U.S. Approves Major AI Chip Sales to UAE and Saudi Arabia
The U.S. greenlights the sale of up to 70,000 advanced AI chips to UAE and Saudi companies, reversing earlier restrictions and reshaping global AI competition.
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Nvidia Crushes Expectations with $65B Revenue Forecast Despite AI Bubble Fears
Nvidia beats expectations with $65B Q4 forecast as AI chip demand stays strong. Shares jump 4% despite concerns about sustainability of AI spending boom.
Saudi Arabia and Microsoft Make Major AI Moves Amid Market Caution
Saudi Arabia's Humain announces multi-gigawatt data center deals with US tech giants, while Microsoft invests $5B in Anthropic. Analysts warn on hyperscaler economics.
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AMD posts record $9.2B revenue in Q3 2025 with strong AI and PC sales, but its $9.6B Q4 forecast leaves some investors cautious amid high expectations for AI-driven growth.
Adeia Shares Fall 18% After Cutting Full-Year Guidance and Suing AMD Over 10 Semiconductor Patents
Adeia stock dropped 18% after lowering its 2025 revenue forecast and filing a patent infringement lawsuit against AMD involving ten semiconductor patents, including hybrid bonding and advanced node technologies.