INTEL CPUS FACE 10% PRICE HIKE IN OCTOBER
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Intel is reportedly planning a 10 percent price increase on PC CPUs starting in October, marking the company's shift toward profitability over market share expansion.
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Companies are pushing out returns on AI investments while continuing heavy infrastructure spending, according to Katrina Dudley, Senior Investment Strategist at Franklin Templeton Public Markets.
Australia's government has proposed a "My Feed, My Way" initiative that would require social platforms to notify users about algorithmic content and let them choose whether to receive recommendations.
Qualcomm has signed a multi-generation custom silicon agreement with Amazon Web Services to power AWS' AI infrastructure. The deal includes an option for Amazon to acquire up to $4 billion in Qualcomm shares.
Australia will require social media platforms to allow users over 16 to disable algorithm-driven feeds under new digital safety laws. Platforms face fines exceeding A$100m for non-compliance.