Intel Corp
The Tech Download: Reputational damage, supply chain issues and local investment. What’s next for Middle East tech?
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. The past week has seen some progress, albeit uneasy and stilted, being made towards ending the Iran war. A two-week ceasefire was agreed on Wednesday, and while it looks fragile, hopes of the conflict approaching a close are […]
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TSMC posts 35% jump in revenue to new record high as AI chip demand stays strong
Taiwan Semiconductor Manufacturing Company’s logo is seen in the background beside a printed circuit board. Sopa Images | Lightrocket | Getty Images Taiwan Semiconductor Manufacturing Co. on Friday posted another quarter of record revenue driven by demand for AI chips. For January to March, the world’s largest chipmaker reported revenue of 1.13 trillion new Taiwan […]
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Google expands partnership with Intel for AI chips
Intel Xeon 6 processors are shown to CNBC at Intel’s advanced packaging facility in Chanfler, Ariona, on November 17, 2025. Tony Puyol Google has committed to using multiple generations of Intel central processing units in its artificial intelligence data centers, an expansion of an existing partnership. Intel shares gained 2% on Thursday while Alphabet shares […]
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Bet on an Nvidia rally – and do it on the cheap – with this strategy, according to the charts
Few stocks capture the imagination of investors the way Nvidia (NVDA) does. The numbers alone are impressive: up more than 1,200% since October 2022, now the largest component in the S & P 500, and the only stock with a market capitalization above $4 trillion. To put that in perspective, Nvidia is worth nearly as […]
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AI’s next bottleneck: Why even the best chips made in the U.S. take a round trip to Taiwan
An underappreciated step in the chipmaking process is poised to become the next bottleneck for artificial intelligence. Every microchip used to power artificial intelligence must be put into hardware that can interact with the outside world. But right now, almost all of this chipmaking step, known as advanced packaging, happens in Asia, and capacity is […]
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Strait of Hormuz blockage upends global helium supply. This U.S. company could benefit
Exxon Mobil stands to gain as the Middle East war continues to squeeze global helium supply , according to UBS. The five-week-old war against Iran could pose a threat to the semiconductor sector, alongside other industries that depend on helium, such as medical imaging and space rockets. The U.S. Geological Survey estimates that before the […]
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Debris from aerial interception strikes Oracle building in Dubai, UAE says
Jaque Silva | Nurphoto | Getty Images The office of U.S. tech giant Oracle in Dubai was damaged by falling debris, the city’s media office said on Sunday, as Iran continued to fire projectiles at targets around the Middle East in retaliation against U.S. and Israeli strikes. “Authorities confirm that they responded to a minor […]
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Stocks making the biggest moves midday: Eli Lilly, Hasbro, Philip Morris, Intel, Micron & more
Check out the companies making the biggest moves in midday trading: Eli Lilly — The Food and Drug Administration approved Foundayo , the company’s once-a-day GLP-1 pill to treat obesity. Shares rose about 4% on the news. Hasbro — The toymaker fell more than 4% after it disclosed a cybersecurity incident where there was unauthorized […]
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Intel shares jump 9% after buying back Ireland chip fab in sign of renewed strength
Intel shares jumped 9% Wednesday after the U.S chipmaker announced it would repurchase the 49% equity interest it did not own in its Fab 34 chip facility in Ireland for $14.2 billion. The semiconductor company sold the 49% stake in its Ireland manufacturing facility to buyout firm Apollo Global Management in 2024 for $11.2 billion. […]
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Iran threatens Nvidia, Apple and other tech giants with attack
Iran’s Islamic Revolutionary Guard Corps (IRGC) has threatened attacks on a swath of U.S. tech companies with operations in the Middle East, including Nvidia, Apple, Microsoft and Google. The IRGC warned on Tuesday that 18 tech companies would be considered as “legitimate targets” in retaliation for U.S. and Israeli strikes on Iran. Attacks on those […]
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