ASML hikes sales forecast on strong AI chip demand
ASML on Wednesday raised its guidance for the second time this year as its customers continue to ramp…
Commerce official says Nvidia H200 AI chips have been shipped to China
16 July 2025, China, Peking: Jensen Huang, CEO of Nvidia, speaks to journalists. During a trip to China,…
Chamath Palihapitiya: Soaring AI spend will hit company earnings
Tech investor Chamath Palihapitiya on Tuesday said artificial intelligence usage could negatively impact some companies’ earnings, in part…
SpaceX alumni who founded TerraFirma land $115M funding round
TerraFirma’s semi-autonomous construction equipment Courtesy: TerraFirma As SpaceX‘s Elon Musk sells investors on a space economy with life…
The volatile AI trade marched higher, but oil kept Wall Street on edge last week
Wall Street’s record-setting start to the week ran into two familiar sources of volatility: the artificial intelligence trade…
The AI race is shifting from bigger models to cheaper, smarter systems
For the past two years, the artificial intelligence race has been easy to score: bigger models, better benchmarks…
How Apple stock rode the AI rollercoaster to record highs in 1 chart
Apple’s stock has had a bumpy ride this year. But it’s been a lot more pleasant lately —…
Apple sues OpenAI alleging trade secret theft
The Apple Park campus stands in this aerial photograph taken above Cupertino, California, U.S., on Wednesday, Oct. 23,…
The Tech Download: Teen social media bans miss a key part of the puzzle: AI chatbots
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. A…
OpenAI’s Fidji Simo steps down due to chronic illness, becomes advisor
Fidji Simo, chief executive officer of Instacart Inc., speaks during a Bloomberg Studio 1.0 interview in San Francisco,…
Meta jumps into AI coding market to chase Anthropic and OpenAI
Alexandr Wang, chief AI officer of Meta, during the Bloomberg Tech conference in San Francisco, California, US, on…
Meta to put AI chip into production in September: Report
A worker stands inside the Meta Lab in Los Angeles, California, U.S., May 20, 2026. Daniel Cole |…