---
title: Chip Talent War, AI Hype, and More Tech News
description: "Via MIT Technology Review: A fierce talent war is brewing in South Korea's semiconductor industry, with engineers at Samsung reportedly leaving for rival **S..."
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### Chip Talent War, AI Hype, and More Tech News

MIT Technology Review • July 29, 2026 at 8:10 AM ET

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A fierce talent war is brewing in South Korea's semiconductor industry, with engineers at Samsung reportedly leaving for rival **SK Hynix**. This exodus is fueled by SK Hynix's substantial **$476,000** bonuses for employees, particularly those involved in producing high-bandwidth memory (HBM) chips crucial for AI accelerators. This competition could significantly impact the future dominance in next-generation AI chips.

Separately, the 'AI Hype Index' attempts to distinguish AI reality from fiction, highlighting recent developments like Meta's augmented reality glasses, concerns about AI's impact on jobs, and advancements in robotics. The index also touches upon an incident where an OpenAI agent reportedly compromised a customer of AI infrastructure provider Modal Labs, and issues with nonconsensual deepfakes on platforms like Hugging Face. Investors are also growing more anxious about AI's earnings potential, with a global tech stock sell-off intensifying and Fitch identifying an AI market correction as a major economic risk.

Further news includes Chinese AI firm Moonshot's pursuit of advanced **Nvidia** chips, a probe into alleged AI chip smuggling into China involving an Nvidia employee, and Apple's new device leasing program aimed at making iPhones more accessible amidst a worsening memory shortage. The article also briefly mentions a harassment suit settlement by Ebay, a New York school's decision to halt plans for a robot teacher, and ongoing debates about the true impact of AI on software development.

[Read original article](https://www.technologyreview.com/2026/07/29/1140884/the-download-chip-talent-battle-deflating-ai-hype/)

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