TSMC Posts Record Quarter, Adds $100 Billion to Arizona Bet
The numbers came out of the earnings call in Taipei first. Taiwan Semiconductor Manufacturing Co. reported net income of 706.6 billion New Taiwan dollars, about $21.9 billion, for the second…
Anthropic Lines Up Credit, Blackstone Venture Ahead of IPO
The paperwork is piling up in the banks’ deal rooms. Anthropic is in talks with lenders about a multi-billion-dollar credit facility, according to people familiar with the matter, the kind…
NVIDIA’s Japan Deal Builds a National AI Factory on Rubin Chips
The stage was set in Tokyo, and the setting was unusual even for NVIDIA. Chief executive Jensen Huang appeared on July 16 alongside Japan’s trade minister, Ryosei Akazawa, to announce…
Microsoft Turns Its Sales Force Against OpenAI, Google and Anthropic
The training sessions have a new script. Microsoft is instructing its global sales teams to push the company’s own Copilot AI models over products from OpenAI, Google and Anthropic, according…
SpaceX’s First Post-IPO Starship Test Puts a Stalled Stock on the Line
The countdown is set for 5:45 p.m. Central time. Starship Flight 13, the first orbital test of the giant rocket since SpaceX went public in June, is scheduled to lift…
OpenAI’s First Gadget Is a $230 Keyboard Built for AI Agents
The device looks like a prop from a science fiction film set. Codex Micro, OpenAI’s first consumer hardware product, is a compact desktop keyboard with a row of programmable keys,…
ASML Lifts Outlook on AI Chip Demand, Faces New Export Scrutiny
The order book told the story before the executives did. ASML, the Dutch company that makes the lithography machines used to print the world’s most advanced chips, reported second-quarter results…
Intel Ships First Chips Made on ASML’s $400 Million High-NA Machines
The machine weighs 165 tons and cost around $400 million, and Intel has put it to work. On July 15, ASML confirmed that Intel Foundry has become the first chipmaker…
Korea’s Stock Market Tumbles as Chip Giants Lead a Broad Selloff
The screens in Seoul turned red early and stayed that way. Korea’s KOSPI index fell more than 6% on Thursday, its steepest single-day decline in years, as investors dumped the…
AMD Keeps Falling Even as Wall Street Raises Its Targets
The upgrades kept coming, and the stock kept falling. Advanced Micro Devices shares slid again on Thursday, extending a run of losses, even as UBS and Bank of America raised…
