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Today: August 13, 2026
Today: August 13, 2026

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Nasdaq, S&P 500 drop 1% after China’s latest AI breakthrough rattles tech stocks

Nasdaq, S&P 500 drop 1% after China’s latest AI breakthrough rattles tech stocks

Nasdaq, S&P 500 drop 1% after China’s latest AI breakthrough rattles tech stocks
Business|Economy|Technology

US probes Samsung for alleged infringement of Netlist's memory-chip patents

U.S. trade regulators have launched a probe into Samsung Electronics' memory chips and products sold by Google, Nvidia, Broadcom and Super Micro Computer that use them following a

US probes Samsung for alleged infringement of Netlist's memory-chip patents
Business|Economy|Technology|World

TSMC to invest another $100 billion in US as Q2 profit blows past forecasts

TSMC, the world's main producer of advanced AI chips and a major Nvidia supplier, pledged on Thursday to invest a further $100

TSMC to invest another $100 billion in US as Q2 profit blows past forecasts
Business|Economy|Finance|Stock Markets|Technology

TSMC Q2 profit jumps 77% to record, far surpasses expectations

TSMC, the world's largest contract chipmaker, posted a 77% jump in second-quarter net profit on Thursday, beating market forecasts and hitting a record, riding the wave of

TSMC Q2 profit jumps 77% to record, far surpasses expectations
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This AI, it will make a profit, right?

A look at the day ahead in European and global markets from Stella Qiu The monstrous rally in Asian chipmakers this year is hitting a rocky patch.

This AI, it will make a profit, right?
Business|Economy|Technology|World

ZTE among Chinese firms licensed to purchase Nvidia's H200 chips, documents show

A unit of telecoms gear maker ZTE Corp and two other Chinese firms are among the latest entities to receive U.S. approval to purchase advanced AI chips from Nvidia and AMD,

ZTE among Chinese firms licensed to purchase Nvidia's H200 chips, documents show
Business|Economy|Technology

TSMC seen riding AI boom to fifth straight quarter of record profit

TSMC, the world's largest manufacturer of advanced AI chips, will likely notch a fifth consecutive quarter of record earnings, driven by

TSMC seen riding AI boom to fifth straight quarter of record profit
Business|Economy|Stock Markets|Technology

SK Hynix rises nearly 13% in debut on Wall Street as demand for memory chips soars amid AI frenzy

Shares of South Korean memory chipmaker SK Hynix rose nearly 13% as they made their debut on Wall Street, at a time when demand for chips is surging thanks to the frenzy around artificial intelligence

SK Hynix rises nearly 13% in debut on Wall Street as demand for memory chips soars amid AI frenzy
Business|Economy|Technology

SK Hynix CEO sees worst-ever memory supply shortage in 2027, says demand to outstrip supply beyond 2030

SK Hynix Chief Executive Kwak Noh-jung said the global memory industry is heading for its worst-ever supply shortage in 2027,

SK Hynix CEO sees worst-ever memory supply shortage in 2027, says demand to outstrip supply beyond 2030
Business|Economy|Finance|Science|Stock Markets|Technology|US

SK Hynix shares jump in marquee US debut as AI euphoria persists

SK Hynix's U.S.-listed shares jumped 14% in their Nasdaq debut following its $26.5 billion

SK Hynix shares jump in marquee US debut as AI euphoria persists
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SK Hynix raises $26.5 billion in US offering after pricing ADRs at $149

South Korea's SK Hynix priced its American Depositary Receipts at $149 on Thursday raising about $26.5 billion, a U.S. regulatory

SK Hynix raises $26.5 billion in US offering after pricing ADRs at $149
Business|Economy|Finance|Science|Technology

Meta to put AI chip into production in September as it looks to double computing capacity, memo shows

(Corrects figure in paragraph 11 to 2.5 gigawatts by end of year, not 5.5 gigawatts.) By Katie Paul, Max A.

Meta to put AI chip into production in September as it looks to double computing capacity, memo shows
Business|Science|Technology|World

China plans to let top AI firms buy limited Nvidia H200 chips, the Information reports

China is planning to allow the country's top AI companies to buy a limited number of Nvidia's H200 chips, the Information reported on Wednesday, citing two people with direct

China plans to let top AI firms buy limited Nvidia H200 chips, the Information reports
Business|Science|Technology|World

China's DeepSeek developing its own AI chip, sources say

Chinese startup DeepSeek is developing its own AI chip, according to three people familiar with the matter, a push that could reduce its reliance on Nvidia and Huawei chips, which

China's DeepSeek developing its own AI chip, sources say
Business|Economy|Finance|Stock Markets|Technology|World

Nasdaq sinks as AI worries hit chipmakers

The Nasdaq ended sharply lower on Tuesday, weighed down by losses in Micron Technology and other chipmakers due to mounting doubts about the

Nasdaq sinks as AI worries hit chipmakers
Business|Economy|Finance|Stock Markets|Technology

What's good for the US economy now may not be good for stocks

The U.S. economy and the U.S. stock market are starting to go their own ways. 

