Swiss multinational ABB posted its highest-ever quarterly order intake in Q2 2025, powered by growing global demand for AI-driven data center infrastructure. This milestone underscores accelerating tech infrastructure investments and ABB’s pivotal role in next-gen digital and industrial transformation.

In a significant reversal of policy, Nvidia announced it will resume sales of its H20 AI chips to China, after receiving new export licenses from the U.S. government. The decision is expected to unlock up to $10.5 billion in lost revenue for 2025, marking a critical turning point in the global AI chip race.

Nvidia has officially shattered records by becoming the first publicly traded company to reach a $4 trillion market valuation, marking a watershed moment in both tech and financial history. This milestone is fueled by unprecedented demand for its AI chips, as industries across the globe race to adopt generative AI, autonomous systems, and next-gen cloud computing.

Samsung Electronics has issued a stark warning: its Q2 2025 operating profit is expected to plunge by 56% year-on-year, as U.S. export restrictions on AI chips to China ripple through the global tech landscape. This sharp decline underscores the growing vulnerability of the semiconductor sector to geopolitical tensions.

Nvidia reached a historic milestone this week, briefly crossing a $3.92 trillion market valuation, making it a contender for the title of the most valuable company ever. This surge is fueled by insatiable global demand for its AI chips, positioning Nvidia as the undisputed leader in the artificial intelligence hardware race.

Microsoft has initiated a second round of layoffs in 2025, cutting 9,000 jobs globally, primarily in middle management and operations roles. The move is part of the tech giant’s broader strategy to prioritize AI-driven transformation and organizational agility.

Safroadu Yeboah-Amankwah, Intel’s Chief Strategy Officer, is stepping down today, June 30, 2025—just weeks before the company initiates a sweeping 20% global workforce reduction starting July 15. The layoffs are part of a broader restructuring strategy that includes shutting down Intel’s automotive-chip division, a surprising pivot amid growing EV and AI integration.

Jeff Bezos, Amazon founder and one of the world’s richest men, married Lauren Sánchez this week in Venice, Italy, during a $50 million, three-day celebration that captivated tabloids and tech-watchers alike. With Lady Gaga performing, and a guest list including Oprah Winfrey, Leonardo DiCaprio, and Kim Kardashian, the wedding blended luxury, spectacle, and star power in true billionaire fashion.

PRO FX Tech, a prominent name in premium audio-visual (AV) distribution in India, launched its initial public offering (IPO) today, June 26, 2025. With a price band of ₹82–₹87 per share, the company aims to raise ₹40.3 crore to fuel its expansion in India’s booming home entertainment and commercial AV sectors.