Trump announces trade deal with EU following months of negotiations
Investing.com -- STMicroelectronics, a global semiconductor leader, announced on Thursday its plans to introduce a new computer chip specifically designed for the rapidly growing AI data center equipment market. The development is a joint effort with Amazon (NASDAQ:AMZN)’s web services arm, AWS.
The move comes as top U.S. software companies are set to invest $500 billion in AI infrastructure through the Stargate venture.
The growing demand is not only for specialized computing chips like those produced by Nvidia (NASDAQ:NVDA), but also for chips used in memory, power, and communications applications.
STMicroelectronics is aiming at the communications market with a photonics chip, a chip that utilizes light instead of electricity.
This new type of chip is designed to improve speed and lower power consumption in converters, known as transceivers, which are vital components in advanced AI data centers and are used in hundreds of thousands.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.