Intel’s upcoming earnings report will focus on AI CPU growth and foundry progress. Despite a recent stock pullback, investors seek proof of sustained AI CPU demand and Intel’s ability to scale production. The foundry business is key to its strategy, aiming to rival TSMC by expanding manufacturing capacity, particularly in the U.S. Recent deals and investments bolster confidence, with analysts expecting revenue and EPS growth. The company’s long-term prospects are viewed positively, highlighting its CPU leadership and foundry potential.

Microsoft and Amazon are expanding cloud gaming reach through new monetization. Xbox offers an ad-supported tier to reduce entry barriers, while Amazon integrates Luna into Prime Video to boost visibility. Both companies leverage cloud expertise but face adoption challenges due to connectivity. Xbox aims for affordable play amid a broader revitalization strategy. Amazon targets casual gamers via Prime Video integration, seeking to grow Luna’s user base.

A US official accused Chinese AI firm Moonshot AI of circumventing export controls to acquire advanced Nvidia chips for its Kimi K3 large language model. The Kimi K3, with 2.8 trillion parameters, shows reduced performance gaps compared to global leaders. The US is restricting high-performance AI chip exports to China to curb its AI ambitions. This incident highlights the intensifying AI competition and concerns over Chinese firms seeking computing power abroad.

Tech giants Alphabet and Tesla saw shares decline on concerns over increased AI spending, despite strong revenue. Tesla missed EPS expectations, while IBM also reported weaker results. Geopolitical tensions, including attacks on Saudi Arabian tankers, pushed oil prices up nearly 5%, nearing $90. Congress is considering bills to ban stock trading for members and restrict presidential involvement with cryptocurrencies. The EU approved the Paramount-Warner Bros. Discovery merger, while the US deal faces legal challenges. Comcast beat earnings and achieved profitability with its Peacock streaming service.

Nvidia’s new open-source Medical Physics Simulation framework enables healthcare robots to learn through “Physical AI,” acquiring embodied experience via detailed simulations rather than just data. This approach accelerates the generation of rare, critical scenarios, moving beyond traditional AI by simulating physical interactions and anatomical variations. It aims to provide a transparent, reproducible development process crucial for regulatory approval in the highly regulated healthcare sector. Leading companies are exploring this technology for various applications, though real-world clinical deployment of policies learned through this methodology is still in early stages.

Alphabet and Tesla shares dropped as both tech giants announced significant increases in AI-related capital expenditures. Investors are concerned about the mounting costs and their impact on profitability and competitive advantage, despite management reassurances and some positive segmental results like Google Cloud’s revenue surge.

AMD invests up to $5 billion in Anthropic for AI infrastructure, agreeing to supply tens of billions of dollars in AMD-powered AI systems, including Instinct MI450 accelerators. This strategic partnership, alongside similar deals with OpenAI and Meta, highlights AMD’s aggressive push to capture the AI market by integrating its technology and financial backing into large-scale AI deployments, positioning itself as a key hardware and investment partner for leading AI developers.

European regulators fined Google 890 million euros for allegedly favoring its own services, a significant action under the EU’s Digital Markets Act. The fine aims to curb anticompetitive practices by dominant tech firms.

China’s CXMT DRAM maker’s IPO is generating massive speculation in a nascent derivatives market, with offshore investors driving its perceived valuation to over $425 billion, far exceeding its offer price. This surge is due to limited access to the Shanghai STAR Market listing for international and mainland retail investors. Crypto traders on Hyperliquid are pricing the company at stratospheric heights, creating an arbitrage opportunity and highlighting the evolving role of decentralized finance in price discovery for inaccessible assets.

IBM revised its 2026 outlook downward due to mixed quarterly results, missing analyst expectations for EPS and revenue. Delays in mainframe sales impacted performance, causing a significant stock drop. Despite this, IBM highlighted progress in AI, including its new development partner “Bob,” and a planned U.S. quantum chip foundry, signaling a strategic focus on productivity and future tech growth.