector cores and subsystems, and compute clusters for networking and data centers. Akeana moves the industry beyond the status quo of legacy vendors and architectures, like Arm, with equitable licensing options and processors that fill and exceed current performance gaps.

AMD today announced the completion of its acquisition of Silo AI, the largest private AI lab in Europe. The all-cash transaction valued at approximately $665 million furthers the company's commitment to deliver end-to-end AI solutions based on open standards and in strong partnership with the global AI ecosystem. Silo AI brings a team of world-class AI scientists and engineers to AMD experienced in developing cutting-edge AI models, platforms and solutions for large enterprise customers including Allianz, Philips, Rolls-Royce and Unilever. Their expertise spans diverse markets and they have created state-of-the-art open source multilingual Large Language Models (LLMs) including Poro and Viking on AMD platforms. The Silo AI team will join the AMD Artificial Intelligence Group (AIG), led by AMD Senior Vice President Vamsi Boppana.

"AI is our number one strategic priority, and we continue to invest in both the talent and software capabilities to support our growing customer deployments and roadmaps," said Vamsi Boppana, AMD senior vice president, AIG. "The Silo AI team has developed state-of-the-art language models that have been trained at scale on AMD Instinct accelerators and they have broad experience developing and integrating AI models to solve critical problems for end customers. We expect their expertise and software capabilities will directly improve the experience for customers in delivering the best performing AI solutions on AMD platforms."

TrendForce's latest report on enterprise SSDs reveals that a surge in demand for AI has led AI server customers to significantly increase their orders for enterprise SSDs over the past two quarters. Upstream suppliers have been accelerating process upgrades and planning for 2YY products—slated to enter mass production in 2025—in order to meet the growing demand for SSDs in AI applications.

TrendForce observes that increased orders for enterprise SSDs from AI server customers have resulted in contract prices for this category rising by over 80% from 4Q23 to 3Q24. SSDs play a crucial role in AI development. In AI model training, SSDs primarily store model parameters, including evolving weights and deviations.

The demand for AI accelerators is going strong, and the world's largest semiconductor manufacturer, TSMC, has just confirmed that with its July 2024 revenue report. According to its latest July 2024 data, TSMC has reported a consolidated revenue of NT$256.95 billion, or about $7.94 billion at the time of writing. This represents a massive 23.6% jump from June 2024 and a 44.7% from July 2023, when revenue came in at NT$207.869 billion and NT$177.616 billion, respectively. For revenue throughout the year, measured from January to July, TSMC booked NT$1.523 trillion, or about $47 billion at the current rate. For this 7-month period, TSMC's revenue has increased by 30.5% Year-on-Year (YoY), showing great demand and an uptick in the company's production capabilities.

Of course, this is possible thanks to the massive demand driving AI chip sales from various startups and established giants like NVIDIA and AMD. Another vital customer for TSMC is Apple, which produces smartphone and Mac chips at Taiwanese facilities. The solid financial results from TSMC suggest that other fabless chip designers in its ecosystem may also experience positive outcomes in their earnings. It's worth noting that the semiconductor supply chain operates on a long-term planning basis, with arrangements made months in advance. As such, we can expect advanced silicon solutions to reach new customers in the coming months, further driving growth in the sector.

AIC, a global leader in design and manufacturing of industrial-strength servers, in partnership with Unigen Corporation has launched the EB202-CP-UG, an ultra-efficient Artificial Intelligence (AI) inference server boasting over 400 trillion operations per second (TOPS) of performance. This innovative server is designed around the robust EB202-CP, a 2U Genoa-based storage server featuring a removable storage cage. By integrating eight Unigen Biscotti E1.S AI modules in place of standard E1.S SSDs, AIC is offering a specialized configuration for AI, the EB202-CP-UG—an air-cooled AI inference server characterized by an exceptional performance-per-watt ratio that ensures long-term cost savings.

"We are excited to partner with AIC to introduce innovative AI solutions," said Paul W. Heng, Founder and CEO of Unigen. "Their commitment to excellence in every product, especially their storage servers, made it clear that our AI technology would integrate seamlessly."

Despite recent rumors speculating on NVIDIA's supposed cancellation of the B100 in favor of the B200A, TrendForce reports that NVIDIA is still on track to launch both the B100 and B200 in the 2H24 as it aims to target CSP customers. Additionally, a scaled-down B200A is planned for other enterprise clients, focusing on edge AI applications.

TrendForce reports that NVIDIA will prioritize the B100 and B200 for CSP customers with higher demand due to the tight production capacity of CoWoS-L. Shipments are expected to commence after 3Q24. In light of yield and mass production challenges with CoWoS-L, NVIDIA is also planning the B200A for other enterprise clients, utilizing CoWoS-S packaging technology.

