The AI kingmaker also fancies himself a savvy venture capitalist

Intel Corp. raised $20 billion in an upsized share sale, a third more than it was targeting when it announced the deal Monday morning.

US investment giants including Apollo Global Management Inc., Blackstone Inc., BlackRock Inc. and Brookfield Asset Management are partnering with Nvidia Corp. to source $500 billion in financing for artificial intelligence infrastructure.

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.

Qualcomm Inc. said it is acquiring Modular Inc., for about $3.9 billion in stock, adding artificial intelligence software capabilities that will aid its push into data centers.

Cerebras Systems Inc. shares plunged in early trading after the newly public chipmaker gave an annual sales forecast that disappointed investors who were expecting the company to carve out a bigger slice of the AI data center market.