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Nvidia Corp (NASDAQ: NVDA) stock is trading higher Wednesday amid reports of the artificial intelligence kingpin taking significant strides in securing High Bandwidth Memory (HBM) by making substantial advance payments to SK Hynix and Micron Technology, Inc (NASDAQ: MU), totaling billions. The move aims to ensure a stable supply of HBM3e for forthcoming GPU products scheduled for 2024, indicating Nvidia's proactive strategy in a highly competitive market, Digitimes reports. This substantial prep ....
Brite Semiconductor: In a letter dated Wednesday, first reported by Reuters, Rubio said the fact that Brite and other Chinese technology companies have relatively free access to American technology shows that the current export-control scheme is allowing China s rise as a technological power. ....
Micron Technology: "Demand for AI servers has been strong as data center infrastructure operators shift budgets from traditional servers to more content-rich AI servers," Micron CEO Sanjay Mehrotra said. ....
The agreement comes during South Korean President Yoon Suk-yeol’s tour of the Netherlands, as he becomes the first Korean leader to visit the European nation since 1961, in hope of forging a ‘chip alliance’. ....
ASML and Samsung later agreed to "jointly in the future" invest in the facility that would "develop cutting-edge semiconductor processing technology using next-generation EUV (extreme ultraviolet) equipment". ....