Techmeme.com, a technology news aggregator, is a must-read site for anyone that wants to know what’s happening in the technology industry and below is a summary of such news related to some of the AI-related companies in our various MunAiMarkets portfolios. If you would like to subscribe to their daily newsletter from which we provide the following information, please go here.

September 12th

• • Infineon says it has developed 300mm gallium nitride wafers, which can produce 2.3x more chips than 200mm wafers and speed their adoption for AI applications (Debby Wu / Bloomberg)
  • Intel’s board to take a look at the tough options, including scaling back factory projects, selling off subsidiaries, or splitting Intel’s core operations (Ian King / Bloomberg)

September 10th

• • Microsoft says it has demonstrated, with Quantinuum, logical operations with the largest number of error-corrected qubits yet, and partners with Atom Computing (John Timmer / Ars Technica)
  • Oracle shares are up 50%+ YTD, well outpacing the Nasdaq’s 14% rise, as the 47-year-old company becomes an attractive cloud-computing provider for AI developers (Tom Dotan / Wall Street Journal)

September 9th

• • AMD plans a unified UDNA GPU architecture, bringing RDNA for consumer GPUs and CDNA for data center GPUs together, as it hopes to rival Nvidia’s CUDA ecosystem (Paul Alcorn / Tom’s Hardware)
  • Oracle reports Q1 revenue of $13.31B, up 7% YoY, vs. $13.23B est., with revenue from cloud infrastructure of $2.2B, up 45% YoY; ORCL jumps 8%+ after hours (Jordan Novet / CNBC)

September 6th

• • Qualcomm has explored acquiring portions of Intel’s design business, especially Intel’s client PC design business, as Intel struggles to generate cash (Reuters)
  • TSMC achieved production yields at its Arizona facility on par with established plants in Taiwan and plans to start mass production in Arizona in 2025 (Debby Wu / Bloomberg)
  • Tower Semiconductor plans to invest ~$10B for a chip plant in Maharashtra, India; the plant will have an initial capacity of 40K wafers per month (Reuters)

September 5th

• • Broadcom reports Q3 revenue up 47% YoY to $13.07B, vs. $12.96B est., and forecasts Q4 revenue of $14B, vs. $14.13B est.; AVGO drops 7%+ after hours. (Larry Dignan / Constellation Research)
  • Intel is considering selling part of its 88% stake in Mobileye, and is also exploring options for its Network and Edge enterprise networking division (Bloomberg)