Kirsti Knolle / Reuters: The European Commission approves €659M in German state aid to support four first-of-a-kind chip facilities in Germany, saying they will strengthen EU autonomy — The European…
Wen-Yee Lee / Reuters: A Taiwanese minister says TSMC plans two more advanced chip packaging plants in Chiayi Science Park, with all four expected to generate $9.35B+ in annual output — Taiwan Semiconductor…
Reuters: SK Hynix CEO Kwak Noh-Jung says the memory industry is heading for its worst-ever supply shortage in 2027 and demand will outstrip supply beyond 2030 — SK Hynix (000660.KS) Chief Executive Kwak Noh-jung…
Karen Freifeld / Reuters: The Department of Commerce loosens export controls to the UAE, letting G42 and US companies like Apple, Meta, and xAI export AI chips to UAE without a license — The U.S. Department of…
Muvija M / Reuters: The UK designates Microsoft, Google, Amazon, and Oracle as critical third-party financial sector suppliers, bringing them under direct regulatory oversight — Britain has designated cloud…
Wen-Yee Lee / Reuters: Taiwan's leading DRAM maker Nanya Technology expects its capex to hit ~$6.2B in 2027, up 4x YoY, and reports unaudited Q2 revenue of ~$2.6B, up 684% YoY — Taiwanese memory chipmaker Nanya…
Foo Yun Chee / Reuters: SAP will make it easier for customers to switch to rival service providers or end contracts, averting a possible EU antitrust fine after a September 2025 probe — SAP (SAPG.DE), Europe's…
Hannah Lang / Reuters: Coinbase's chief legal officer, Paul Grewal, is stepping down after six years; VP of legal Molly Abraham moves into his role with the title of general counsel — Coinbase (COIN.O)'s Chief…
Reuters: Internal memo: Meta plans to begin production of its in-house AI chip, codenamed Iris, in September, and aims to boost its computing power to 14GW in 2027 — Meta Platforms (META.O) plans to start…
Nikunj Ohri / Reuters: India scraps import duties on some parts used to make devices like phones until March 31, 2029, removing 7.5% and 5% levies, which might help Apple and Xiaomi — India has scrapped import…
Paul Sandle / Reuters: US cybersecurity and data resilience company Rubrik plans to invest $500M+ in the UK over the next five years and establish its European headquarters in London — U.S. cybersecurity and data…
Daniel Wiessner / Reuters: Block agrees to pay $45M and offer live customer support for Cash App to settle claims by 46 US states that the company failed to protect users from fraud — Block (XYZ.N) has agreed to…
Rajasik Mukherjee / Reuters: China's Nexchip Semiconductor says it aims to raise around $890.37M in its Hong Kong share sale by offering 216.2M shares at ~$4.12 per share — China's Nexchip Semiconductor…
Foo Yun Chee / Reuters: The EU General Court dismisses Apple's legal challenges against its designation as a DMA “gatekeeper” for its App Store and iOS; Apple filed the case in 2024 — Apple (AAPL.O)…
Puyaan Singh / Reuters: Sleep apnea device maker ResMed agrees to sell its software business MatrixCare to PE firm Frazier for $490M in cash; ResMed bought MatrixCare for $750M in 2018 — ResMed (RMD.N) said on…
Byron Kaye / Reuters: Study: 50 test accounts created in Australia across nine platforms were never asked to verify their age, despite the Australian law mandating a ban on under-16s — Australia's online…
Fanny Potkin / Reuters: Sources: Beijing recently held meetings with Alibaba, ByteDance, Z.ai, and others to discuss restricting overseas access to advanced open and closed AI models — Chinese authorities have…
Reuters: Sources: DeepSeek is in the early stages of developing its own AI chip designed for inference, in a bid to reduce its reliance on Nvidia and Huawei hardware — Chinese startup DeepSeek is developing its…