AI developer Anthropic PBC has asked SK Hynix Inc., one of the world’s biggest manufacturers of memory chips, for supplies to make its own semiconductors, SK Group Chairman Chey Tae Won said.

Nvidia Corp. will invest $1 billion in Naver Corp. to help finance an AI data center under construction in South Korea, adding to a frenzy of deals by the world’s most valuable company.

Qualcomm Inc., the biggest maker of smartphone processors, plans to increase prices by a percentage in the double digits, a move that’s likely to ripple through much of the tech industry.

Intel Corp.’s upbeat quarterly report, which handily beat Wall Street estimates, still left a major question: how soon the chipmaker will line up outside customers for its factories.