The past week has been a roller coaster ride for the tech industry. From potential sanctions shaking up the semiconductor industry to controversies surrounding artificial intelligence (AI) companies, the news has been full of developments that could have far-reaching implications. Here’s a roundup of the top stories that made headlines.
Nvidia’s $10 billion setback and the ETFs to watch
The US semiconductor industry is on hold as the possibility of new sanctions on AI chip exports to China looms. Nvidia Corp. NVDA recently suffered a significant setback when its major technology clients postponed orders worth billions of dollars. Geopolitical turmoil has investors closely monitoring its impact on sector-related exchange-traded funds (ETFs).
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OpenAI whistleblower controversy
The death of former OpenAI engineer Suchir Balaji has sparked controversy. His mother, Poornima Ramarao, claims he held sensitive documents about the AI company’s practices. She claimed in an interview that her son’s knowledge of OpenAI’s operations led to his death.
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Microsoft launches copilot 365 chat
Microsoft Corp. MSFT has unveiled its AI-powered chat service, 365 Copilot Chat, with a new pay-as-you-go plan. The service, formerly known as Bing Chat Enterprise, is designed for businesses and focuses on workflow automation.
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Broadening Semiconductor Rally Expected
Semiconductor analyst Vivek Arya anticipates a surprising rise in the semiconductor sector in 2025. He predicts a growing divide between the AI haves and the cyclical have-nots. However, Arya also highlights several unresolved issues for the sector, including global tariffs, rising inflation and restrictions imposed by China.
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Zuckerberg and Huang on quantum computing
Meta Platforms Inc. META CEO Mark Zuckerberg agrees with Nvidia CEO Jensen Huang’s cautious outlook on quantum computing. Zuckerberg believes the technology is still far from being implemented in practice, echoing the industry consensus on a ten-year timetable for widespread adoption of quantum computing.
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