Musk’s SpaceX Valuation Soars on AI and Space Bets
SpaceX has quickly emerged as one of the world’s most valuable companies, briefly surpassing Amazon’s market capitalization after its public debut, as investors bet...
Apple Commits $30 Billion to US-Made Chips With Broadcom Deal
According to the Financial Times, Apple has signed a $30 billion, five-year deal with Broadcom to buy US-made chips, supporting its $600 billion US...
White House Rules Out “FDA for AI” Under Trump Policy
The Financial Times reports that Trump’s administration does not plan to create a formal AI licensing regime, according to departing adviser Sriram Krishnan. He...
AI Infrastructure Fuels Explosive Growth in Semiconductor Market
Global semiconductor sales reached $110.5 billion in April 2026, up 11% from March and nearly 94% higher than a year earlier, marking the industry's...
White House Launches $2 Billion Quantum Computing Initiative
The Trump administration announced plans to invest $2 billion in nine quantum computing companies through the CHIPS and Science Act while taking minority equity...
Intel Bets on Edge AI Agents With SuperClaw to Reduce Cloud Dependency
Enterprises are rapidly shifting from simple AI chat tools to agentic AI systems that perform multi-step workflows, but this shift is increasing compute costs...
TSMC Sees $1.5 Trillion Global Chip Market Driven by AI Boom
Taiwan Semiconductor Manufacturing Company expects the global semiconductor market to exceed $1.5 trillion by 2030, raising its earlier forecast of $1 trillion, driven mainly...
China’s Tech Independence Effort Fuels Rise of Chip Industry Billionaires
China’s push for semiconductor self-sufficiency has boosted Hubei Dinglong, a key supplier of chip-making materials, reports Forbes. The company produces CMP materials, photoresists, and...
Apple Agrees to $250 Million Siri AI Settlement
Apple has agreed to a $250 million settlement to resolve a class-action lawsuit alleging it misled customers about advanced AI-powered Siri features promoted alongside...
Nvidia Makes $500M Bet on Corning for AI Infrastructure
NVIDIA has acquired about $500 million worth of rights to purchase shares in Corning as part of a broader strategic partnership focused on expanding...