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You are at:Home » Consumer Tech News (Nov 10-14): China Lifts Rare Earth Export Ban to U.S., Microsoft and Google Invest Billions in AI Data Centers & More – Apple (NASDAQ:AAPL), Advanced Micro Devices (NASDAQ:AMD)
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Consumer Tech News (Nov 10-14): China Lifts Rare Earth Export Ban to U.S., Microsoft and Google Invest Billions in AI Data Centers & More – Apple (NASDAQ:AAPL), Advanced Micro Devices (NASDAQ:AMD)

News RoomNews RoomNov 16, 2025 7:05 pm EST1 ViewsNo Comments5 Mins Read
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China has actually suspended its almost year-long restriction on exports of gallium, germanium, and antimony to the United States. The nation’s Commerce Ministry broke the news on Sunday, following the current “remarkable conference” in between President Donald Trump and Chinese President Xi Jinping

President Donald Trump has actually required that all air traffic controllers go back to work as the country’s air travel system sustained another wave of mass flight cancellations, triggered by staffing lacks due to the extended federal government shutdown.

President Donald Trump is apparently thinking about policies to restrict the powers of proxy consultants like Institutional Investor Provider ( ISS) and Glass Lewis

Revenues & & Regular Monthly Update

Taiwan Semiconductor Production Business Ltd. ( NYSE: TSM) stock bore down Monday after the business reported strong October monetary outcomes, highlighting ongoing momentum in sophisticated chip need.

Plug Power Inc. ( NASDAQ: PLUG) reported quarterly losses of 12 cents per share, which beat the expert quote for losses of 13 cents, and, income was available in at $177.05 million, which missed out on the Street quote of $179.53 million.

Rigetti Computing Inc. ( NASDAQ: RGTI) reported quarterly losses of 3 cents per share, which beat the expert quote for losses of 4 cents and income was available in at $1.94 million, which missed out on the Street quote of $2.17 million.

CoreWeave Inc ( NASDAQ: CRWV) reported third-quarter income of $1.36 billion, beating expert quotes of $1.29 billion and adjusted loss of 8 cents per share, beating quotes for a loss of 37 cents per share.

AST SpaceMobile Inc. ( NASDAQ: ASTS) reported quarterly losses of 45 cents per share, which missed out on the expert quote for losses of 23 cents, and income was available in at $14.73 million, which missed out on the agreement quote of $19.93 million.

Rocket Laboratory Corp ( NASDAQ: RKLB) reported third-quarter income of $155.05 million, beating the agreement quote of $151.75 million and loss of 3 cents per share, beating expert quotes for a loss of 11 cents per share.

PlayStation moms and dad Sony Group ( NYSE: SONY) published stronger-than-expected financial second-quarter 2025 outcomes, supported by consistent PlayStation 5 need and robust efficiency in its music and chip services.

Tencent Music Home Entertainment ( NYSE: TME) published third-quarter income of $1.19 billion, up 20.6% year-over-year (Y/Y), driven by robust development in online music services. Experts had actually predicted $ 1.11 billion.

Smartphones, Home Entertainment & & Others

In a relocation that highlights its long-lasting vision, Apple Inc. (NASDAQ: AAPL) continues to make strides in its decade-old satellite connection job. The tech giant is apparently establishing a series of ingenious functions to improve its satellite services.

Sony Group Corp ( NYSE: SONY) has actually revealed a lower-priced variation of its flagship PlayStation 5, offered solely in Japan.

Alibaba Group Holding Ltd ( NYSE: BABA) stock gotten after reports showed the Chinese e-commerce juggernaut’s restructuring of its mobile expert system app.

Semiconductor & & Innovation

Taiwan Semiconductor is apparently dealing with a lack of 2-nanometer chip supply, with Apple having actually currently scheduled majority of the foundry’s 2026 capability.

Taiwan highly backs Taiwan Semiconductor very first European chip plant, previous president Tsai Ing-wen stated on Tuesday throughout a check out to the fab website in Dresden, Germany.

SoftBank Group Corp. ( OTCPK: SFTBY) has actually raised over $15 billion by unloading its prominent stakes in T-Mobile United States Inc. ( NASDAQ: TMUS) and Nvidia Corp. ( NASDAQ: NVDA)

Yann LeCun, the chief synthetic intelligence researcher at Meta Platforms Inc. (NASDAQ: META), is apparently preparing to leave the business to develop his own start-up.

Micron Innovation Inc. ( NASDAQ: MU) has actually started delivering credentials samples of its vehicle Universal Flash Storage (UFS) 4.1 option to consumers worldwide.

Microsoft Corp ( NASDAQ: MSFT) dedicated $10 billion to develop an expert system information center along Portugal’s coast.

Microsoft is accelerating its information center growth with the launch of an expert system “incredibly factory” in Atlanta– a huge two-story complex created to connect effortlessly with comparable centers throughout its Fairwater network to provide massive computing power.

Google moms and dad Alphabet ( NASDAQ: GOOGL) allocated 5.5 billion euros ($ 6.41 billion) for facilities and information center capability in Germany.

Google has actually submitted a suit versus a Chinese cybercriminal network for managing substantial text-message phishing attacks.

Advanced Micro Gadgets Inc ( NASDAQ: AMD) shares popped after the business stated it anticipates a higher than 35% income substance yearly development rate over the next 3 to 5 years.

International Service Machines Corp. ( NYSE: IBM) revealed a series of quantum computing turning points at its yearly Quantum Designer Conference, highlighting development towards attaining quantum benefit by 2026 and fault-tolerant quantum computing by 2029.

Synopsys Inc ( NASDAQ: SNPS) revealed strategies to cut about 10% of its labor force, approximately 2,000 workers, to reroute resources towards higher-growth locations.

Automotive

Tesla Inc.‘s (NASDAQ: TSLA) Cybertruck, in addition to the Design 3 program supervisor, revealed his departure from the business in the middle of bad sales figures.

Tesla stock fell after U.S. security regulators revealed an across the country recall impacting countless the business’s Powerwall 2 energy storage systems.

General Motors Co. ( NYSE: GM) has actually begun the production of the Chevrolet Bolt EV, the business’s most budget-friendly electrical automobile in the U.S.

DoorDash, Inc. ( NASDAQ: DASH) and Coco Robotics, a self-governing shipment business, revealed that they are broadening their collaboration to scale robot-powered shipments throughout Los Angeles, Chicago, and, for the very first time, Miami.

Expert System (AI)

Perplexity CEO Aravind Srinivas warned that AI-powered friendship apps might posture mental dangers as users significantly immerse themselves in virtual relationships.

Source

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