Company
Date Published
Author
CAST AI
Word count
851
Language
English
Hacker News points
None

Summary

The global chip shortage has been affecting major tech companies, including Samsung and Apple, which may be impacted by supply chain disruptions. On the other hand, Apple's new M2 chipset entered mass production in April and will start being used in MacBooks scheduled for release later this year. TSMC, the world's largest chip producer, announced a $100 billion investment program to stay ahead in the industry, which is becoming increasingly expensive with each new generation of chips. Other companies, such as Amazon and Nvidia, are also investing heavily in chip production and research, while IBM acquired AI-powered application resource management solution Turbonomic and Dell sold its cloud platform Boomi for $4 billion. Microsoft's cloud sales increased by 33% in Q3, surpassing 20% market share and closing in on Amazon's leadership in cloud computing.