Wingtech posts $1.3 billion loss and faces Shanghai delisting as Nexperia audit collapses — 57% of company’s assets can’t be verified

According to a filing to the Shanghai bourse on Wednesday, Wingtech’s stock will carry a delisting risk warning starting May 6th.
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Mark Zuckerberg says Meta is cutting 8,000 jobs to pay for AI infrastructure — insatiable compute demand means the company can’t rule out further headcount reductions

Meta spent $72.2 billion on capex in all of 2025. The midpoint of its new 2026 guidance would nearly double that figure in a single year.
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Intel details 18A-P process node, touts higher performance, lower power, and better thermals — 9% more performance, thermal conductivity improved by 50%

Intel details improvements of 18A-P that include higher performance, lower power, reduced variability, improved yields, and more.
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Linux exploit instantly grants administrator access on most distributions since 2017 — cryptography optimization snafu grants root privileges to local users

Zero-day exploit instantly grants administrator access on most Linux distributions since 2017

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Pentagon budget reveals it’s pursuing containerized 300kW+ laser weapons, ambitious Joint Laser Weapon System designed to shoot down cruise missiles — system part of $17.9 billion Golden Dome missile-defense initiative

New Pentagon FY2027 budget documents reveal the Joint Laser Weapon System, a containerized 300kW+ laser weapon designed to intercept cruise missiles as part of the US military’s Golden Dome missile-defense initiative.
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Talent over tokens: AI models are becoming more expensive to run, and productivity gains are limited — efficient workers might be the solution to strained budgets

Major firms are finding the rising costs of AI hard to manage, as human workers are now often more affordable alternatives to AI within certain contexts. With many platforms switching to per-token billing and rising model …

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Samsung and SK hynix warn AI-driven memory shortages could last until 2027 and beyond, as HBM demand explodes — customers already reserving supply years ahead, while the wider DRAM market begins to tighten

Samsung and SK hynix warn that severe AI-driven memory shortages could persist through 2027 as exploding HBM demand overwhelms supply, tightens the broader DRAM market, and fuels record profits
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Google, Microsoft, Meta, and Amazon capex spending to hit $725 billion in 2026, up 77% from last year — analyst says bear thesis is ‘garbage’

Google, Amazon, Microsoft, and Meta collectively plan to spend $725 billion on capex in 2026, up 77% from last year’s record $410 billion.
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Victim of AI agent that deleted company’s entire database gets their data back — cloud provider recovers critical files and broadens its 48-hour delayed delete policy

An SaaS business got all its data back after its cloud data provider recovered critical databases that were ruthlessly wiped by an AI agent gone rogue.
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Tennessee bans crypto ATMs that have become ‘payment portal of choice for scammers’ — second state to restrict machines after Indiana

Tennessee becomes the second state to ban crypto ATMs after its governor signs a bill into law restricting these machines starting July 1st.
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