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• TikTok forms U.S. joint venture, names a CEO - TikTok said Thursday that it officially formed a joint venture that will keep the video-sharing app operating in the United States.
• Intel stock falls 6% after company offers soft first-quarter guidance - Intel reported fourth-quarter earnings on Thursday that beat Wall Street expectations but offered soft guidance for the current quarter.
• Taiwan will invest $250 billion in U.S. chipmaking under new trade deal - The U.S. and Taiwan have reached a trade agreement to build chips and chip factories on American soil, the Department of Commerce announced on Thursday.
• Trump administration clears way for Nvidia H200 chip sales to China with a 25% surcharge - The H200's performance has been exceeded by two generations of Nvidia chips currently in production, the Blackwell and Rubin.
• Meta's VR layoffs, studio closures underscore Zuckerberg's massive pivot to AI - Meta began laying off employees in its Reality Labs division focused on virtual reality and shut down several VR studios as it pushes resources towards AI.
• AI memory is sold out, causing an unprecedented surge in prices - Three primary memory vendors — Micron, SK Hynix and Samsung Electronics — make up nearly the entire RAM market, and they're benefitting from this shortage.
• Meta signs nuclear energy deals to power Prometheus AI supercluster - Meta said it secured agreements with energy companies Vistra, TerraPower and Oklo, which are all working on nuclear power technologies.
• Nvidia plans to test a robotaxi service in 2027 in self-driving push - Nvidia CEO Jensen Huang has said that robotics — including self-driving cars — is the company's second most important growth category after AI.
• How $160 million worth of export-controlled Nvidia chips were allegedly smuggled into China - The scheme involved falsifying shipping documents to misclassify the GPUs and hide their true destinations, including China and other prohibited locations.
• These 5 infrastructure stocks have more than tripled this year on the AI trade - While Nvidia has been the biggest infrastructure winner during the AI boom, other data center stocks have performed better this year.