Western Digital, a leader in Flash and HDD data storage, is unveiling groundbreaking solutions and technology demonstrations at FMS 2024 that raise the bar for performance, capacity and efficiency for transformative AI Data Cycle workloads. These innovations cater to diverse market segments from hyperscale cloud to automotive and consumer storage. Attendees will also gain insights from a keynote address by Rob Soderbery, executive vice president and general manager of Western Digital's Flash Business Unit, on Tuesday at 3 PM. During the keynote, Soderbery will delve into the strategic advancements propelling the future of NAND, AI and data storage from the data center to the edge.

"As AI technologies advance and become increasingly embedded in the world around us, the demand for storage will only continue to grow," said Soderbery. "Western Digital's product and technology roadmaps are strategically aligned to ensure our customers have the most advanced, reliable solutions to stay ahead in the rapidly changing AI landscape. This holistic approach ensures that our customers receive the most power-efficient, high-performing and high-capacity solutions tailored to their specific needs. We are excited to showcase our full range of products and new technologies and demonstrate how they can transform AI now and into the future."

Today, Google has announced that it will discontinue all of its Chromecast products, as the company is transitioning to the Google TV Streamer, which offers a very different form factor to its Chromecast products. Over the past 11 years, Google has sold some 100 million Chromecasts over a handful of different generations of products with quite different feature sets. The most recent addition launched in 2022 and Google has promised to continue to support the latest generations of Chromecast devices for now, although the company didn't say for how long.

The Google TV Streamer moves away from the HDMI dongle design, which some might see as a mistake by the company, but those wanting a set-top-box type device will on the other hand be pleased. The white (porcelain) or grey (hazel) slate isn't the most attractive design maybe, somewhat due to the choice of colours by Google, but it's what's on the inside that counts, right? Although Google didn't reveal the CPU used, the company claims the Google TV Streamer is 22 percent faster than the Chromecast with Google TV, comes with 4 GB of RAM and more importantly, it has 32 GB of built-in storage, compared to 8 GB for its latest generation of Chromecast devices.

Intel today announced that its lead products on Intel 18A, Panther Lake (AI PC client processor) and Clearwater Forest (server processor), are out of the fab and have powered-on and booted operating systems. These milestones were achieved less than two quarters after tape-out, with both products on track to start production in 2025. The company also announced that the first external customer is expected to tape out on Intel 18A in the first half of next year.

"We are pioneering multiple systems foundry technologies for the AI era and delivering a full stack of innovation that's essential to the next generation of products for Intel and our foundry customers. We are encouraged by our progress and are working closely with customers to bring Intel 18A to market in 2025." -Kevin O'Buckley, Intel senior vice president and general manager of Foundry Services

Qualcomm Technologies, Inc. today announces the Snapdragon 4s Gen 2 Mobile Platform - designed to make 5G more accessible and reliable. This new platform is another example of how Qualcomm is committed to engineering human progress, pioneering the global transition from 4G to 5G to empower communities and industries alike. Snapdragon 4s Gen 2 is also packed with feature-rich enhancements, including robust CPU performance for seamless multitasking and productivity, dual band navIC for better position accuracy, AI-enhanced audio, and entertainment experiences like smooth gameplay and powerful video streaming.


"The Snapdragon 4s Gen 2 Mobile Platform is a significant leap forward in making 5G technology more accessible, so more people can navigate the world at 5G speeds," said Chris Patrick, senior vice president and general manager of mobile handsets, Qualcomm Technologies, Inc. "Thanks to cutting-edge engineering, we balanced affordability with strong performance and all-day battery life, as well as widespread access to 5G for more enhanced mobile experiences."

NEO Semiconductor, a leading developer of innovative technologies for 3D NAND flash memory and 3D DRAM, announced today the development of its 3D X-AI chip technology, targeted to replace the current DRAM chips inside high bandwidth memory (HBM) to solve data bus bottlenecks by enabling AI processing in 3D DRAM. 3D X-AI can reduce the huge amount of data transferred between HBM and GPUs during AI workloads. NEO's innovation is set to revolutionize the performance, power consumption, and cost of AI Chips for AI applications like generative AI.

AI Chips with NEO's 3D X-AI technology can achieve:

• 100X Performance Acceleration: contains 8,000 neuron circuits to perform AI processing in 3D memory.
• 99% Power Reduction: minimizes the requirement of transferring data to the GPU for calculation, reducing power consumption and heat generation by the data bus.
• 8X Memory Density: contains 300 memory layers, allowing HBM to store larger AI models.

