SoftBank subsidiary to work with Intel on next-gen memory for AI

Saimemory, a subsidiary of multinational investment giant SoftBank, has signed a collaboration agreement with American chipmaker Intel Corp. to advance the commercialization of next-generation memory technology, the companies announced Tuesday. The partnership focuses on next-generation memory technologies that can support the growing demands of artificial intelligence and high-performance computing. The effort is currently known as…

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Nvidia earnings beat, Asian chips stocks, tech

A view of Tokyo’s skyline on July 27, 2021 in Tokyo, Japan. Julian Finney | Getty Images Sport | Getty Images Asian chip shares rose at the open Thursday after Nvidia delivered stronger-than-expected earnings and issued a bullish forecast that reinforced confidence in the global AI trade. Shares of the chip giant jumped more than…

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