Intel’s $15 Billion Offering Bets on AI Boom
SANTA CLARA, Calif.–Intel’s stock had a rough stretch in recent years, as the company lost its lead in chip manufacturing and watched its market value shrink. This week, the company…
TSMC Posts Record July Revenue on AI Orders
TAIPEI–The monthly revenue report from Taiwan Semiconductor Manufacturing Co. has become a ritual for the global chip industry, a monthly check on whether the artificial-intelligence boom is still feeding through…
Microsoft to Launch Maia 300 AI Chip Next Month
REDMOND, Wash.–For years, Microsoft’s AI infrastructure strategy had a simple shape: buy almost everything from Nvidia. The company’s Azure cloud grew into one of the world’s largest consumers of Nvidia…
Google Play Adds Venmo, Opening App Store Payments
MOUNTAIN VIEW, Calif.–For a decade, buying apps on Google Play meant paying with a Google account: credit cards, carrier billing, and Google Pay were the options, and developers grumbled about…
SK Hynix Ex-Employee Gets 18 Months for Chip Leak
SEOUL–The trial lasted more than a year, and the technology at issue was worth more than most criminal cases in South Korea: manufacturing know-how for semiconductor memory, the industry that…
Hedge Fund Pours $400 Million Into Chip Startup
SAN FRANCISCO–The hedge fund Situational Awareness has made a career of unconventional bets, from trading strategies that shocked markets to positions that other funds avoided. On Aug. 9, it placed…
Anthropic Turns On Claude Code Auto Mode by Default
SAN FRANCISCO–For developers using Claude Code, Anthropic’s programming assistant, the workflow has been a partnership: the AI suggests code, and the human approves it. On Aug. 9, the company changed…
Meta Releases Muse Glimmer, Its Most Capable Open Model
MENLO PARK, Calif.–Mark Zuckerberg has a habit of using product launches to make political points, and the release of Meta’s newest AI model was no exception. The company unveiled Muse…
Novo Nordisk and AWS Open AI Drug Discovery Hub in London
LONDON–The most expensive part of drug development is the beginning: screening millions of compounds, predicting how they will behave, and deciding which few deserve the decade and billions of dollars…
iPhone 18 Pro’s Soaring Cost Tests Apple’s Pricing Power
CUPERTINO, Calif.–Inside Apple’s supply chain, the conversation this year has been about memory, and the numbers are stark. The bill of materials for the iPhone 18 Pro has risen 38…