NVIDIA may face delays in releasing its newest artificial intelligence chips due to design issues, according to anonymous sources involved in chip and server hardware production cited by The Information. The delay could extend to three months or more, potentially affecting major customers such as Meta, Google, and Microsoft. An unnamed Microsoft employee and another source claim that NVIDIA has already informed Microsoft about delays affecting the most advanced models in the Blackwell AI chip series. As a result, significant shipments are not expected until the first quarter of 2025.

When approached for comment, an NVIDIA spokesperson did not address communications with customers regarding the delay but stated that "production is on track to ramp" later this year. The Information reports that Microsoft, Google, Amazon Web Services, and Meta declined to comment on the matter, while Taiwan Semiconductor Manufacturing Company (TSMC) did not respond to inquiries.

NVIDIA has reportedly been hit with a US Department of Justice (DOJ) antitrust probe over the tactics the company allegedly employs to sell or lease its AI GPUs and data-center networking equipment, "The Information" reported. Shares of the NVIDIA stock fell 3.6% in the pre-market trading on Friday (08/02). The main complainants behind the probe appear to be a special interest group among the customers of AI GPUs, and not NVIDIA's competitors in the AI GPU industry per se. US Senator Elizabeth Warren and US progressives have been most vocal about calling upon the DOJ to investigate antitrust allegations against NVIDIA.

Meanwhile, US officials are reportedly reaching out to NVIDIA's competitors, including AMD and Intel, to gather information about the complaints. NVIDIA holds 80% of the AI GPU market, while AMD, and to a much lesser extent, Intel, have received spillover demand for AI GPUs. "The Information" report says that the complaint alleges NVIDIA pressured cloud customers to buy "multiple products". We don't know what this means, one theory holds that NVIDIA is getting them to commit to buying multiple generations of products (eg: Ampere, Hopper, and over to Blackwell); while another holds that it's getting them to buy multiple kinds of products, which include not just the AI GPUs, but also NVIDIA's first-party server systems and networking equipment. Yet another theory holds that it is bundle first-party software and services to go with the hardware, far beyond the basic software needed to get the hardware to work.

The newest leak from X (formerly Twitter) has detailed five Intel Granite Rapids SKUs, including the 6980P, 6979P, 6972P, 6952P, and the 6960P. Featuring up to 128 CPU cores and up to 504 MB of cache, these show that Intel Granite Rapids will double the amount of cores compared to the Emerald Rapids SKUs.

The newest leak coming from Jaykihn over at X, following the previous leak that detailed the most powerful SKU. The 6980P will pack 128 cores, pack 504 MB of cache, have a 2.0 GHz base frequency and a massive 500 W TDP rating. The rest of the SKUs have lower core count, ending with the 6960P, which comes with 72 cores, 432 MB of cache, but also a higher 2.7 GHz base frequency.

Apple today announced financial results for its fiscal 2024 third quarter ended June 29, 2024. The Company posted quarterly revenue of $85.8 billion, up 5 percent year over year, and quarterly earnings per diluted share of $1.40, up 11 percent year over year. "Today Apple is reporting a new June quarter revenue record of $85.8 billion, up 5 percent from a year ago," said Tim Cook, Apple's CEO. "During the quarter, we were excited to announce incredible updates to our software platforms at our Worldwide Developers Conference, including Apple Intelligence, a breakthrough personal intelligence system that puts powerful, private generative AI models at the core of iPhone, iPad, and Mac. We very much look forward to sharing these tools with our users, and we continue to invest significantly in the innovations that will enrich our customers' lives, while leading with the values that drive our work."

"During the quarter, our record business performance generated EPS growth of 11 percent and nearly $29 billion in operating cash flow, allowing us to return over $32 billion to shareholders," said Luca Maestri, Apple's CFO. "We are also very pleased that our installed base of active devices reached a new all-time high in all geographic segments, thanks to very high levels of customer satisfaction and loyalty."

It feels that only a few days have passed since we announced the HatDrive! Nano, and there is much more in the pipeline that we're excited to share with you! Today, though, we have our Pineboards Ai Bundle (Hailo 8L) to whet your ever-hungry AI appetites, and we think you're going to love it.

Combining an M.2 2280 M-Key NVMe connection with an M.2 2230 A/E-Key connection pre-loaded with a Hailo-8L on a bottom-mounted Raspberry Pi 5 HAT enables you to get your AI fix whilst also being able to boot and make use of fast NVMe storage. This builds on the success of our ever-popular Raspberry Pi 5 AI HAT and Google Coral combinations, but massively bumps the processing power, enabling you to do so much more!

