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ASML hikes sales forecast for second time this year on strong AI chip demand
ASML on Wednesday raised its guidance for a second time this year as its customers continue to ramp up their production capacity of AI chips.
Why Europe is suddenly betting big on drones
Drones and autonomous systems are moving from niche battlefield tools to a core part of modern warfare.
Cybersecurity stocks rally on AI spending change comments from IBM's Krishna
IBM CEO Arvind Krishna told CNBC's Sara Eisen that some major deals were put on hold toward the end of the quarter as businesses rethink spending.
Zipline adds ex-Tesla, Uber, Waymo execs to make drone delivery mainstream across U.S.
Zipline is growing its drone delivery business in the U.S., and has hired former Tesla, Uber Eats and Waymo executives to help it scale up in new markets.
Taiwan's second-largest chipmaker starts mass production in Singapore; Citi sees improving outlook
Taiwan’s UMC has kicked off mass production of silicon photonics wafers at its Singapore facility amid positive Citi forecast.
Burnout, frustration and heartbreak: Amazon layoffs take their toll in saturated job market
In the eight-plus months since Amazon announced its most expansive job cuts ever, laid off workers have been thrust into an increasingly saturated labor market.
Kraken to launch agentic trading as crypto exchanges evolve beyond crypto
Kraken is preparing to relaunch its app with agentic trading at its core, the company told CNBC exclusively.
SK Hynix stock set for Nasdaq debut, opening the trillion-dollar chip giant to U.S. investors
SK Hynix has soared to a trillion-dollar market cap by serving some of the biggest names in technology, including Nvidia and Apple.
SambaNova hits $11 billion valuation as investors back Nvidia chip challengers
SambaNova is valued at $11 billion after fresh financing led by General Atlantic, as AI chip startups look to challenge Nvidia.
This former Apple executive is betting on Shenzhen, not Silicon Valley, to create the 'next Apple'
Startups building consumer electronics will have a better shot at becoming the next Apple in Shenzhen than in Silicon Valley, said Will Wang, CEO of China's smart-glasses startup.
Tech leads first half stock gains — but the biggest winners weren't in the U.S.
U.S. Big Tech stocks enjoyed strong gains — despite a sharp sell-off at the end of June — but were largely outperformed by their international counterparts.
China-linked actors target more than technology as AI competition with U.S. intensifies
Cyberattacks from China-based entities are on the rise and not just targeting specific tech, analysts warn, as the U.S. AI race intensifies.
White House AI crackdown opens door for Chinese model makers to close gap
The Trump administration's crackdown on Anthropic's leading artificial intelligence models is looking like a gift to China.
Australia's competition regulator takes Amazon to court over alleged unfair Prime subscription contract terms
Australia's competition regulator is taking Amazon to court, alleging its Prime contracts required subscribers to pay AU$2.99 to avoid advertising, with no option for refunds
Oracle stock has worst week since 2001 dot-com bust as AI financing concerns escalate
Oracle's surging spending, negative free cash flow and $130 billion debt pile are weighing on the stock.
GameStop’s CEO just sacrificed a $35 billion pay package. Here’s how it could impact his effort to buy eBay
Ryan Cohen has shared few details on how he'll move forward with his $56 billion offer for eBay since the company rejected the proposal in May.
TikTok and YouTube are reinventing sports viewership. Broadcasters are taking note
Leagues, teams and media networks are increasingly meeting younger fans on social media as platforms like TikTok, Roblox and YouTube capture most of their time.
SK Hynix surges 11% after filing for blockbuster Nasdaq listing
Shares of South Korean chip giant SK Hynix surged 11% on Thursday after the company said it is seeking to raise as much as $29.4 billion.
Qualcomm inks deal for AI startup Modular to bolster software stack, data center buildout
Qualcomm is looking to expand its position in the data center market as AI demand skyrockets.
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