AMD specific news
Qualcomm, Nvidia, AMD and Intel plunge up to 15% as hot US inflation data dents AI rally sentimentedit
Marvell Technology, Intel, Micron Technology, and other chip stocks, which had powered the recent rally in the US stock market, came under sharp selling pressure on Tuesday, 12 May, as a hotter-than-expected inflation report and stalled efforts to resolve the Middle East conflict weighed on investor sentiment. Leading the losses was Qualcomm, which plunged 15% to $202.50 apiece. It was followed by Intel, Micron Technology, Marvell Technology, and Advanced Micro Devices, all of which fell over 6%.
Publication: Live Mint
Competition in news
MediaTek Dimensity 9600 Leak Hints at Apple Level Performance: Could Bring Console Like Gaming Featuresedit
A fresh leak from tipster Digital Chat Station claims the upcoming Dimensity 9600 could be MediaTek s first 2nm smartphone chipset, and if the early details are accurate, the company may be aiming directly at both Qualcomm and Apple this time.
Publication: Gizbot
Nvidia’s Jensen Huang to join Trump s China visit: Reportedit
Nvidia chief executive officer Jensen Huang Nvidia CEO Jensen Huang will join over a dozen U.S. CEOs on President Donald Trump s visit to China this week, two sources familiar with the matter told Reuters on Wednesday. Huang did not appear on an initial list of executives provided by the White House earlier this week.
Publication: Money Control
NVIDIA Commits $40 Billion to AI Investments in 2026 as OpenAI Emerges as Major Beneficiaryedit
Hot News NVIDIA Commits $40 Billion to AI Investments in 2026 as OpenAI Emerges as Major Beneficiary The investment surge positions NVIDIA not only as the dominant supplier of AI computing hardware but also as one of the most aggressive financial backers of the rapidly expanding artificial intelligence ecosystem. NDM News Network
Publication: Digital Terminal
Partner in news
HP India supply chain can tide over chip shortage: MD Ipsita Dasguptaedit
HP India’s domestic and international supply chains have built enough flexibility and resilience over the years to tide over the current memory chip supply shortage, despite the unprecedented situation that has led to escalating costs, the company’s managing director and senior vice-president for India, Sri Lanka, and Bangladesh markets, Ipsita Dasgupta, said.
Publication: Business Standard
Industry news
AI can add $1 trillion to India s GDP by 2035, funding for AI companies doubles to $1.3 billion: OpenAIZ47 reportedit
Report says India has become the world’s second largest AI consumer market with more than 100 million weekly ChatGPT users and rising enterprise adoption. Artificial intelligence AI can add $1 trillion to India s GDP by 2035 India is 2ndlargest AI market with 100M ChatGPT users
Publication: Money Control
TSMC Approves Fresh $20 Bn for Arizona Chip Plant, $31.3 Bn for Future Fabsedit
At a recent board of directors meeting in Taiwan’s Hsinchu, Taiwan Semiconductor Manufacturing Company (TSMC) approved more than $51 billion in new investments, including a $31.3 billion capital appropriation and a further $20 billion injection into its wholly-owned Arizona subsidiary.
Publication: Analytics India Mag
Google announces Googlebook, a new laptop category built around Gemini Intelligenceedit
There are no devices to buy yet and no core specifications to speak of, but the announcement gives a clear enough picture of where Google wants to take the laptop Devices are expected to arrive this fall, likely sometime between September and November 2026
Publication: The Times of India
IT firms shifting away from manpower-based traditional billing modelsedit
The company said enterprises were moving beyond isolated AI use cases towards embedding intelligence across operations, decision-making and business workflows. Infosys highlighted AI-led legacy modernisation work during the quarter.
Publication: The New Indian Express
Google announces Googlebook, a new laptop category built around Gemini Intelligenceedit
There are no devices to buy yet and no core specifications to speak of, but the announcement gives a clear enough picture of where Google wants to take the laptop Devices are expected to arrive this fall, likely sometime between September and November 2026
Publication: The Times of India
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