Arm CEO Rene Haas says investor fears about AI hurting software companies are a “micro-hysteria” that exceeds the reality of how businesses are using AI tools
Michael Acton /Financial Times:
Sources: the US Commerce Department finished reviewing Nvidia's H200 China license, but the State Department wants tougher restrictions, delaying final approval
The state department has pushed for close scrutiny before approving export licences — Michael Acton in San Francisco …
Q&A with ex-Intel CEO Pat Gelsinger on the “decay” at Intel, the Chip Act's terrible execution, the irony of Lip-Bu Tan broadly following his strategy, and more
Michael Acton / Financial Times :
Intel CTO and AI officer Sachin Katti says he is leaving the company after four years to join OpenAI; Intel says CEO Lip-Bu Tan will take over its AI efforts
follows another AI data center exec out the door, Lip Bu-Tan to take up the slack Proactive : Intel AI chief Sachin Katti departs to join OpenAI Tom / NextBigWhat : Intel's AI chief Sachin Katti joins...
Nvidia opens at a $5T market cap, becoming the first company to hit the milestone, climbing 5% in early trading; NVDA is up 50% in 2025 and 1,275% since 2022
US chip giant's stock propelled by strong sales of AI systems and prospect of access to China — Michael Acton in San Francisco …
Study: the US is on track to add more construction for computer and electronics manufacturing in 2024 alone than it did during the 20 years before the CHIPS Act
Michael Acton / Financial Times :
Super Micro says an independent probe into concerns flagged by former auditor EY found “no evidence of fraud or misconduct” by its management or board
Michael Acton / Financial Times :
AMD agrees to buy New Jersey-based ZT Systems, founded in 1994 to design and make servers, server racks, and other infrastructure, for $4.9B, closing in H1 2025
chipmaker strengthens AI ecosystem with ZT Systems' expertise in server design Josh Norem / ExtremeTech : AMD Acquires AI Infrastructure Company ZT Systems for $4.9 Billion Diana Goovaerts / Fierce Ne...
The EU opens formal DMA probes into Apple and Google over letting developers “steer” users from their app stores, and Meta over its “pay or consent” model
Apple fans: “The EU must approve of Apple's plans, otherwise Apple wouldn't have announced them” — The EU: “Hang on a minute...” https://www.theverge.com/... Jan Penfrat / @ilumium@eupolicy.social :...
Apple Q1 revenue: iPhone up 6% YoY to $69.7B, Mac up 1% YoY to $7.78B, iPad down 25% YoY to $7.02B, and Wearables, Home, and Accessories down 11% YoY to $11.95B
sort of Ed Hardy / Cult of Mac : Strong iPhone sales power Apple back to revenue growth Larry Dignan / Constellation Research : Apple Q1 better than expected, services strong as product lines mixed Al...