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Retym, a U.S. chipmaker with Israeli roots, has raised a fresh $75 million series D led by James Kuklinski of Spark Capital. Existing investors — Mayfield’s Navin Chaddha and Kleiner Perkins’ Mamoon Hamid — also participated, bringing its total raised to $180 million, it says. Retym is another startup benefiting from AI’s glow-up. It’s chips … Read more
A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in Beijing, China. Vcg | Visual China Group | Getty Images Taiwan investigators on Friday alleged that Chinese chipmaker Semiconductor Manufacturing International Co. (SMIC) illegally recruited high-technology talent. Taiwan’s Ministry of Justice Investigation Bureau (MIJB) … Read more
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Cerebras says its U.S.-hosted DeepSeek service is the fastest out there. Read More
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. Stocks tanked Monday as Chinese startup DeepSeek’s lower-cost AI model sent shockwaves through the tech sector. Semiconductor stocks led the decline with Nvidia and Broadcom both dropping 13%. Investors … Read more
Nvidia’s VP of government affairs, Ned Finkle, released a seven-paragraph statement critical of the rule. Read More
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