JPMorgan analyst Harlan Sur reaffirmed that Broadcom's TPU v9 chip for Google remains on schedule for 2028 production, raising Broadcom's price target to $580 amid recent delay fears. The 2nm ASIC pro…
KLA Corporation reported $3.4 billion in quarterly revenue as the global chip equipment market is projected to reach $250 billion by 2028, driven by AI infrastructure spending. The company announced a…
California Governor Gavin Newsom signed executive orders in March and May 2026 to expand AI use in state government, including stricter vendor safeguards and labor market studies, while creating a reg…
Booz Allen Hamilton, the largest AI services provider to the US federal government, partnered with OpenAI to develop AI solutions for national security and critical infrastructure. The collaboration a…
British American Tobacco is cutting 5,500 jobs and outsourcing 3,500 roles as part of an AI-driven restructuring program called Fit2Win, targeting £600 million in annual savings by 2028. The overhaul …
XPENG unveiled its Physical-World Foundation Model roadmap and VLA 2.0 autonomous driving system at CVPR 2026, with the model already in mass production and capturing over 50% of assisted-driving mile…
French World Cup winner Olivier Giroud was named Global Brand Ambassador for AI-powered crypto trading platform BitradeX on June 12, 2025, in a partnership targeting the 2026 FIFA World Cup. The deal …
Palantir Technologies and Nvidia announced a Sovereign AI Operating System Reference Architecture (AIOS-RA) for US government and enterprise use, combining Nvidia's Blackwell Ultra GPU systems with Pa…
Soitec, a French semiconductor materials company, partnered with Chinese foundry ZenSemi to mass-produce 300mm BCD-on-SOI substrates for power chips used in AI datacenters, electric vehicles, and huma…
US stocks fell sharply on June 5, 2026, as stronger-than-expected jobs data fueled rate hike fears and AI spending scrutiny intensified. The Nasdaq dropped 4%, led by chipmakers, amid concerns that hi…
Google Cloud has partnered with SandboxAQ to distribute the company's specialist AI models for drug discovery, materials science, and cybersecurity through its infrastructure and marketplace. The deal…
Google warned that EU competition rules requiring it to share search data with rivals could compromise user privacy, as a senior scientist demonstrated that users can be re-identified from anonymized …
Samsung Electronics and SK Hynix are investing at least 1,350 trillion won ($880 billion) in chips and data centers, with potential plans to increase spending to 2,000 trillion won ($1.3 trillion) ove…
The Bank for International Settlements warned that dollar-pegged stablecoins like USDT and USDC reinforce US dollar dominance rather than challenging it, posing structural risks for emerging markets. …
AirTrunk, the Blackstone-backed hyperscale data center operator, is nearing a confidential IPO filing for a real estate investment trust in Singapore, targeting a raise of $1 billion to $1.2 billion. …
Nvidia CEO Jensen Huang told shareholders that national security takes priority over commercial opportunities, acknowledging the company's delicate position amid Senate scrutiny over chip exports to C…
Baidu is spinning off its AI chip subsidiary Kunlunxin into a standalone public company, targeting a valuation of up to $50 billion in a Hong Kong IPO. The move capitalizes on China's push for semicon…
Samsung Electronics and SK Hynix are in talks with the South Korean government to build two new semiconductor fabrication sites in the Honam region, aiming to meet surging AI demand. The second chip c…
South Korea announced an 800 trillion won ($520 billion) semiconductor investment plan, the largest in history, to build four new chip fabrication plants and three AI data centers. Samsung Electronics…
Chinese investors poured record capital into the Guotai CSI All Share Communications Equipment ETF (515880) amid a global semiconductor selloff, with the fund returning approximately 298% over the pas…