TSMC sees 45% sales surge as AI demand stays strong
Taiwan Semiconductor Manufacturing Co. (TSMC) signage on the floor of the New York Stock Exchange (NYSE) in New…
ASML hikes sales forecast on strong AI chip demand
ASML on Wednesday raised its guidance for the second time this year and reported stronger-than-expected quarterly results as…
From Macron to Modi, governments are rolling out the red carpet for AI giants
Countries are scrambling not to fall behind in AI — and French President Emmanuel Macron and Indian Prime…
Mag 7 value shrinks by $2.3 trillion amid AI spending jitters
Jakub Porzycki | Nurphoto | Getty Images Around $2.3 trillion has been wiped off the value of the…
Tumbling AI stocks signal another day of turmoil for tech companies
The logo of Japanese company SoftBank Group at the company’s headquarters in Tokyo on Nov. 21, 2025. Kazuhiro…
Tech stocks try to rebound after global AI sell-off batters chip names
Images of mobile devices at the Taiwan Semiconductor Manufacturing Co. (TSMC) Museum of Innovation in Hsinchu, on Tuesday,…
China’s May exports, imports top forecast as AI boom offset Iran war drag
SHENZHEN, CHINA – MAY 1: The Chinese national flag is seen in front of stacked shipping containers bearing…
AI stock surges after an ex-OpenAI employee’s fund disclosed a stake
Dutch cloud provider Nebius popped in premarket trading Thursday after an ex-OpenAI employee’s fund disclosed a sizeable stake…
Nvidia AI chip rivals attract record funding as competition heats up
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Nvidia…
Nvidia rivals eye huge funding rounds as AI chip market booms
European chip startups developing alternative technology to Nvidia’s graphics processing units (GPUs) are eyeing big funding rounds as…
ASML raises 2026 guidance as AI chip demand stays strong
ASML raised its sales forecast for 2026 after it beat first-quarter revenue and profit expectations, driven by continued…
OpenAI data center pivot underscores Wall Street IPO concerns
Sam Altman, chief executive officer of OpenAI Inc., speaks during BlackRock’s 2026 Infrastructure Summit in Washington, DC, US,…