Nvidia Invests $3.5 Billion in MediaTek to Expand Beyond GPUs
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Apple invests over $30 billion to deepen its partnership with Broadcom and expand its domestic chip manufacturing operations in the United States.
According to ChainCatcher, citing CNBC, Apple announced on Wednesday a multi-year partnership with chipmaker Broadcom, expected to exceed $30 billion. This is Apple's largest commitment to U.S.-made manufacturing to date. Under the agreement, Broadcom will continue to develop and supply customized ASIC chips (increasingly used in AI workloads) and wireless components for cellular networks, Wi-Fi, and Bluetooth connectivity for multiple generations of Apple products until 2031. The report indicates that the partnership is expected to facilitate the production of more than 15 billion U.S.-made chips and includes a $1.5 billion expansion of Broadcom's Fort Collins, Colorado factory. Outgoing Apple CEO Tim Cook stated that this move is the largest single project in Apple's $600 billion U.S. investment plan announced in 2025, aimed at responding to the Trump administration's call to promote domestic manufacturing and helping to establish an end-to-end silicon supply chain in the United States.
Micron Technology is investing $9.3 billion to expand its advanced memory chip project, with HBM expected to ship in the second half of 2028.
PANews reported on July 5th that Micron Technology officially launched the expansion project of its Hiroshima plant in western Japan on Saturday (July 4th). This project, with a total investment of 1.5 trillion yen (approximately US$9.3 billion), aims to produce advanced memory chips, including high-bandwidth memory (HBM), to meet the booming demand driven by the artificial intelligence wave. HBM is a key component of Nvidia's AI processors, and the plant is expected to begin shipping around the summer of 2028. Recently, Micron, Samsung Electronics, and SK Hynix have all announced plans to expand their manufacturing capabilities. Earlier this week, SK Hynix announced plans to invest 80 trillion won (approximately US$51.46 billion) to build a new NAND memory chip factory in Cheongju, the capital of North Chungcheong Province, South Korea.
US infrastructure company MasTec invests another $1.65 billion to strengthen its data center electrical footprint.
Mars Finance reports that US infrastructure engineering and construction company MasTec announced on Tuesday that it will acquire electrical contractor The Superior Group for approximately $1.65 billion to enhance its electrical service capabilities in the rapidly expanding data center infrastructure market. The transaction, conducted in cash and stock, is expected to close in mid-to-late July. (Cailian Press)
Micron is expanding its chip manufacturing plant in western Japan by $9 billion, with production and shipments expected to begin around summer 2028.
According to BlockBeats, on July 4th, Micron Technology officially launched the expansion project of its western Japan factory, with a total investment of 1.5 trillion yen, for the production of advanced memory chips. This expansion is part of its global capacity expansion plan, aiming to meet the needs of the artificial intelligence industry; the Japanese government will provide subsidies of up to 500 billion yen to share the construction costs. This factory expansion will help Micron improve the energy efficiency and data transmission efficiency of chips required for artificial intelligence services and autonomous vehicles. The expanded production line is expected to be operational and shipping around the summer of 2028.
Bitcoin Miner Ditches Site for AI Deal That Could Top $1.2 Billion
The projected revenue requires two contract extensions, while an option for more computing capacity could bring the total above $3 billion.
Charles Schwab Expands Crypto Trading Beyond Bitcoin and Ethereum
The brokerage will expand Schwab Crypto trading to Solana, Avalanche, and Chainlink, but has not given a launch date for the three tokens.