INTEL
Lubbock County hit by back-to-back Tornadoes; Homes damaged, power lines downed
Two tornadoes touched down in Lubbock County, Texas, on Wednesday, prompting a tornado warning and urgent shelter advisories. Emergency services responded to assess damage, with no fatalities reported. Structures were damaged, trees uprooted, and power lines downed. The National Weather Service is conducting surveys to determine the tornado strength as severe storms continue in the region.
Trump renegotiating Biden-era Chips Act grants, Lutnick says
Biden in 2022 signed the CHIPS and Science Act to plow $52.7 billion into boosting semiconductor chips manufacturing and research in the U.S. and luring chipmakers away from Asia. The program rolled out billions in grants for semiconductor heavyweights including Taiwan's TSMC, South Korea's Samsung and SK Hynix, as well as U.S.-based Intel and Micron .
GlobalFoundries boosts investment plans to $16 billion, with research focus
The Malta, New York-based company said it is working with the Trump administration to bring chip manufacturing technology and various components of that supply chain onto US soil.
Multiple polls show Donald Trump’s approval ratings shifting, is it a warning sign for the President?
Donald Trump's approval rating is going up in many new polls. Some show small changes, others show drops. But overall, he's doing better than before. This might help him and the Republican party in future elections, says reports.
IndiaAI empanelment drives down prices of GPUs in second round
AI startups, developers, researchers and corporations exploring and implementing AI would be able to afford GPU capacity by leasing from the identified providers. “All existing empanelled players will be asked to match new L1 prices,” IndiaAI Mission chief executive Abhishek Singh told ET. “From what we hear from companies, they will mostly match, to retain their priority of allocation of AI workloads.”
Little-known AI powerhouse rockets up Fortune 500 by 206 spots, surging faster than any other company this year
Super Micro Computer experienced a remarkable surge on the Fortune 500 list, climbing 206 spots to number 292. This impressive growth is attributed to its strategic focus on AI, cloud computing, and data center infrastructure. The company's innovation-first approach, partnerships with tech giants like Nvidia and Intel, and investments in green computing have fueled its success.
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Taiwan's TSMC has no plans to set up manufacturing plant in Middle East: Chairman & CEO TSMC
TSMC Chairman CC Wei refuted rumors of establishing a manufacturing plant in the Middle East, specifically the UAE, emphasizing the company's focus on regions with strong customer demand near its largest clients. Despite tariff concerns, TSMC maintains its 2025 sales growth projections, noting clients haven't altered order volumes.
Poll shows AOC is one of only three U.S. politicians with net positive image, Trump and Harris trail behind
US Congresswoman Alexandria Ocasio-Cortez's popularity has surged, surpassing Trump, Biden, and Harris in a recent poll. AtlasIntel's survey reveals AOC as one of the few leaders with a net positive image, ranking third after Barack and Michelle Obama.
TMC tears into Amit Shah over infiltration jibe, demands resignation for Pahalgam, Pulwama "security failure"
The Trinamool Congress (TMC) has strongly condemned Union Home Minister Amit Shah's accusations regarding the West Bengal government's alleged support for illegal infiltration, demanding his resignation following a recent terror attack in Pahalgam.
Watch: MAGA influencers accuse Cory Booker of Nazi-style salute, call him ‘literally Hitler’
Senator Cory Booker’s closing gesture at a Democratic convention has sparked fierce online criticism, drawing comparisons to salutes made by Elon Musk and Steve Bannon that were previously condemned as Nazi-like. Though Booker has not commented, footage of the moment has gone viral on right-wing social media. This latest incident comes just weeks after the New Jersey Democrat made headlines with a marathon 25-hour speech against Donald Trump’s policies, positioning him as a rising 2028 contender.
Surprise 2028 pick? Democrats back unexpected candidate — and it’s not Kamala Harris
A new poll shows many Democrats prefer Pete Buttigieg over Kamala Harris for the 2028 race. AOC is second, while Harris is third. This poll is different from others where Harris led. None of them have confirmed running yet.
After Sarvam.ai, Soket AI, Gnani.ai, Gan.ai to now build foundation AI models, says IndiaAI Mission
The IndiaAI Compute portal now has 34,000 GPUs, sourced from Nvidia, AMD, AWS, and Intel. In the second round of the GPU tender, seven technically qualified bidders have been empanelled. IndiaAI Mission has now selected Soket AI, Gnani.ai, and Gan.ai, in addition to Sarvam.ai, to develop foundation AI models.
US intel report reveals Chinese support for Pakistan’s nuclear ambitions
The DIA's 2025 threat assessment has revealed Pakistan's pursuit of battlefield nuclear weapons and modernisation of its arsenal, driven by its perception of India as a primary threat. Despite economic fragility and internal instability, Pakistan continues to support terrorist groups while facing insurgencies, it said.
AgustaWestland case: SC dismisses British national Christian Michel’s plea over bail address requirement
The Supreme Court dismissed Christian Michel James' plea challenging the Delhi High Court's order to provide his post-release address in the AgustaWestland money laundering case. James, accused of being a middleman, argued he lacked a local address after six years in Tihar Jail.
