Nvidia Competitor Etched Reaches $5 Billion Valuation, Secures $1 Billion in AI Chip Sales⭐8

Nvidia rival Etched hits $5B valuation after TSMC chip success, with $1B in pre-orders for AI inference systems and $800M total funding.

Why Everyone from OpenAI to SpaceX Is Building Their Own Chips – and Turning Up the Heat on Nvidia⭐6

OpenAI, Google, and SpaceX are developing custom AI chips to reduce reliance on Nvidia, seeking greater control and efficiency.

Cerebras Stock Plunges After Earnings as CEO Says Margin Outlook Was Misunderstood⭐6

Cerebras stock plunges 20% after CEO clarifies misunderstood gross margin forecast; first-quarter revenue jumps 94% to $193M.

Qualcomm Acquires AI Chip Startup Modular for Nearly $4 Billion⭐8

Qualcomm acquires AI chip startup Modular for nearly $4 billion, boosting AI software optimization for mobile, edge, and automotive sectors.