All articles tagged with #chips
Portuguese police arrested the boys’ mother and a 55-year-old man on suspicion of abuse, endangerment and abandonment after two French children, aged four and five and reported missing from Colmar, were found abandoned beside a main road near Comporta. The children have been taken to hospital for observation as a judicial inquiry and police investigation continue.
US stock index futures rose, led by chipmakers, as Treasury yields pulled back, signaling cautious optimism ahead of key data and earnings.
Markets slipped after reports that U.S.-China talks did not address chips, with the S&P 500 down 0.8%, the Dow off 0.7%, and the Nasdaq Composite down 1.4%, while Treasury yields rose.
Asian stock markets dipped as a rally in chipmakers cooled amid doubts over U.S. sales to China, with attention on more Trump-Xi talks in Beijing. China steadied near multi-year highs while South Korea’s KOSPI surged lower led by chipmakers, Japan’s Nikkei and Hong Kong’s Hang Seng fell, and Australia was flat as India rose modestly; traders await further details from the summit and potential chip-export-control developments.
Ben Thompson argues Amazon is turning its logistics and hardware bets into a durable competitive advantage: the new Amazon Supply Chain Services packages its freight offerings for third parties, expanding the moat beyond e‑commerce; AWS is moving from pure IaaS to a platform/PaaS model, aided by in‑house chips (Graviton, Trainium) and disaggregated networking. Thompson notes AI workloads favor Amazon’s architecture for inference and agentic tasks, while Nvidia’s GPU dominance may push Amazon to rely more on its own silicon. Big bets like Leo satellites and drone delivery fit a pattern of immense upfront investment to monetize over decades, leveraging a trusted physical-distribution backbone to outlast rivals.
Utz Quality Foods is recalling several Zapp's and Dirty-brand potato chips nationwide due to a seasoning ingredient (dry milk powder) that could contain salmonella, per an FDA recall notice. No illnesses have been reported; consumers should discard the products and contact Utz at 1-877-423-0149 for questions. The recall was announced May 4, 2026.
U.S. stocks slipped as chip-related and tech names dragged the market after an OpenAI-related report, with the Dow, S&P 500, and Nasdaq closing lower; a mix of AI-focused stocks moved sharply—some up while others fell—while oil prices rose.
Tech shares rose on AI optimism while Brent crude climbed on stalled U.S.-Iran peace talks, signaling potential disruption to Middle East energy exports; investors awaited a week of central-bank decisions and major tech earnings, with Intel’s upbeat forecast helping risk appetite and Goldman boosting Brent outlook amid expectations of a Gulf export restart.
Anker has unveiled a custom neural-net compute-in-memory AI chip called Thus to bring on-device AI to its devices, beginning with Soundcore earbuds that will use a larger, energy-efficient neural network for better noise cancellation and voice pickup, with plans to expand to other products.
Micron stock fell roughly 17% after a strong earnings report, but Wall Street analysts nevertheless upgraded price targets, wagering on robust demand for Micron’s high-bandwidth memory used in AI data centers and signaling this week’s selloff may overlook the stock’s longer‑term growth potential.
At its GTC conference, Nvidia unveiled a product that pairs its chips with Groq’s acceleration tech to boost AI inference speed and cut costs, a move aimed at defending its dominant hardware position as rivals advance. The announcement follows Nvidia’s $20 billion Groq licensing deal and includes NemoClaw to help software companies deploy AI agents, all while supply-chain and manufacturing constraints shape growth prospects for its Rubin and Blackwell line.
Apple launches the MacBook Neo at $599—the cheapest MacBook ever—powered by the A18 Pro chip, with fewer features and RAM, prompting comparisons to the $800 Apple Watch Ultra 3 and sparking a broader debate about pricing and how Apple segments its lineup.
Nvidia is nearing a $30 billion direct stake in OpenAI, replacing its earlier $100 billion infrastructure commitment, as part of a funding round valuing OpenAI at about $730 billion pre-money. The deal would not be tied to milestones, though Nvidia could join future rounds to fulfill the original plan, with other backers including Amazon, SoftBank, and Microsoft. The move reinforces Nvidia’s AI-hardware strategy amid intense chip competition, but it has reignited talk of circular financing and could draw regulatory scrutiny as OpenAI relies on Nvidia gear for its GPT-series progress.
Despite Amazon’s $200 billion capex pledge for 2026 and a small earnings miss, top analyst Daniel Sparks says the market overreacted and presents a buying opportunity for long-term holders. He notes Amazon is monetizing capacity as it installs it, points to a fast-growing $10 billion chips business, and cites strong top- and bottom-line growth with guided 11–15% revenue growth for Q1 2026. With a Strong Buy consensus and a roughly 34% upside to a $281.68 12-month target, Sparks argues the capex cycle could pay off megacap investors over time.
At the Leuven hub opening, EU officials and chip leaders argue Europe supplies critical chipmaking tech—such as ASML's EUV systems—challenging the view that the U.S. dominates tech and signaling plans for reverse dependencies and a second Chips Act.