Chip

Arm Holdings, a UK-based company, plans to develop an AI chip and unveil the first product by 2025. The company intends to establish a dedicated division for AI chips and plans to have a prototype ready by spring 2025, as reported by Nikkei…

Samsung Electronics will cut memory chip production after estimating a 96% drop in its quarterly operating profit. The chip-making giant said sales had dropped sharply due to a slow global economy and less demand after Covid.…