Qualcomm CEO Cristiano Amon has announced plans to introduce Snapdragon X-powered PCs at a groundbreaking price point of $700 by next year. This revelation, made during the company's recent third-quarter earnings call, signals a significant shift in the accessibility of high-performance Arm-based computers. Currently, the most affordable Snapdragon X laptops on the market, such as the Microsoft Surface Pro and Surface Laptop, retail for $999. The $700 price tag prospect represents a substantial reduction, potentially opening up the technology to a broader consumer base. The only "affordable" Snapdragon X-based PC is the Snapdragon Dev Kit, with a price point of $899. However, the entire laptop solution is still more expensive. Mr. Amon emphasized that despite the lower cost of the potential $700 units, these upcoming devices will maintain neural processing unit (NPU) performance. This commitment suggests that Qualcomm is confident in its ability to optimize costs without sacrificing the advanced capabilities that have made Snapdragon X chips appealing to power users and developers alike.

While specific details about the hardware configurations remain undisclosed, it is interesting to see what steps Qualcomm will take to deliver on this promise. If the company can provide 8-core chips with 16 GB of RAM to the masses for $700, the industry would likely react very well, especially students who require decent computing capabilities on the go, if the $700 PC ends up being a laptop. The announcement also hinted at an expansion of Qualcomm-powered computers, with new models expected to debut at the upcoming IFA tech conference. These additions will likely bolster the selection of Microsoft Copilot+ PCs, further integrating AI capabilities into everyday computing experiences. The CEO also noted, "We expect PC to be the next biggest driver of diversification for the company," with some Snapdragon X PC already being sold out. The demand appears to be strong, and undercutting competition on pricing is an ideal way to get as many customers on board as possible.

Kioxia Corporation, a world leader in memory solutions, today announced that the building construction of Fab2 (K2) of its industry-leading Kitakami Plant was completed in July. K2 is the second flash memory manufacturing facility at the Kitakami Plant in the Iwate Prefecture of Japan. As demand is recovering, the company will gradually make capital investments while closely monitoring flash memory market trends. Kioxia plans to start operation at K2 in the fall of Calendar Year 2025.

In addition, some administration and engineering departments will move into a new administration building located adjacent to K2 beginning in November 2024 to oversee the operation of K2. A portion of investment for K2 will be subsidized by the Japanese government according to the plan approved in February 2024.

Qualcomm has started accepting preorders for its Snapdragon Dev Kit for Windows, based on the Snapdragon X Elite processor. Initially announced in May, the device is now available for preorder through Arrow at a competitive price point of $899. Despite its relatively high cost compared to typical mini PCs, it undercuts most recent laptops equipped with Snapdragon X processors, making it an attractive option for both developers and power users alike. Measuring a mere 199 x 175 x 35 mm, it comes equipped with 32 GB of LPDDR5x RAM, a 512 GB NVMe SSD, and support for the latest Wi-Fi 7 and Bluetooth 5 technologies. The connectivity options are equally robust, featuring three USB4 Type-C ports, two USB 3.2 Type-A ports, an HDMI output, and an Ethernet port.

This mini PC's heart lies the Snapdragon X Elite (X1E-00-1DE) processor. This chip houses 12 Oryon CPU cores capable of reaching speeds up to 3.8 GHz, with a dual-core boost potential of 4.3 GHz. The processor also integrates Adreno graphics, delivering up to 4.6 TFLOPS of performance, and a Hexagon NPU capable of up to 45 TOPS for AI tasks. While similar to its laptop counterpart, the X1E-84-100, this version is optimized for desktop use. It can consume up to 80 watts of power, enabling superior sustained performance without the constraints of battery life or heat dissipation typically associated with mobile devices. This dev kit is made primarily to optimize x86-64 software to run on the Arm platform; hence, removing the power limit is beneficial for translating the code to Windows on Arm. The Snapdragon Dev Kit for Windows ships with a 180 W power adapter and comes pre-installed with Windows 11, making it ready for immediate use upon arrival.

Ampere has announced a significant update to its product roadmap, highlighting the upcoming 512-core AmpereOne Aurora processor. This new chip is specifically designed to address the growing demands of cloud-native AI computing.

The newly announced AmpereOne Aurora 512 cores processor integrates AI acceleration and on-chip High Bandwidth Memory (HBM), promising three times the performance per rack compared to current AmpereOne processors. Aurora is designed to handle both AI training and inference workloads, indicating Ampere's commitment to becoming a major player in the AI computing space.

