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Global chip stocks drop as the US tariff rout on markets intensifies, extending last week's losses; Nvidia, Intel, ASML, SK Hynix, Infineon, and STMicro fall (Mauro Orru/Wall Street Journal) 07-04-2025

Mauro Orru / Wall Street Journal: Global chip stocks drop as the US tariff rout on markets intensifies, extending last week’s losses; Nvidia, Intel, ASML, SK Hynix, Infineon, and STMicro fall  —  The rout underscores investor concerns that tariffs could lead to higher prices for chips and subdue demand Lees verder op Tech Meme

Microsoft AI CEO Mustafa Suleyman says an “off-frontier” strategy of building models “three or six months behind” cuts costs and helps focus on some use cases (Jordan Novet/CNBC) 07-04-2025

Jordan Novet / CNBC: Microsoft AI CEO Mustafa Suleyman says an “off-frontier” strategy of building models “three or six months behind” cuts costs and helps focus on some use cases  —  Microsoft owns lots of Nvidia graphics processing units, but it isn’t using them to develop state-of-the-art artificial intelligence models. Lees verder op Tech Meme

Nintendo's and Sony's stocks closed down 7.85% and 10.04% on April 7 amid a Japan selloff driven by US tariffs; most Switches are assembled in China and Vietnam (Vlad Savov/Bloomberg) 07-04-2025

Vlad Savov / Bloomberg: Nintendo’s and Sony’s stocks closed down 7.85% and 10.04% on April 7 amid a Japan selloff driven by US tariffs; most Switches are assembled in China and Vietnam  —  Nintendo, fresh off the announcement of its pivotal next-generation Switch 2 console, is particularly vulnerable … Lees verder op Tech Meme

Bitcoin is down 10%+ to ~$76K after President Trump's global tariffs, far below its record price of nearly $110K on Trump's inauguration on January 20, 2025 (David Yaffe-Bellany/New York Times) 07-04-2025

David Yaffe-Bellany / New York Times: Bitcoin is down 10%+ to ~$76K after President Trump’s global tariffs, far below its record price of nearly $110K on Trump’s inauguration on January 20, 2025  —  The rapid drop shows that cryptocurrencies, which the president has promoted, are subject to the same market gyrations as any other risky asset. Lees verder op Tech Meme

Global chip stocks drop as the US tariff rout intensifies, extending losses from last week; Nvidia, Intel, ASML, SK Hynix, Infineon, and STMicro all fall (Mauro Orru/Wall Street Journal) 07-04-2025

Mauro Orru / Wall Street Journal: Global chip stocks drop as the US tariff rout intensifies, extending losses from last week; Nvidia, Intel, ASML, SK Hynix, Infineon, and STMicro all fall  —  The rout underscores investor concerns that tariffs could lead to higher prices for chips and subdue demand Lees verder op Tech Meme

Huawei says it “terminated the employment of two individuals” from April 1 and suspended a third from April 2 in response to the EU corruption scandal (Mathieu Pollet/Politico) 07-04-2025

Mathieu Pollet / Politico: Huawei says it “terminated the employment of two individuals” from April 1 and suspended a third from April 2 in response to the EU corruption scandal  —  Chinese tech giant is at the center of Belgian investigation into wrongdoing.  —  BRUSSELS — Huawei has fired two employees … Lees verder op Tech Meme

Stanford's 2025 AI index: China files more AI patents than the US, but US companies produced 40 frontier models, compared to 15 from China and three from Europe (Will Knight/Wired) 07-04-2025

Will Knight / Wired: Stanford’s 2025 AI index: China files more AI patents than the US, but US companies produced 40 frontier models, compared to 15 from China and three from Europe  —  New research from Stanford suggests artificial intelligence isn’t ruled by just OpenAI and Google, as competition increases across the US, China, and France. Lees verder op Tech Meme