What's good for the US economy now may not be good for stocks
Business|Economy|Science|Technology

Qualcomm forecasts $15 billion data center chip sales by 2029, shares soar

Qualcomm said it expects to generate $15 billion in sales from its data center business by 2029 as it moves beyond its core smartphone chips,

Qualcomm forecasts $15 billion data center chip sales by 2029, shares soar
Business|Science|Technology

OpenAI just announced its first custom chip to help ChatGPT run better

OpenAI just announced its first custom chip to help ChatGPT run better

OpenAI just announced its first custom chip to help ChatGPT run better
Business|Economy|Finance|Stock Markets|Technology

Cerebras sinks 14% as full-year margin forecast disappoints

Cerebras shares tumbled about 14% on Wednesday after the chip designer warned that annual profit margins would undershoot first-quarter figures in its debut earnings following a

Cerebras sinks 14% as full-year margin forecast disappoints
Business|Economy|Finance|Science|Technology|World

Qualcomm in talks to provide custom chip-design services to ByteDance, sources say

Qualcomm is in talks to provide chip-design services to China's ByteDance, four people familiar with the matter said, as the U.S. company seeks to reduce dependence on the

Qualcomm in talks to provide custom chip-design services to ByteDance, sources say
Business|Economy|Science|Technology

Taiwan's ASE says it is expanding capacity to support AI demand

Taiwan's ASE Technology Holding, the world's largest chip packaging ​and testing provider, is expanding capacity to meet AI demand, Chief

Taiwan's ASE says it is expanding capacity to support AI demand
Business|Economy|Science|Technology

How SK Hynix's bet on a niche memory chip made it more valuable than Samsung

SK Hynix's overtaking of Samsung Electronics to become South Korea's most valuable firm was the culmination of 14 years of bets that brought

How SK Hynix's bet on a niche memory chip made it more valuable than Samsung
Business|Economy|Technology

Upscale AI valued at $2 billion after funding extension

AI networking infrastructure firm Upscale AI said on Monday it had raised a $190 million extension to its early-stage funding round, bringing its valuation to $2 billion.

Upscale AI valued at $2 billion after funding extension
Business|Economy|Finance|Science|Stock Markets|Technology

Elon Musk-led SpaceX's first week as a public company sparks market mania

SpaceX's record-breaking IPO fueled a trading frenzy in its first week as a public company, with its shares surging as retail investors and options traders rushed to bet on the

Elon Musk-led SpaceX's first week as a public company sparks market mania
Business|Economy|Finance|Stock Markets|Technology

SpaceX options debut pulls record demand as investors chase rocket stock

Trading in SpaceX options kicked off with record volume and bullish activity dominating on Tuesday, underscoring strong investor

SpaceX options debut pulls record demand as investors chase rocket stock
Business|Economy|Science|Technology

Nvidia's Huang pledges AI will boost manufacturing jobs. A test will come in Texas

Nvidia is betting on artificial intelligence to revive U.S. manufacturing

Nvidia's Huang pledges AI will boost manufacturing jobs. A test will come in Texas
Business|Economy|Finance|Stock Markets|Technology

Nvidia to raise $25 billion in first corporate bond sale in five years

Nvidia said on Monday it would raise $25 billion through a U.S. bond issuance, as it taps the debt market to increase liquidity

Nvidia to raise $25 billion in first corporate bond sale in five years
Business|Science|Technology

ByteDance in talks with China's Iluvatar CoreX to purchase AI chips, sources say

Chinese technology company ByteDance is in talks with Shanghai-based Iluvatar CoreX to purchase AI chips for inference work and is also considering a similar deal with

ByteDance in talks with China's Iluvatar CoreX to purchase AI chips, sources say
Business|Technology

Nvidia hires veteran lobbyist Bruce Andrews to head government affairs

By Max A.

Nvidia hires veteran lobbyist Bruce Andrews to head government affairs
Business|Economy|Finance|Stock Markets|World

Wall Street indexes jump, Trump says strikes against Iran canceled

U.S. stocks ended sharply higher on Thursday, with indexes extending gains after U.S.

Wall Street indexes jump, Trump says strikes against Iran canceled
Business|Economy|Finance|Science|Technology

KKR launches $10 billion AI infrastructure company with Nvidia, Vistra

A KKR-led group on Thursday launched a new company with more than $10 billion in committed capital to finance the build-out of AI infrastructure, the latest effort by an

KKR launches $10 billion AI infrastructure company with Nvidia, Vistra
Business|Economy|Science|Technology|World

AI boom sparks rally, frenzy and fear

An AI boom has driven stock markets to record highs, big tech firms are piling hundreds of billions of dollars into new tech,

AI boom sparks rally, frenzy and fear
Business|Economy|Environment|Technology

OpenAI weighs leasing Ohio data center with Nvidia backing, The Information reports (June 9)

OpenAI is in talks to lease a proposed 10-gigawatt data center campus on federal and private land in Ohio, in a deal that could include financial backing from Nvidia, The

