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thenextweb
Amkor will spend up to $3bn this year, close to 40% of its revenue

Amkor Technology reported record second quarter results on Monday. Revenue reached $1.9bn, up 26% on a year earlier, and net income more than tripled. Operating income roughly doubled to $200m. Earnings came in at $0.70 a diluted share, against $0.22. EBITDA reached $400m. The numbers matter less than what the company plans to do next. […]<br /> This story continues at The Next Web [...]

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thenextweb
Amkor weighs a $1bn-plus stake sale in its China chip unit

Amkor Technology, one of the world’s largest outsourced chip assembly and testing firms, is weighing a sale of a stake in its China operations, a deal that could value the unit at between $1bn and $ [...]

Match Score: 68.32

thenextweb
Nvidia commits $1.5B to Amkor to expand US chip packaging

Nvidia has agreed to give Amkor Technology a $1.5 billion prepayment to expand advanced semiconductor packaging and testing in the United States, tightening a supply relationship that already sits beh [...]

Match Score: 68.31

venturebeat
1Password moves into AI cost management, betting that token spend is the next enterprise budget crisis

1Password on Tuesday launched AI Spend and Consumption Management, a new capability embedded in its SaaS Manager platform that gives IT and finance teams a unified, real-time view of how their organiz [...]

Match Score: 58.33

venturebeat
Gong study: Sales teams using AI generate 77% more revenue per rep

The debate over whether artificial intelligence belongs in the corporate boardroom appears to be over — at least for the people responsible for generating revenue.Seven in ten enterprise revenue lea [...]

Match Score: 44.88

thenextweb
‘It’s still day zero’: Lovable is worth $13.3bn, and the EU just became a shareholder

Lovable is worth $13.3bn and its revenue is tripling. The interesting name on the cheque is the European Union. Lovable has raised $400m at a $13.3bn valuation. The Stockholm company lets people build [...]

Match Score: 42.01

thenextweb
Menlo Ventures raises $3bn on the back of one Anthropic bet

Menlo Ventures has raised $3bn, the biggest haul in its 50-year history. It is funded, in effect, by a single bet on Anthropic that is now worth about $14bn. Most venture funds are sold on a promise. [...]

Match Score: 40.45

thenextweb
Blackstone’s AirTrunk seeks $3bn loan for one Sydney data centre

AirTrunk wants to borrow A$4.3bn, roughly $3bn, to build a single data centre in Sydney. The Blackstone-owned operator is in talks with banks to fund SYD3, a hyperscale facility of more than 400 megaw [...]

Match Score: 40.15

venturebeat
Gong launches ‘Mission Andromeda’ with AI sales coaching, chatbot and open MCP connections to rivals

Gong, the revenue intelligence company that has spent a decade turning recorded sales calls into data, today launched what it calls Mission Andromeda — its most ambitious platform release to date, b [...]

Match Score: 39.59

thenextweb
Tower Semiconductor puts $3bn into Japan, and Tokyo is paying for a third of it

Tower Semiconductor said on Tuesday it will spend roughly $3bn expanding its 300mm operations in Japan, net of about $1bn in grants from the Japanese government, in a two-track build-out aimed squarel [...]

Match Score: 34.37