Oracle's Dubai Data Center Reportedly Hit As Iran Expands Attack On AI Infrastructure

Broadcom Crashes After AI Chip Revenue Forecast Misses Broadcaom stock is plunging in after-hours trading, after the company reported Q2 results which delivered a disappointing forecast for AI chip revenue, signaling that the company is either progressing more slowly than anticipated in the burgeoning industry, or that unlike its peers, is actually truthful in predicting the potential of the AI bubble. The historicals were ok: in the fiscal second quarter, which ended May 3, sales rose 48% to $22.2 billion, just barely beating the $22.1 estimate. AI semiconductor revenue was $10.8 billion, also...

FCC Set To Vote on Easing Satellite Power Rules, Boosting SpaceX's Starlink Authored by Kimberly Hayek via The Epoch Times (emphasis ours), The Federal Communications Commission (FCC) announced Wednesday it will vote on an order to revamp satellite spectrum-sharing rules that would benefit low-Earth orbit broadband providers - and SpaceX stands to gain the most. The SpaceX Falcon 9 rocket carrying Starlink satellites is seen over Sebastian Inlet after launching from Cape Canaveral, Fla., on Feb. 26, 2025. Sam Wolfe/Reuters “By discarding last century’s satellite regulations, we could see billions of dollars in benefits...