Reading Time : 2 minutesThe US dollar faces its sharpest monthly decline in over a year amid rising expectations for Federal Reserve rate cuts in September. This dollar weakness has propelled gold to a July high, supported by dovish Fed signals and soft labor data. Political tensions over Fed independence add to market volatility as investors await key inflation data.
Reading Time : 3 minutesThe Trump administration is rewriting the rules for chip subsidies by converting CHIPS Act grants into equity stakes, starting with Intel. This approach links taxpayer funding directly to ownership while aiming to secure America’s semiconductor supply chain. Supporters call it bold industrial policy, while critics warn it risks politicizing the industry without solving Intel’s core challenges.
Reading Time : 3 minutes The United States has quietly embedded location-tracking devices in certain AI chip and server shipments to detect diversions to China. This covert strategy is part of a wider crackdown on export violations, combining stealth technology, inter-agency coordination, and new legislation that could permanently change the global flow of advanced computing hardware.
Reading Time : 2 minutesDetroit carmakers say Trump’s Japan deal ignored core trade barriers, leaving U.S. vehicles at a disadvantage. Without binding provisions, they warn Japan has no reason to open its market.
Reading Time : 2 minutesStarting October 2025, the US imposes a $250 Visa Integrity Fee on non-immigrant visas to curb overstays. Travelers from Visa Waiver Program countries are exempt, but others face higher costs for tourism, study, or work.
Reading Time : 3 minutesThe EU is likely to shelve its digital tax due to US resistance and implementation challenges. The focus shifts to the OECD’s global tax reform, aiming for fairer rules for tech giants. This pragmatic move avoids trade disputes but delays immediate action, leaving debates on innovation and tax fairness unresolved as international cooperation takes center stage
Reading Time : 2 minutes The Pentagon just awarded $200 million contracts to OpenAI, Google, Anthropic, and Elon Musk’s xAI. The goal is to integrate advanced AI into defense and government operations. This move underscores the US military’s determination to stay ahead in the AI race, particularly against China. The initiative also introduces Musk’s “Grok for Government” AI tools.
Reading Time : 2 minutesApple is reportedly eyeing the US broadcasting rights for Formula 1, seeking to capitalize on the sport’s soaring popularity and its own successful F1 movie. With ESPN’s contract expiring, this move could significantly boost Apple TV+’s live sports offerings, attracting a massive new subscriber base as the bidding war for the lucrative rights intensifies.
Reading Time : 2 minutesPresident Trump claims a deal to transfer TikTok’s U.S. operations to American ownership is near, with talks possibly starting soon. Despite China’s vague response, the deal aligns with U.S. laws limiting ByteDance’s stake. Tensions from recent tariffs and extended deadlines highlight the ongoing U.S.-China trade disputes affecting TikTok’s future.
Reading Time : 2 minutesElon Musk’s xAI secured a massive $10 billion funding round, significantly boosting its competitive stance in the AI sector. This capital, split between debt and equity, will fuel the expansion of its AI infrastructure, including the Grok platform and a colossal Memphis supercomputer with 1 million Nvidia GPUs. This highlights the escalating “AI arms race” and xAI’s aggressive push to lead the next generation of artificial intelligence.
Reading Time : 2 minutesTexas Instruments is launching a $60 billion U.S. chipmaking expansion, creating seven fabs across Texas and Utah. This historic investment will boost domestic manufacturing, generate tens of thousands of jobs, and reinforce supply chains critical to tech, automotive, and defense sectors.
Reading Time : 2 minutesMasayoshi Son aims to build a $1 trillion AI manufacturing hub in Arizona, partnering with TSMC and the U.S. government. This bold plan seeks to boost high-tech production and create thousands of jobs, reinforcing America’s position in the global AI race. While ambitious, the project faces challenges around funding and execution.
Reading Time : 2 minutesTaiwan has added Huawei and SMIC to its export control list, tightening restrictions on the transfer of high-tech semiconductor equipment and know-how. The move aims to block Chinese access to sensitive technologies and aligns with U.S. policies. It’s part of Taiwan’s broader effort to protect national security and secure its leadership in chip production.
Reading Time : 2 minutesPresident Trump’s doubling of steel and aluminum tariffs to 50% has drawn sharp criticism from the EU, risking trade talks and raising costs globally. While aiming to boost U.S. steel production, the move complicates relations with allies like the UK and threatens retaliatory actions. Negotiations remain tense as both sides seek a way forward.
Reading Time : 2 minutes China’s chip industry is pushing ahead fast despite U.S. sanctions. Hygon is set to unveil a powerful processor, while merging with Sugon to boost local tech capabilities. This marks a clear step toward reducing foreign tech reliance and securing a strong place in the global semiconductor arena.
