TSMC first-quarter profit tops estimates, rising 60%, but Trump trade policy threatens growth
TSMC beat profit expectations for the first quarter, thanks to a continued surge in demand for AI chips.
CNBC
Nvidia says it follows export laws ‘to the letter’ a day after AI chip sales to China stopped
Nvidia said in a statement that its exports help alleviate the U.S. trade deficit.
Former cybersecurity agency chief Chris Krebs leaves SentinelOne after Trump targets him in executive order
A week after President Trump specifically targeted Chris Krebs in an executive order, the former head of CISA has left SentinelOne.
Temu slashes U.S. ad spending, plummets in App Store rankings after Trump China tariffs
Trump’s tariffs have upended Temu’s business model and its advertising strategy.
Temu slashes U.S. ad spending, plummets in App Store rankings after Trump China tariffs Read More »
Spotify is down. Company says it is working to fix it
The music streaming giant did not provide details about the scope of the outage.
Spotify is down. Company says it is working to fix it Read More »
AMD expects $800 million hit from U.S. chip restrictions on China
Advanced Micro Devices said it could incur charges of up to $800 million for exporting some products to China and other countries.
AMD expects $800 million hit from U.S. chip restrictions on China Read More »
Chip stocks fall as Nvidia, AMD warn of higher costs from China export controls
The chipmaking sector offered up fresh signs that President Donald Trump’s sweeping tariff plans could hamper demand.
Chip stocks fall as Nvidia, AMD warn of higher costs from China export controls Read More »
Lyft to buy taxi app Free Now for $200 million to expand into Europe
The acquisition — Lyft’s first in Europe — is expected to close in the second half of 2025.
Lyft to buy taxi app Free Now for $200 million to expand into Europe Read More »
Google faces £5 billion lawsuit in the UK for abusing ‘near-total dominance’ in search
A class action lawsuit filed Tuesday in the U.K. Competition Appeal Tribunal claims Google abused its position to restrict competing search engines.
Google faces £5 billion lawsuit in the UK for abusing ‘near-total dominance’ in search Read More »
Critical chip firm ASML posts lower-than-expected net bookings in first quarter
ASML reported net bookings of 3.94 billion euros ($4.47 billion) for the first quarter, versus a Reuters reported forecast of 4.89 billion euros.
Critical chip firm ASML posts lower-than-expected net bookings in first quarter Read More »