Sources: Musk requires banks seeking roles in SpaceX's IPO to subscribe to Grok and advertise on X; some banks are spending tens of millions integrating Grok — Mr. Musk is requiring Wall Street firms to purchase subscriptions to his A.I. chatbot if they want to advise on one of the largest initial public offerings in history.
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Chinese semiconductor companies like SMIC reported record 2025 revenue, driven by AI demand and China's self-sufficiency push as a result of US restrictions — Chinese semiconductor firms have reported record revenue last year driven by AI demand, a shortage of memory chips and U.S. export restrictions …
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Sources: Huawei's Ascend 950PR chip, set for mass production soon, saw prices rise 20% after Chinese tech giants placed bulk orders to run DeepSeek's V4 model — When DeepSeek introduces its next-generation model, likely in the next few weeks, it will mark a milestone in China's yearslong quest for semiconductor self-sufficiency.
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Tower Semiconductor's market cap tops $20B, four years after a near-sale to Intel for $5B; shares are up ~60% over the past month and ~525% over the past year — Once overlooked, the company is now central to investor expectations around AI. — Four years ago, Tower Semiconductor was nearly sold to Intel for $5 billion.
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Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 — Israeli firm seeks critical funding through a SPAC merger amid mounting market pressures. — Israeli chip company Hailo …
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