ScaleFlux, a leader in developing storage and memory technologies, marks its 10th anniversary by sampling its latest NVMe SSDs, the CSD5000 series. Purpose-built for the AI Era, CSD5000 is designed to alleviate bottlenecks in the AI/ML, Cloud, and Data Center computing infrastructure. Getting jobs on and off the GPUs and CPUs rapidly is crucial to reaching optimal utilization of the infrastructure for AI/ML, HPC, AI analytics, and cloud-native computing. "To enable high xPU utilization levels, the storage devices must be up to the tasks of reliably delivering massive amounts of data at blinding speeds and of rapidly and securely storing the checkpoints and outputs, all in a power-efficient manner - exactly what the CSD5000 was designed to do," said ScaleFlux CEO, Hao Zhong. Coinciding with the company's 10th anniversary, this release highlights a decade of remarkable achievements and sets the stage for an exciting future of continued growth and technological advancements.

Introducing the CSD5000: A New Chapter in SSD Storage
Built on the ScaleFlux FX5016 PCIe 5 SSD controller, the CSD5000 series sets a new bar for SSD performance, capacity density, efficiency, and feature set. Expanding upon the innovative write reduction technology and capacity expansion features from the previous generations of ScaleFlux drives, CSD5000 brings unrivaled capabilities to data storage.

Samsung Electronics today reported financial results for the second quarter ended June 30, 2024. The Company posted KRW 74.07 trillion in consolidated revenue and operating profit of KRW 10.44 trillion as favorable memory market conditions drove higher average sales price (ASP), while robust sales of OLED panels also contributed to the results.

Memory Market Continues To Recover; Solid Second Half Outlook Centered on Server Demand
The DS Division posted KRW 28.56 trillion in consolidated revenue and KRW 6.45 trillion in operating profit for the second quarter. Driven by strong demand for HBM as well as conventional DRAM and server SSDs, the memory market as a whole continued its recovery. This increased demand is a result of the continued AI investments by cloud service providers and growing demand for AI from businesses for their on-premise servers.

According to sources close to Bloomberg, Intel plans to cut 10,000 jobs from its global workforce. The news comes amid heavy pressure on the semiconductor giant, which has been on a steady decline over the years, while other industry rivals like AMD and NVIDIA have been rising and taking market share in various areas from Intel. It is reported that Intel currently has 110,000 employees globally, and reducing the workforce by 10,000 would net Intel around 100,000 global employees left. These figures exclude employees from spun-out units like Altera FPGA company, which is under Intel's ownership. Intel's aim to reduce its workforce is expected to come with a significant cost benefit to the company, with projected savings of $10 billion by 2025.

The news isn't yet official, but it is expected to see the light of the day as soon as this week. As Intel's CEO Pat Gelsinger invests heavily into the fab construction and development of next-generation products, there have been a few notes that Intel would have to overcome some challenges shortly to reach its long-term goals like more advanced silicon manufacturing facilities and new products for AI/HPC and client sector. One of those short-term measures is reducing the workforce to cut down expenses. Intel has reduced its workforce before. In 2022, the company announced reduced spending in non-critical areas and reducing the workforce, and in 2023, cut the workforce by 5% to 124,800 employees last year, only to be left with 110,000 employees in 2024.

Intel has officially confirmed the upcoming Core Ultra 200V "Lunar Lake" CPU generation is arriving on September 3rd. The official media alert states: "Ahead of the IFA 2024 conference, join Michelle Johnston Holthaus, Intel executive vice president and general manager of the Client Computing Group, and Jim Johnson, senior vice president and general manager of the Client Business Group, and Intel partners as they launch the next generation of Intel Core Ultra processors, code-named Lunar Lake. During the livestreamed event, they will reveal details on the new processors' breakthrough x86 power efficiency, exceptional core performance, massive leaps in graphics performance and the unmatched AI computing power that will drive this and future generations of Intel products."

With IFA happening in Berlin from September 6th to 10th, Intel's Lunar Lake launch is also happening in Berlin just a few days before, on September 3rd at 6 p.m. CEST (9 a.m. PDT). We expect to see nine SKUs: Core Ultra 9 288V, Core Ultra 7 268V, Core Ultra 7 266V, Core Ultra 7 258V, Core Ultra 7 256V, Core Ultra 5 238V, Core Ultra 5 236V, Core Ultra 5 228V, and Core Ultra 5 226V. All of the aforementioned models feature four P-cores and four E-cores, with varying Xe2 GPU core counts and clocks. We also expect to see Intel present its design wins and upcoming Lunar Lake devices like laptops during the launch.