Katie Tarasov / CNBC:
Texas Instruments stock rose 19% on Thursday, its best day since 2000, after upbeat Q2 guidance driven by high demand for analog chips used in AI data centers  —  Texas Instruments had its best day on Wall Street since 2000 after the chipmaker reported better-than-expected quarterly results …

Thanks to a recent leak, we have a clearer picture about what Rockstar Games may have planned for the online future of GTA Online

The Robot Report:
Shenzhen-based Pudu Robotics, which makes commercial service robots, raised ~$150M, bringing its total funding to $300M+, and says its valuation exceeds $1.5B  —  Pudu Technology Inc. today said it has it raised nearly $150 million in a new funding round.  Following this round …

Summary: Meta is cutting approximately 8,000 employees (10% of its workforce) beginning 20 May, cancelling 6,000 open roles, and planning additional cuts for H2 2026. The layoffs, announced via an internal memo from HR head Janelle Gale, are structural rather than performance-based, reorganising teams into AI-focused “pods” while Meta spends $115-135 billion on AI infrastructure […]

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Katie Tarasov / CNBC:
Intel reports Q1 revenue up 7% YoY to $13.58B, vs. $12.42B est., and forecasts Q2 revenue and adjusted EPS above estimates; INTC jumps 15%+ after hours  —  - Intel reported first-quarter earnings that beat Wall Street expectations … Intel reported first-quarter earnings Thursday …