Espionage case arrests: Rajasthan government employee, a suspected spy for Pakistan, in intel net
In Jaisalmer, a Rajasthan government employee named Shakur Khan was apprehended on Wednesday night on suspicion of espionage activities for Pakistan. Intelligence officials, acting on security inputs, discovered Pakistani phone numbers on Khan's device. Following a joint interrogation in Jaisalmer, Khan was taken to Jaipur, where central agencies will conduct further questioning.
Dhan’s funding nears close; BNPL gets regulated out
Happy Thursday! Stock broking startup Dhan is poised to finalise its long-awaited funding round. This and more in today’s ETtech Morning Dispatch.
Intel, AMD former executives throw the hat into AI semiconductor ring
Executives from major semiconductor companies like Intel and AMD are leaving to launch AI chip startups in India, fuelled by government incentives and a growing demand for semiconductors. These ventures are attracting significant investment, aiming to capitalise on the projected $1 trillion global market by 2030.
GTA 6: Is upcoming game worth waiting for? Here’s release date, map, global release time, gameplay and platforms
GTA 6 is set to release on May 26, 2026. The game introduces a new map based in Leonida, returns to Vice City and adds stealth features. It will be available on PlayStation 5, Xbox Series X|S and PC.
Why did Stephen Hawking warn the world against AI before his death? The answer is deeply chilling
Stephen Hawking warned years ago that the development of advanced artificial intelligence could pose a serious threat to humanity’s survival. While he recognized the benefits of early AI, he feared that machines smarter than humans might evolve rapidly and surpass us, potentially leading to human extinction. Hawking also highlighted other global risks like climate change and nuclear war and urged humans to become a multi-planetary species to avoid disaster.
India’s supplements wild west; Payments firms’ SaaS play
Happy Monday! As over-the-counter health supplements are increasingly available online, concerns arise about their efficacy and regulation. This and more in the latest edition of ETtech’s Morning Dispatch
Tatas rope in Intel veteran Tim McIntosh to steer Assam chip assembly plant
Tata Electronics strengthens its semiconductor assembly and testing (TSAT) capabilities by appointing Tim McIntosh, a former Intel executive, as VP and head of operations. TSAT is actively recruiting experienced professionals, particularly in Southeast Asia, with hiring drives planned in Malaysia and Singapore. The company aims to build a strong team to lead its new operations in India.
IndiaAI Mission GPU tender round 2: All seven shortlisted bidders clear technical round
All seven shortlisted firms have cleared the technical round of IndiaAI Mission’s second GPU tender, with commercial bids opened on Thursday. Around 15,000 GPUs are expected to be offered. The mission, backed by a Rs 10,000-crore budget, aims to boost India’s AI infrastructure and support local model development and research.
A tech hub's plan to upgrade for the AI age runs into Trump's tariffs
American companies have been manufacturing in Malaysia for decades. This has made Malaysia a key player in global tech. Now, Trump's tariffs threaten this industry.
Rs 5,000 crore self-made man warns: Avoid EMI, AI won’t just kill IT jobs, no one is safe
Zoho's Sridhar Vembu and Dr. A Velumani are cautioning India's workforce about the AI revolution. They warn that high-paying tech jobs are at risk due to AI and automation. Vembu advises software engineers to be prepared, while Velumani emphasizes that disruption can affect any profession, urging financial prudence and vigilance.
Fortnite 2025: how to download, storage required and what kind of processor it takes to play smoothly
Fortnite’s updates in 2025 make it more powerful than ever, but also more demanding. Whether you're on a smartphone, console, or gaming PC, here’s exactly how much storage Fortnite needs and the kind of processor required for smooth gameplay. A must-read for anyone planning to download Fortnite today
Intel explores sale of networking and edge unit: Sources
Intel is considering selling its Network and Edge (NEX) businesses as new CEO Lip-Bu Tan refocuses the company on core strengths in PC and data centre chips. The NEX unit, which generated $5.8 billion in 2024, may no longer align with Intel’s strategic direction. No formal sale process has begun.
Beyond Nvidia, four things to know at Asia’s biggest tech show
Computex, Asia's big electronics show, is set to begin in Taipei. Nvidia's Jensen Huang and other tech leaders will attend. Discussions will focus on AI hardware and the impact of US trade policies. Chip manufacturing is shifting, with opportunities in the Middle East. Concerns about the AI payoff and Intel's new strategy will also be key topics.
Intel spars with EU regulators over $421 million antitrust fine
Intel is challenging a €376 million ($421.4 million) EU antitrust fine, calling it "disproportionate and unfair." The penalty, re-imposed after a partial court annulment of a 2009 decision, relates to payments made to HP, Acer, and Lenovo to delay rival products. A ruling from the General Court is expected in the coming months.
Intel has limited customer commitments for latest chip manufacturing tech, CFO says
Committed volumes, or the amount of external customers' chips set to be produced by Intel using upcoming manufacturing tech, is presently not significant, Zinsner said at J.P. Morgan's Global Technology, Media and Communications conference being held in Boston, Massachusetts.
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