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The UK’s Competetion and Markets Authority has approved Broadcom’s $61 billion acquisition of VMware, but the deal still faces hurdles, including Chinese regulatory approval.
Cisco was eager to talk up an eased supply chain situation and strong demand for hyperscale AI technology in its fourth quarter earnings call this week.
Cisco has made nine acquisitions this year to reinforce everything from BGP support, security and application performance to AI development
The pact to set up a manufacturing plant in Dresden and form a new company is part of a general move by global chip makers to build plants in the West and shore up supply chains.
Five Arm-dependent semiconductor manufacturers including Qualcomm, NXP, and Infineon are launching a RISC-V joint venture.
CoreWeave, a specialized, AI-focused cloud provider offering high performance compute services, has landed a whopping $2.3 billion in debt financing from several private equity firms.
Eight months after launching an investigation into whether the deal would reduce competition in the UK, the CMA has provisionally cleared the acquisition.
Broadcom’s bid to buy up VMware clears a key regulatory hurdle with the conditional approval of EU authorities.
A new report from China’s Ministry for Industry and Information Technology states that the country’s manufacturing abilities are less advanced than other countries and improvement is needed across three core industries.
The Biden administration is reportedly considering placing new restrictions on the export of AI chips to China, in a move that could specifically target products previously compliant with the rules.