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Lam Research Forecasts Higher Revenue Amid Strong AI Chipmaking Demand

Lam Research has projected second-quarter revenue above Wall Street expectations, driven by surging demand for semiconductor manufacturing tools used in artificial intelligence applications. The Fremont, California-based firm said it expects revenue of around $5.20 billion, plus or minus $300 million, for the quarter ending December 28 — ahead of analysts’ forecasts of $4.81 billion, according […]

NextSilicon Unveils New Processor to Compete with Intel, AMD, and Nvidia

Israeli startup NextSilicon has announced the development of a new central processing unit (CPU) aimed at challenging industry leaders Intel and AMD, while positioning itself as an alternative to Nvidia’s computing systems. The company’s flagship “Maverick-2” chip is already in production and is designed for high-precision scientific computing tasks such as nuclear weapons modeling — […]

OpenAI to Offer UK Data Residency Through Government Partnership

penAI is introducing a new UK data residency option, allowing businesses and government bodies to store their data locally. The initiative, officially announced by Deputy Prime Minister David Lammy, stems from a partnership between OpenAI and the UK Ministry of Justice (MoJ). It aims to enhance privacy, cybersecurity, and national resilience while unlocking greater potential […]