Renewed hostilities between the U.S. and Iran, including attacks on commercial vessels in the Strait of Hormuz and reinstated U.S. sanctions on Iran, caused crude oil prices to rise sharply. This increase pressured economically sensitive sectors such as transportation, housing, and materials. Meanwhile, semiconductor stocks saw volatility but major investments from companies like SK Hynix, Apple, Broadcom, Nvidia, AMD, and Meta reinforced confidence in the long-term AI infrastructure cycle. Economic data showed firm services activity and labor markets, but high interest rates continued to restrain housing and consumer credit sectors.
Apple has filed a lawsuit against OpenAI and two former Apple employees, accusing them of attempting to steal confidential information related to Apple's hardware. The lawsuit claims a "pattern of thefts" and was filed in the U.S. District Court for ...
Apple has filed a lawsuit against OpenAI and two former employees, accusing them of stealing Apple's trade secrets related to unreleased technology. The suit claims that the ex-employees, Chang Liu and Tang Yew Tan, took confidential information when...
Apple has filed a lawsuit against OpenAI in Northern California, accusing the AI company of stealing trade secrets to develop its own consumer hardware. The suit claims OpenAI's chief hardware officer, a former Apple VP, directed Apple employees to s...
Apple has filed a lawsuit against OpenAI accusing it of stealing trade secrets and breaching contracts. The complaint alleges that OpenAI’s senior leadership, including Chief Hardware Officer Tang Tan, orchestrated the theft by recruiting Apple emplo...
The global Edge AI semiconductor market, valued at $25.36 billion in 2025, is projected to grow to $151.30 billion by 2035 with a CAGR of 19.57%. Growth is fueled by increasing use of AI processors in consumer electronics, automotive, healthcare, and...
