Category: Semafor

CEO Jensen Huang’s close relationship with President Trump is unlikely to inoculate the company from an increasingly hostile Washington, as Democrats prepare to take over regulatory committees and key Republicans look to impose stronger high tech export controls. Plus, three Republican House members recently requested Huang appear in a private ...

Former Intel CEO Pat Gelsinger had some pointed words for the semiconductor industry this week at a private gathering of industry leaders: Namely, they aren’t “paranoid” enough. According to a PowerPoint presentation reviewed by Semafor, Gelsinger said the industry has grown too complacent and is failing to innovate on new ...

For all the talk about how nothing can displace Silicon Valley as the epicenter of tech, it turns out New York’s tech scene is growing faster than San Francisco’s. Tech jobs are up 32% in the last decade, according to a new report from Tech:NYC shared first with Semafor. That’s ...

Reed’s view The market’s freakout, driven by AI-related stocks, suggests a US midterm election that spells disaster for the tech industry. That’s not the full story. For one, many of the 40 local and state anti-data center measures that passed this week won’t halt construction altogether and certainly won’t affect ...

The News Catherine Cortez Masto was one of just three senators in the Democratic caucus to oppose last year’s government shutdown. She clashed openly with her own Democratic colleague over police grants. She seemed, at times, like a lonely centrist. Not anymore. Democratic victories deep in red territory this week ...

The US has its first publicly traded pure-play humanoid robotics firm. It’s a bet on a market that doesn’t exist yet. Agility, which went public on Thursday through a SPAC merger, is among a group of US humanoid makers that want to automate the world’s factories and compete with China’s ...

Asian and European stocks followed US shares lower following the worst market rout since 2020 as investors fretted about the durability of the AI buildout under a Democrat-controlled Congress. Chipmaking hubs Taiwan and South Korea saw steep declines, the former suffering record losses and the latter halting trading after an ...

Oil prices briefly neared $100 a barrel following a days-long selloff on revived concerns of a resumption of the US-Iran war. US President Donald Trump spoke with the emir of Qatar, which has sought to mediate a truce, but Washington and Tehran have also traded heated rhetoric and Iran said ...

The White House faced calls for policy and personnel shakeups after brutal midterm elections, with the defense secretary under most pressure. Senior Republican lawmakers and strategists have reportedly pressed the Trump administration to fire the Pentagon chief and swiftly end the Iran war, blamed for fuel-price inflation that topped voters’ ...

Republican leaders took early steps signaling potential 2028 presidential bids, using disastrous midterm elections to distance themselves from the Trump administration. Florida’s governor, who unsuccessfully sought the GOP nomination in 2024, has been among the loudest critics of Republican leadership in recent days and did not rule out running in ...