SK Hynix evacuates 3,600 workers after fire and toxic gas leak at South Korean chip plant

Crescent Island is an air-cooled chip that uses LPDDR5 memory.

Welcome to AI Insider’s The Week Ahead in AI. See the key developments and events we’re watching May 31- June 6. Weekend AI News Briefs US Takes Step to Halt Nvidia AI Chip Shipments to Chinese Firms Outside China The U.S. Commerce Department issued new guidance clarifying that advanced AI chips require export licenses when sold […]

Aster DEX launched perpetual contracts for Samsung and SK Hynix with up to 5x leverage for on-chain trading. Samsung and SK Hynix are AI memory leaders, with Samsung earning ₩53.7T and SK Hynix ₩52.6T in Q1 2026. Synthetic perps offer 24/7 access, no-broker access, shorting, and leverage via on-chain price-tracking contracts. Liquid capital markets are […] The post Aster Brings Korean AI Stocks Onchain – Here’s Why It Matters appeared first on Live Bitcoin News.

The post Intel Targets Nvidia and AMD With New AI Chip appeared on BitcoinEthereumNews.com. Key Takeaways Intel plans to ship its Crescent Island AI GPU in 2026, targeting Nvidia and AMD on cost and power efficiency. The chip uses up to 480GB of cheaper LPDDR5X memory and air cooling, with customer sampling due in the second half of 2026. Bitcoin miners like Terawulf are pivoting to AI compute, tying the chip race directly to crypto’s bottom line. A Cheaper Bet on AI Inference The plan, flagged in a widely shared market update, centers on a data-center graphics processing unit (GPU) called Crescent Island. Unlike the top-end accelerators from Nvidia and AMD that rely on expensive high-bandwidth memory, Intel’s chip is built around lower-cost LPDDR5X memory, supporting up to 480GB, and is designed to run in air-cooled server racks rather than demanding exotic liquid-cooling setups. With its design, Intel is aiming at AI inference (the stage where trained models actually answer queries)

Intel says it will launch a new artificial-intelligence data-center chip this year to challenge Nvidia and AMD, betting that cheaper memory and lower power draw can win over operators building out compute capacity. A Cheaper Bet on AI Inference The plan, flagged in a widely shared market update, centers on a data-center graphics processing unit […]

South Korea's economic growth prospects improve, but heavy reliance on semiconductors poses significant risks amid potential market volatility. The post South Korea’s exports surge 53% in May, driven by AI chip boom appeared first on Crypto Briefing.

Intel's strategy could democratize AI hardware access, challenging market leaders and potentially reshaping the AI accelerator landscape. The post Intel plans to launch AI chip by year-end with lower-cost tech appeared first on Crypto Briefing.

Leader of data centre unit says company aiming to release ‘inference’ GPU as shares rally more than 200% this year