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…
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…
EU Opens Three-Year Antitrust Case Against Broadcom
The pressure has been building for months, and on Thursday it became official. The European Commission has opened a three-year antitrust case against Broadcom, according to people familiar with the…
Apple Courts Chip Startups as AI Server Plans Slip
The call came in quietly. Over the past weeks, executives from Apple’s silicon group have reached out to a handful of semiconductor startups to sound out interest in an acquisition,…
Anthropic Steps Up IPO Prep With Investor Meetings
The meetings are starting to appear on calendars. Anthropic executives have begun sitting down with prospective investors, according to a person familiar with the plans, as the artificial intelligence company…
OpenAI Asks Court to Dismiss xAI Suit and Collect Legal Fees
The filing arrived Monday morning with a blunt demand: OpenAI asked a federal judge to declare that xAI’s trade-secret lawsuit “should never have been brought,” and to order Elon Musk’s…
Nvidia Denies Report That Its Rubin Ultra Rack System Slips to 2028
A report from chip analyst firm SemiAnalysis landed this week with a claim that rippled through the AI trade: Nvidia’s next flagship rack system, code-named “Kyber” and built around its…
