Elon Musk says Tesla needs a "terafab"—a massive chip plant—to power its future in self-driving cars (Cybercab) and robots (Optimus). Musk says "worth having discussions" with Intel to make chips.
Intel posts upbeat revenue forecast, boosted by rising PC demand and new investments from Nvidia, SoftBank, and the U.S. government. Shares jump as CEO Lip-Bu Tan’s cost cuts and turnaround strategy take shape.
Astera Labs partners with Arm Total Design to deliver chiplet connectivity for AI infrastructure using PCIe, CXL, and UALink amid recent stock volatility.
ASML Holding posted stronger-than-expected orders, fueled by the booming AI sector. While current quarter forecasts exceed consensus, the chip equipment giant predicts a significant decline in sales to China in 2026, leading to cautious long-term sales guidance.
Bank of America cuts Intel to Underperform rating, warning the $80B market cap surge outpaces reality. Concerns include weak AI strategy, uncompetitive chips, and limited options.
Chip rivals Intel and AMD are in talks for Intel to make some of AMD's chips in the US. Intel needs a win, but its tech lags TSMC.
