U.S. Army Selects Navitas to Develop 10,000-Volt SiC Power Chips
The U.S. Army selected Navitas to develop 10 kV silicon carbide chips under the ALATTIS program for defense and critical infrastructure use.
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AMD Acquires World Labs to Shape the Next Wave of AI Compute
AMD is buying Fei-Fei Li’s spatial AI lab, World Labs, for $8.2 billion in stock. The transaction is expected to close by late 2026.
SpaceX Starship Reaches Orbit for the First Time — Then Comes Home Early
The spacecraft successfully deployed 26 Starlink satellites, marking a major milestone on its 14th test flight and advancing SpaceX’s ambitions to send people to the Moon and Mars. However, the mission was only a partial success, as technical problems cut the flight short.
Israel Objects to $4.2 Billion Zim Sale Over Security and Independence Concerns
Qatar and Saudi funds own stakes in Hapag-Lloyd. Israel fears the $4.2B Zim sale could put vital sea links at risk.
Micron Earnings Preview: Street Sees Another Strong Quarter, Smaller Raise
Micron reports Wednesday. Analysts expect another strong quarter as memory demand and prices stay firm, with a smaller guidance lift.
Nvidia Approves Record $150 Billion Buyback as China Weighs Chip Sales to Alibaba and ByteDance
Nvidia launched the largest U.S. stock buyback ever with a $150B increase. Separately, China may approve RTX PRO 5500 sales to ByteDance and Alibaba.