OpenAI weighs leasing Ohio data center with Nvidia backing, The Information reports (June 9)
Business|Economy|Science|Technology|World

China prepares $295 billion plan to fund nationwide AI buildout, Bloomberg News reports

China is preparing to spend around 2 trillion yuan ($295.43 billion) over the next five years on building data centers across the country, Bloomberg News reported on Tuesday, as

China prepares $295 billion plan to fund nationwide AI buildout, Bloomberg News reports
Business|Economy|Stock Markets|World

S&P 500, Nasdaq rise as tech, chipmakers rebound

U.S. stocks ended mostly higher on Monday, led by gains in the Nasdaq and chipmakers as investors sought bargains after Friday's sharp

S&P 500, Nasdaq rise as tech, chipmakers rebound
Business|Economy|Finance|Science|Stock Markets|Technology

Alphabet taps Intel to make three million in-house chips, The Information reports

Alphabet's Google has placed an order with Intel to manufacture more than three million tensor processing units in 2028, The Information reported on Monday, citing people with

Alphabet taps Intel to make three million in-house chips, The Information reports
Business|Economy|Technology

Amazon, Corning sign multi-billion-dollar deal to boost fiber optics manufacturing in US

Amazon said on Monday it has signed a multi-billion-dollar deal with specialty glass maker Corning aimed at boosting U.S. production of optical fiber and connectivity products that

Amazon, Corning sign multi-billion-dollar deal to boost fiber optics manufacturing in US
Business|Science|Technology

Nvidia's AI PC push banks on unproven demand beyond niche users

Nvidia's entry into the AI PC market with its RTX Spark superchip last week is less a breakthrough for regular users than a high-stakes bet that a

Nvidia's AI PC push banks on unproven demand beyond niche users
Business|Science|Technology

Samsung Elec's chip chief says he discussed next-generation foundry with Nvidia CEO

Samsung Electronics' co-CEO and head of its chip division, Jun Young-hyun, said on Monday he discussed cooperation in next-generation foundry chips with Nvidia CEO Jensen

Samsung Elec's chip chief says he discussed next-generation foundry with Nvidia CEO
Asia|Business|Economy|Science|Technology

Nvidia clinches deals with South Korean giants including SK Group to advance AI boom

Nvidia on Monday announced a series of deals in South Korea with tech giants including SK Hynix and Naver, as it looks to secure crucial

Nvidia clinches deals with South Korean giants including SK Group to advance AI boom
Business|Economy|Science|Technology|World

Chinese military hovered as global executives flocked to Taiwan tech show

By Ben Blanchard, Max A.

Chinese military hovered as global executives flocked to Taiwan tech show
Business|Economy|Technology

Intel was on the brink of downfall. A twist in the AI race could boost its revival

Intel was on the brink of downfall. A twist in the AI race could boost its revival

Intel was on the brink of downfall. A twist in the AI race could boost its revival
Business|Economy|Finance|Stock Markets|Technology

Chip selloff erases over $1 trillion in stock market value

U.S.-traded chipmakers plunged on Friday, losing over $1 trillion in market value, with deep losses in AI heavy hitters including Nvidia, Micron Technology and

Chip selloff erases over $1 trillion in stock market value
Business|Economy|Finance|Technology|World

Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears

Wall Street’s nine-week winning streak ended with a thud on Friday, as red-hot technology stocks suffered their largest daily decline since

Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears
Asia|Business|Economy|Technology

Taiwan's Foxconn raises guidance for second-quarter outlook

Taiwan's Foxconn said on Friday that its second-quarter performance is likely to be well above its previously anticipated forecast of "significant" growth.

Taiwan's Foxconn raises guidance for second-quarter outlook
Business|Economy|Finance|Stock Markets|Technology

Broadcom set to shed $300 billion in value as AI results fail to impress

Broadcom shares slumped more than 14% on Thursday, dragging chip peers lower, after the company's results fell short of lofty expectations

Broadcom set to shed $300 billion in value as AI results fail to impress
Business|Economy|Finance|Stock Markets|Technology

SK Hynix tells investors its US listing plan wins their strong backing, source says

SK Hynix told investors this week it received "tremendously positive" feedback on its proposed U.S. listing as the chipmaker benefits from strong demand for

SK Hynix tells investors its US listing plan wins their strong backing, source says
Arts

Nvidia CEO mounts charm push in South Korea with TV talk show, baseball appearances

When Nvidia CEO Jensen Huang makes his second visit to South Korea in just seven months this week, it won't be only to meet top memory chip and

Nvidia CEO mounts charm push in South Korea with TV talk show, baseball appearances
Asia|Business|Economy|Science|Technology

TSMC working hard to meet chip demand, would 'like' to hike prices

Taiwan's TSMC, the world's largest contract chipmaker, is striving to keep up with demand and avoid becoming a bottleneck in the global supply chain

TSMC working hard to meet chip demand, would 'like' to hike prices