Chip

• Centers for Medicare and Medicaid Services published a proposed rule on Friday requiring health insurance companies and states to resolve non-urgent prior authorization requests for prescription drugs within 24 hours. • The regulation mandates Medicaid and CHIP insurers, plus state administrators, to publicly disclose denial rates and respond faster to improve patient access. • This addresses delays in medication approvals, potentially benefiting millions enrolled in these programs amid ongoing affordability challenges.

• Amazon Web Services (AWS) achieved a $15 billion annual run rate in AI revenue during Q1 2026, according to CEO Andy Jassy's annual shareholder letter. • Amazon's internal chips business now generates over $20 billion per year, supporting AI infrastructure and custom silicon development. • The figures underscore Amazon's aggressive push into AI and cloud computing dominance amid intensifying competition from Microsoft Azure and Google Cloud.

• Qualcomm launched Snapdragon X2 on April 9, 2026, promising 45 TOPS NPU performance for next-gen US AI laptops. • Chip enables 40-hour battery life and native Copilot+ support, targeting Dell and HP OEMs. • Challenges Intel/AMD dominance in $50B US PC market amid ARM shift.

• Cognichip raised $60 million to develop AI tools that design AI-powered chips, aiming to cut development costs by over 75%. • The round supports innovation in semiconductor efficiency, vital for US AI hardware competitiveness. • It addresses supply chain bottlenecks, promising faster chip production for data centers and edge computing.

• Arm debuted its first in-house AI chip, the AGI CPU, optimized for large-scale data center workloads. • Early adopters Meta and OpenAI plan to deploy the chip for advanced AI training and inference. • The launch advances Arm's push into AI hardware amid US-China chip tensions.

• ARM unveiled its first proprietary AGI CPU for AI data centers, shifting from licensing designs to manufacturing its own silicon. • Early adopters include Meta, OpenAI, Cloudflare, and Cerebras, positioning ARM directly in the AI infrastructure market. • This move underscores the intensifying competition in AI hardware, where control over end-to-end production is becoming critical for major players.

• Semiconductor design giant Arm revealed on March 25, 2026, it will market its own chips for the first time, aiming for $15 billion in annual sales. • CEO Rene Haas discussed the move in exclusive interviews, marking a shift from licensing designs to direct competition in AI and data center markets. • The announcement boosted SoftBank shares and highlights re-industrialization trends in U.S. tech supply chains amid AI demand.