Semiconductors & AI Chips Weekly Briefing

May 22, 2026

Nvidia posts record $81.6B revenue and begins shipping its Vera CPUs as global chipmakers ramp up 2nm production and overseas expansion and more.

• Nvidia reported record first-quarter fiscal 2027 revenue of $81.6 billion, an 85% year-over-year increase driven by massive demand for AI infrastructure and data center chips. ^1234567
• The semiconductor giant has officially begun shipping its new Vera CPU systems to major AI laboratories and cloud providers, including OpenAI, SpaceX, Anthropic, and Oracle Cloud. ^89101112
• Nvidia CEO Jensen Huang expressed optimism that the Chinese market would reopen following his recent visit to Beijing with President Trump, though current reports indicate China has banned the RTX 5090D V2 and is resisting Nvidia's H200 chips. ^{131415161718192021}
• TSMC is aggressively expanding its global manufacturing footprint, approving a $20 billion capital injection for its Arizona subsidiary and reporting the first quarterly profits from its new facility in Japan. ^222324252627
• AMD has commenced production of its next-generation "Venice" EPYC CPUs using TSMC's 2nm process and announced a $10 billion investment to scale advanced packaging and AI infrastructure in Taiwan. ^282930313233
• ASML and Tata Electronics formed a strategic partnership to develop 300mm wafer manufacturing in India, while ASML's CEO warned that further export restrictions on China could accelerate the development of rival domestic tools. ^3435363738
• Other notable developments include Cerebras debuting on the Nasdaq and securing a $20 billion deal with OpenAI, GlobalFoundries receiving $375 million in U.S. funding for quantum hardware manufacturing, and Applied Materials reporting record quarterly revenue amid the global AI expansion. ^394041424344

Sources

1. No break for Nvidia as AI demand fuels another blockbuster quarter Daily Sabah
2. Nvidia Q1 FY2027 earnings: record revenue, dividend hike Yahoo Finance
3. Nvidia beats quarterly estimates as AI chip demand drives record revenue BusinessLine
4. NVIDIA reported record Q1 revenue of $81.6 billion Nvidia
5. NVIDIA Announces Financial Results for First Quarter Fiscal 2027 AP News
6. Nvidia Rides Blistering Chip Sales to Another Record Quarter The Wall Street Journal
7. Nvidia Earnings Live Coverage: Results Blow Past Expectations on Booming Demand for AI Chips Investopedia
8. NVIDIA Vera CPUs Are Already So Popular That NVIDIA Expects $20 Billion in CPU Revenue This Year OnMSFT
9. Nvidia Delivers New Vera AI CPUs To SpaceX, Anthropic And OpenAI — Elon Musk Says 'Vera Nice, Vera Nice…' Yahoo Finance
10. Nvidia Starts Vera CPU Shipments As Oracle Plans Massive 2026 Rollout Yahoo Finance
11. Nvidia Exec Hand-Delivers First Vera CPU Systems to AI Heavy Hitters PCMag
12. Nvidia delivers first Vera CPU to top AI labs Nvidia
13. China banned Nvidia 5090D V2 while CEO Jensen Huang was in town, report claims — move comes as Beijing pushes its AI tech companies to use homegro… Yahoo Finance
14. Nvidia excludes China from its outlook while citing analyst estimates of US$1 trillion in hyperscaler capex by 2027 DIGITIMES
15. Jensen Huang Says Huawei Is 'Very, Very Strong' And Nvidia Has 'Largely Conceded' China Market: 'Don't Ha Benzinga
16. Nvidia's post-earnings gains may hinge on sales to China. Here's why CNBC
17. Trump Approved an Nvidia Chip for Sale in China. Beijing Doesn't Want It. The New York Times
18. Nvidia gets unexpected China opening as chip fight intensifies TheStreet
19. Nvidia Won Back Access to China's AI Market. So Why Is Beijing Slamming the Door Again? Yahoo Finance
20. China market for Nvidia AI chips to open 'over time': Huang The Express Tribune
21. China will open its market to AI chips from US, Nvidia’s CEO Jensen Huang says The Straits Times
22. TSMC opens first Japan chip plant; more investment to follow Asahi Shimbun
23. TSMC Arizona Fab Posts $514M Year-One Profit: Q1 2026 Earnings Surpass Full 2025 Figure Tech Times
24. TSMC CoWoS yields top 98% as capacity expands DIGITIMES
25. Author: Chips made at Arizona's TSMC plant would be a lifeline if there's conflict with China KJZZ
26. TSMC to deploy $20B into Arizona subsidiary as chip giant expands Phoenix fab site KTAR News
27. TSMC's Japan fab signals a turning point for overseas manufacturing DIGITIMES
28. AMD ramping up Taiwan capacity as global CPU market tightens The Business Times
29. AMD Announces Production Ramp of Next-Generation AMD EPYC Processor “Venice” on TSMC 2nm Process Technology The Star
30. AMD announces over $10 billion Taiwan ecosystem investments AMD
31. AMD to Invest More Than $10 Billion in Taiwan’s Chip Industry The Wall Street Journal
32. AMD begins production ramp of EPYC Venice on TSMC 2nm AMD
33. AMD released ROCm 7.13 with expanded hardware and tools AMD
34. ASML chief warns tighter China restrictions would speed rival tools; export curbs on China backfire on Western tech firms: Chinese expert Global Times
35. Exclusive: ASML CEO sees tight supply in booming chip market as AI demand soars Reuters
36. Tata and ASML join hands, it is a big deal for India's silicon chip dreams India Today
37. Tata-ASML deal: How significant is it for India’s semiconductor push? Al Jazeera
38. ASML Partners With Tata Electronics to Advance India Chip Plans Bloomberg
39. Cerebras signed a $20B deal with OpenAI Cerebras
40. GlobalFoundries launches Quantum Technology Solutions to scale U.S. quantum manufacturing GlobalFoundries
41. Cadence acquires EMA Design Automation and FlowCAD Cadence
42. Why Nvidia's agreement with Groq is so significant MarketWatch
43. Applied Materials announces Broadcom as EPIC Innovation Partner Applied Materials
44. Applied Materials reported record Q2 FY26 revenue and earnings Applied Materials