The Order Restricting Starshield in Ukraine Came From the White House, Reuters Reports
A restriction on Ukraine’s use of Starshield, SpaceX’s military satellite system, for battlefield communications and drone missions was issued from inside the White House, according to a Reuters report on…
Tesla’s New Roadster Jumps, and Waits Until 2028
The car left the ground. At a SpaceX test site in McGregor, Texas, on the evening of October 15, Tesla showed a second-generation Roadster using cold-gas thrusters supplied by SpaceX…
SK Hynix Ties a US NAND Plant to China Equipment Permits, Then Denies It
The offer, as described by two people familiar with the matter, was a trade: Washington lets SK Hynix ship American chipmaking equipment into its plant in Dalian, China, and the…
Two Workers Die After an Explosion at Intel’s Israeli Chip Plant
The first worker died at the scene. The second died later. A third was in intensive care at Soroka Medical Center in Beersheba, after an explosion at Intel’s Fab 28…
JPMorgan’s $38 Billion Data Center Loan Is Still Looking for Buyers
More than two dozen lenders signed on to finance two data center campuses tied to Oracle’s expansion. Months later, less than $1 billion of the roughly $38 billion package still…
CoreWeave’s Credit Spreads Cross 1,000 Basis Points as Its Chief Sells Shares
The cost of insuring CoreWeave’s debt against default crossed a threshold on October 15 that credit analysts use to mark the beginning of distress, and the company’s chief executive has…
Meta Releases an 816-Billion-Parameter Open Model and Apple Helps It Run on a Desk
Meta released a large open-weight model on October 15 whose size puts it outside the range that fits on a single machine, and Apple, which has been at odds with…
TSMC Looks Beyond Arizona and Talks About a Texas Plant It Would Run
TSMC is evaluating sites beyond Arizona for its next American expansion, and the chief executive’s condition for a Texas plant was stated plainly: the company would have to operate it.…
TSMC Posts a Sixth Straight Record Quarter and Raises Its Outlook
Taiwan Semiconductor Manufacturing reported another set of record numbers on October 15, the sixth consecutive quarter in which it has set a high for revenue and profit, and raised its…
Another Synchronized Hit for Hedge Funds, the Third This Year
Quantitative hedge funds took their worst single day since August on Thursday, in a decline that Goldman Sachs data described as a simultaneous drop across strategies that has been rare…
