CHIPS Act money is starting to move, but it’ll take years to see results

aol.com It’s been nearly two years since President Biden signed the $52.7 billion CHIPS Act with the goal of dramatically expanding the US’s semiconductor manufacturing…

Global iPhone shipments drop nearly 10% as Apple's 2024 woes continue

aol.com Global shipments of Apple’s (AAPL) iPhone fell nearly 10% in the first quarter despite a broader smartphone market recovery as the company continues to contend with rising…

Google seeks to monetize AI investments with AI security add-on for Workspace

aol.com The generative AI boom has Big Tech companies racing to out innovate each other by offering new features and platforms that take advantage of the hottest tech trend in…

Amazon CEO Andy Jassy says the benefits of AI 'will astound us all'

finance.yahoo.com CEO Andy Jassy is finally going all in on generative AI. In his annual letter to shareholders on Thursday, the Amazon chief said the technology is the company’s next major…

Apple’s Services business is a bright spot in the company’s rough 2024: BofA

finance.yahoo.com Apple’s (AAPL) 2024 has been rough so far. But despite the company’s headwinds ranging from antitrust suits to slowing iPhone sales, there’s one big bright spot for Apple:…

Intel's latest AI chip is a direct shot at Nvidia's moneymaker

finance.yahoo.com on Tuesday debuted a new AI chip designed to take on one of Nvidia’s (NVDA) most popular AI processors as part of its Intel Vision event. The company's Gaudi 3 chip matches…

Apple is aiming the Vision Pro at enterprises

aol.com It’s been just over two months since Apple (APPL) launched its Vision Pro AR/VR headset. At $3,500, the device, which Apple calls a spatial computer, is a pricey proposition…