STMicroelectronics offered a better-than-expected revenue forecast for the second quarter, suggesting a potential recovery in demand for automotive and industrial semiconductors. However, weaker-than-expected gross margin guidance and the absence of a full-year outlook tempered optimism, leaving analysts divided over whether the uptick reflects genuine demand or a short-term boost from tariff-related inventory moves.
Intel is preparing to unveil plans to cut more than 20% of its global workforce this week, according to a Bloomberg report citing a source familiar with the matter. The move marks a major restructuring under newly appointed CEO Lip-Bu Tan, who assumed the role last month.
As Washington and Beijing continue to unleash tariff volleys in their escalating trade war, few countries can remain untouched. But for Taiwan—a technology powerhouse strategically wedged between the two rival superpowers—the unfolding crisis may present both peril and possibility.
Huawei's CloudMatrix 384 (CM384) is making waves as the most ambitious AI hardware rollout in China to date—a rack-scale system powered by 384 Ascend 910C chips and positioned as a direct competitor to Nvidia's GB200 NVL72.