TSMC hits yet another record as profit surges 39%, beating estimates on AI chip demand surge

TSMC hits yet another record as profit surges 39%, beating estimates on AI chip demand surge

The TSMC logo is displayed on a building in Hsinchu, Taiwan April…
ASML Q3 earnings report

ASML Q3 earnings report

Employees assemble a ASML NXT1970Ci photolithography machine at the ASML Holding factory…
Google to invest  billion in AI data center project in India

Google to invest $10 billion in AI data center project in India

Prakash Singh | AFP | Getty Images Google will invest $10 billion…
China blacklists major chip research firm following report on Huawei

China blacklists major chip research firm following report on Huawei

In this photo illustration a Huawei logo is displayed on a smartphone…
Citi backs stablecoin firm as big banks warm to crypto

Citi backs stablecoin firm as big banks warm to crypto

BVNK co-founders (L to R) Donald Jackson, Jesse Hemson-Struthers and Chris Harmes,…
‘At some point there’ll be too many’ AI data centers

‘At some point there’ll be too many’ AI data centers

Dell Technologies CEO Michael Dell said Tuesday that while demand for computing…
‘The best chips will win’

‘The best chips will win’

Brad Gerstner, Altimeter Founder and CEO, speaks at the Delivering Alpha conference…
What’s driving the surge in quantum stocks this week

What’s driving the surge in quantum stocks this week

Inside Google’s quantum computing lab in Santa Barbara, California. CNBC Quantum computing…
AI chipmaker Cerebras withdraws IPO

AI chipmaker Cerebras withdraws IPO

Artificial intelligence chipmaker Cerebras Systems said on Friday that it’s withdrawing plans…
Amazon shuts 4 Fresh stores in Southern California after UK closures

Amazon shuts 4 Fresh stores in Southern California after UK closures

An employee arranges a salad dressing display at an Amazon Fresh grocery…
Silicon Valley’s defense tech startups are booming as war shifts

Silicon Valley’s defense tech startups are booming as war shifts

Guvendemir | E+ | Getty Images A wave of defense tech startups…
Taiwan rejects U.S. proposal for ’50-50′ chip production

Taiwan rejects U.S. proposal for ’50-50′ chip production

Taiwan Semiconductor Manufacturing Company, Limited at Hsinchu Science Park. Annabelle Chih |…
Palantir up 1,700% since NYSE debut five years ago. How it got there

Palantir up 1,700% since NYSE debut five years ago. How it got there

People walk by a banner featuring the logo of Palantir Technologies (PLTR)…
Taiwan should only produce half of America’s chips, says U.S. Commerce Chief

Taiwan should only produce half of America’s chips, says U.S. Commerce Chief

A logo of the Taiwan Semiconductor Manufacturing Company (TSMC) displayed on a…
How Google abandoned facts for ‘free expression’

How Google abandoned facts for ‘free expression’

Google CEO Sundar Pichai waves as he arrives to attend the Artificial…
How ‘nudify’ site stirred group of friends to fight AI-generated porn

How ‘nudify’ site stirred group of friends to fight AI-generated porn

In June of last year, Jessica Guistolise received a text message that…
Trump calls for firing of Lisa Monaco, Microsoft global affairs head

Trump calls for firing of Lisa Monaco, Microsoft global affairs head

U.S. Deputy Attorney General Lisa O. Monaco speaks as Attorney General Merrick…
NASA Marshall Space Flight Center director Joseph Pelfrey resigns

NASA Marshall Space Flight Center director Joseph Pelfrey resigns

A crane towers above the mobile launcher 2 adjacent the Vehicle Assembly…
AI finance startup Light raises funding from Revolut backer Balderton

AI finance startup Light raises funding from Revolut backer Balderton

Light uses artificial intelligence to automate companies’ finance and accounting functions. Light…
Alibaba shares rise over 6% after CEO unveils new AI products and spending plans

Alibaba shares rise over 6% after CEO unveils new AI products and spending plans

Alibaba‘s Hong Kong-listed shares surged on Wednesday to reach their highest point…
Apple now controls all core iPhone chips, prioritizing AI workloads

Apple now controls all core iPhone chips, prioritizing AI workloads

iPhone Air is the big newcomer among Apple‘s latest lineup that went…
Apple-supplier Luxshare shares pop 10% on report of OpenAI hardware deal

Apple-supplier Luxshare shares pop 10% on report of OpenAI hardware deal

In this photo illustration, the Luxshare Precision company logo is seen displayed…
Navan files for IPO with corporate travel firm riding deal market boom

Navan files for IPO with corporate travel firm riding deal market boom

Navan, the business travel, payments, and expense management startup, filed on Friday…
NBA star Kevin Durant can’t unlock his Coinbase bitcoin account

NBA star Kevin Durant can’t unlock his Coinbase bitcoin account

Kevin Durant #35 of the Phoenix Suns looks on during the second…