Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results 
Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand 
DeepSeek Launches V4 AI Models with Enhanced Reasoning and 1M Token Context Window 
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth 
Taiwan Activates Backup Communications After Undersea Cable Break on Dongyin Island 
DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals 
Novartis Q1 2026 Earnings Miss Expectations as Generic Competition Pressures Sales 
Google Secures Pentagon AI Deal for Classified Projects 
Spirit Airlines Gains Key Creditor Support for $500M Bailout Deal 
Florida Launches Criminal Probe Into OpenAI Over FSU Shooting Incident 
Pershing Square Raises $5 Billion in Landmark U.S. IPO and Share Placement 
Intel Stock Surges as AI Chip Demand Drives Strong Q2 Forecast 
U.S. Raises Alarm Over Chinese AI Firms’ Alleged IP Theft Through Model Distillation 
Trump Administration Seeks Emergency Order to Resume White House Ballroom Construction 
Why Paycom Was Named a 2026 Platinum Employer on the Where You Work Matters List 
Justice Jackson Slams Supreme Court's Growing Use of Shadow Docket 
Robinhood Q1 Earnings Miss Expectations, Stock Drops After Hours 
Samsung Electronics Co. has asked Texas state officials to grant tax abatements over 20 years, worth $805.5 million, for its new $17 billion chip facility in the city of Austin.
The South Korean electronics giant reportedly asked for tax breaks worth $718.3 million from Travis County and $87.2 million from Austin, they reported.
The construction is set for the second quarter of this year and become operational in the third quarter of 2023, assuming Austin is selected as the site.
The investment would create around 1,800 jobs.
Samsung is also inspecting other sites in the US, including New York and Arizona, as well as South Korea.
No decision has yet been made for the US investment, though it is considering expanding its chip facilities.
Samsung already has a chip factory in Austin but is seeking to bolster its production to catch up with foundry leader Taiwan Semiconductor Manufacturing Co. (TSMC). The South Korean firm is aiming to become the world's No. 1 logic chipmaker by 2030 by investing 133 trillion won in the system chip and foundry business.
