TSMC Accelerates US Production to Meet AI and High-Performance Computing Demand

TSMC is accelerating production at its Arizona semiconductor facility, driven by “explosive growth” for AI from U.S. and global customers.

US Retail Sales Show June Rebound as Consumers Shrug Off Tariffs

Retail sales surged at a higher-than-expected pace of 0.6 percent in June, according to Commerce Department data released on July 17.
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Nvidia Says Washington Has Given Nod to Sell H20 AI Chips to China

Nvidia expects to resume sales of H20 graphics processing units to China as U.S. govt give assurances it will grant the tech giant’s license applications.

DOJ Shuts Down Investigation on T-Mobile-UScellular Merger

DOJ no longer opposes the merger of T-Mobile and UScellular and has closed its investigation into the matter, the department said in a July 10 statement.

MP Materials Secures Rare Earths Deal With DOD, Shares Surge 50 Percent

MP Materials Corp. announced a public-private partnership with the DOD to build out rare earth magnet supply chain and reduce dependency on China.

Linda Yaccarino Steps Down as CEO of X

Linda Yaccarino, the CEO of social media platform X, announced that she will be stepping down from the post after joining the platform in May 2023.

AT&T Will Pay $177 Million to Settle Data-Breach Lawsuits: 4 Things to Know

AT&T agreed to pay $177 million to settle two class-action lawsuits related to data breaches that targeted AT&T customers in recent years.

Winners and Losers in GOP Megabill

Manufacturers and small businesses look forward to big benefits in the reconciliation package. For the renewable energy sector, not so much.