Intel appointed four senior leaders, including a new chief revenue officer and top AI engineers, to strengthen its technical capabilities amid intensifying semiconductor industry competition.
Texas Instruments plans to invest $60 billion to expand U.S. chip manufacturing, creating 60,000 jobs. Apple, Ford, Medtronic, NVIDIA, and SpaceX support the initiative.
The company said its seven factories will span three manufacturing mega-sites and manufacture “hundreds of millions” of U.S.-made chips daily, while creating over 60,000 new U.S. jobs.
The global market for humanoid robots is set to soar, with a UBS report predicting a significant increase in their numbers by 2050. This forecast is expected to have a substantial impact on various industries.
Apple’s first quarter results modestly exceeded Wall Street’s expectations, but the market responded negatively amid persistent concerns about trade policy and margin pressures. Management cited growth in the iPhone, Mac, and iPad lines, along with an all-time high in Services revenue. CEO Tim Cook pointed to new product launches, including the iPhone 16e and M4-powered MacBook Air, as key contributors. However, he acknowledged that headwinds—such as shifting supply chain dynamics and the impact of tariffs—were top of mind, stating, “For the March quarter, we had a limited impact from tariffs as we were able to optimize our supply chain and inventory.”
Apple Inc. avoided a $300 million patent infringement penalty on Monday after a federal appeals court ruled that faulty jury instructions violated the tech giant's constitutional rights in its dispute with patent licensing firm Optis Cellular Technology.
Steve Jobs was a tough boss but also generous, surprising employees with gifts like a Jaguar. His management style is praised by some, but not for everyone.
Stay informed about the most active S&P500 stocks in today's session as we take a closer look at what's happening on the US markets on Tuesday. Discover the stocks that are generating the highest trading volume and driving market activity.
