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China's Huawei announced a new chip manufacturing technique called "logic folding" that alters how signals pass through transistors, potentially removing the need for extreme miniaturization.
China faces export controls that prevent it from acquiring advanced EUV chip manufacturing technology from companies like ASML.
China is extending travel restrictions to AI researchers in the private sector, requiring them to get government permission before going abroad for business or leisure.
Micron's CEO predicts that the current shortage of memory chips will continue well beyond 2026.
Qualcomm has secured a deal to supply millions of ASICs to ByteDance for its AI data centers.
UBS raised its price target on Micron to a street-high of $1,625 per share, up from $535.
Micron is investing $200 billion in the United States to expand its semiconductor manufacturing capabilities.
Micron plans to increase its US-based production from 10% of its total output today to approximately 40% over the next 10 years.
Micron's US expansion is expected to create 90,000 new jobs.
Pope Leo XIV and Anthropic co-founder Christopher Ola launched the pontiff's first encyclical on AI, titled "Magnificat Humanitas."
Pope Leo XIV stated that AI should be "disarmed" to protect humanity and called for it to be freed from monopolistic control.
Uber has made an offer to acquire Delivery Hero at a valuation of approximately €10 billion, or €33 per share.