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AI bubble pops: Tech stocks plummet with another potential 25% drop, analysts warn

Global semiconductors, after more than a year of carrying the stock market on their shoulders, are in a volatile free fall.  The rout in these...

Intel stock plunges as company announces cost cutting plan to slash jobs, suspend dividend

Chip giant Intel (INTC) reported its second quarter earnings after the bell on Thursday, missing on the top and bottom lines, and announcing a...

Apple did NOT use any NVIDIA AI GPUs to train its AI models, used Google TPU chips

Apple has said it has been using Google TPU chips to train its AI software infrastructure, which will power its upcoming suite of Apple...

Bay Area tech layoff totals jump to worst pace in more than a year

Bay Area tech layoffs soared to their highest quarterly total in over a year, an ominous sign the crucial sector’s wrenching cutbacks have yet...

Boeing calls time on the Great American Outsourcing

Spirit AeroSystems is...

An exploded bridge, a car dealership cyberattack, and Boeing’s slow CEO search: Business news roundup

CDK Global has been forced to shut down its dealership management for the second day in a row after being struck by back-to-back cyberattacks....

TSMC wins Google and Qualcomm 3nm orders away from Samsung Foundry over yield, power issues

TSMC has just secured orders from US tech giants Google and Qualcomm for next-gen 3nm, as Samsung Foundry is having issues with yields and...

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