Author: franperez66q@protonmail.com
Micron CEO Sanjay Mehrotra said Tuesday that memory chipmakers aren’t the only ones to blame for the current supply-and-demand imbalance, which has recently led to price hikes for smartphones, computers and other consumer electronics. Customers who drove a hard bargain in pricing in recent years also contributed to the squeeze, Mehrotra argued, suggesting that left the industry underinvested for the artificial intelligence boom. “Certain customers drove pricing significantly down in our industry,” Mehrotra told Jim Cramer on CNBC’s “Mad Money” on Tuesday. “In 2023, our prices came down to one-third of what they were.”The collapse in pricing, Mehrotra said, pushed…
Pierre Yared, acting chair of the Council of Economic Advisers, speaks to members of the media during the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Tuesday, Feb. 24, 2026. Graeme Sloan | Bloomberg | Getty ImagesPierre Yared is leaving his role as the acting chairman of the White House’s Council of Economic Advisers, President Donald Trump said Tuesday.Yared, who has served in the role since September, “is returning to Columbia Graduate School where he is greatly respected by all,” Trump said in a Truth Social post.Yared “and his team of ‘Brainiacs’ at the…
Image Source | Image Source | Getty ImagesWomen rely more on Social Security for income in retirement compared to men, according to new research from the AARP Public Policy Institute.Yet on average, women receive about $4,800 less in Social Security retirement benefits annually than men, according to the provider of public policy research at AARP, a nonprofit, nonpartisan organization representing individuals 50 and over.The research pointed out a couple of factors that leave women at a financial disadvantage in retirement.First, women still tend to earn less than men. In the first quarter of 2026, women had $1,098 in median weekly…
Kura Sushi targets 20% annual US store growth amid competition – Bloomberg Source link
Perseverance launched to Mars in July 2020, and its predecessor, the similarly sized Curiosity rover, launched to the red planet in November 2011. “It makes sense, early on, when we’ve got a problem that we might want to test it out here before we upload it to Mars,” Isaacman said. “But we’ve had years now of experience operating the two rovers on the surface of Mars, and we’ve got this hardware that the taxpayers invested a lot in. So the question was posed, what if we sent it to the Moon?” Although the Mars rovers were designed to operate on…
The prime minister has frequently claimed the government is spending £270bn on defence over this parliament which he says is “the biggest sustained increase in defence spending since the 1980s”.This number represents the total cash spending figure for the MoD budget set out in the 2025 Spending Review, covering the four years to 2028-29.Sir Keir said today that the DIP increases this by “a further £15bn”.So this £15bn figure is an increase in defence spending over four years relative to previous plans.Reports suggest that the original DIP would have increased spending by £13.5bn over four years. That suggests that, over…
CEO of Anthropic Dario Amodei attends a working lunch with G7 leaders, G7 outreach partners and global tech CEOs on innovation and AI, during the G7 Summit on June 17, 2026, in Évian-les-Bains, France.Anna Moneymaker | Getty Images News | Getty ImagesAnthropic is starting an internal drug discovery program as part of an effort to develop artificial intelligence tools designed for drugmakers, becoming the latest company to try and crack the healthcare market.At an event in San Francisco on Tuesday, Anthropic’s life sciences head Eric Kauderer-Abrams said the company will focus on discovering treatments for “neglected” diseases that traditional biopharmaceutical…
US energy chief exhorts data center backers to push back against opponents Source link
Micron CEO Sanjay Mehrotra speaks at a groundbreaking ceremony for the company’s semiconductor manufacturing facility in Clay, New York, on Jan. 16, 2026.Heather Ainsworth | Bloomberg | Getty ImagesChipmakers not named Nvidia soared in the second quarter as investors widened their artificial intelligence portfolios, with Micron and Intel more than tripling in value and Advanced Micro Devices not far behind. Those three companies gained about $2 trillion in combined market cap in the period and are now the 10th, 11th and 12th most valuable U.S. tech companies. While AI chipmaker Nvidia remains the biggest company by market cap and continues…
US President Donald Trump speaks with reporters after signing a presidential memo at the Oval Office of the White House in Washington, DC, on June 29, 2026. Saul Loeb | AFP | Getty ImagesPresident Donald Trump’s annual financial disclosure report was released on Tuesday by the U.S. Office of Government Ethics.Trump’s disclosure report for 2025 totals 927 pages, and, among other things, reveals hundreds of millions of dollars in cryptocurrency-related holdings.One line on the disclosure shows $236.25 million in net proceeds from token sales distributed by World Liberty Financial LLC. World Liberty Financial is the Trump-linked crypto company co-founded by…