technology News
TSMC Shares Dip as Tesla Adds Samsung to AI Chip Production
Elon Musk's move to dual-source its next-generation AI5 chip introduces new competition for the world's largest semiconductor foundry.
Nokia Surges as AI and Cloud Demand Fuels Earnings Beat
The Finnish telecom giant's Network Infrastructure unit saw robust growth as hyperscalers ramp up spending on data center connectivity.
Tesla Pivots AI Strategy, Shelves Dojo for Samsung Chip Partnership
Amidst falling quarterly profits, the EV maker is shutting down its costly Dojo supercomputer to focus on a new generation of AI chips manufactured by Samsung.
Software Sector on Edge as US Weighs Broad Export Curbs
Tech stocks face fresh geopolitical headwinds amid reports of potential new restrictions aimed at China, threatening global revenue streams.
Apple Stock Slips Amid Dual EU Legal Battles Over Digital Markets Act
Shares fall as civil rights groups file a new antitrust complaint, just one day after Apple launched its own legal challenge against the landmark tech regulation.
Applied Digital Surges on $5 Billion AI Data Center Deal
Shares jump after the company secures a 15-year, 200 MW lease with a major U.S. hyperscaler, signaling massive demand for AI infrastructure.
POET Technologies Stock Surges on Landmark $5 Million AI Order
The deal for its optical engines is more than ten times the company's entire 2024 revenue, signaling a potential commercial breakthrough.
Meta Cuts 600 AI Roles in Strategic Pivot to 'Superintelligence'
The layoffs occur even as the company plans a $65 billion spending spree on GPUs and data centers, signaling a deep refocusing of its AI ambitions.