MICHAEL LIEDTKE Technology Writer.

FILE - Visitors give commands to a robot at Nvidia's booth during the 3rd China International Supply Chain Expo at the China International Exhibition Center, in Beijing, July 18, 2025. (AP Photo/Mahesh Kumar A., File)

Nvidia’s AI chip sales surged again in latest quarter, but worries about a tech bubble persist

Nvidia’s sales of its artificial intelligence chipsets rose at a slower pace than analysts anticipated during the company’s latest quarter, a letdown likely to stoke worries that technology’s latest craze has been fool’s gold. The results announced Wednesday were hotly anticipated because Nvidia has emerged as a bellwether of a two-year-old AI boom that has propelled the stock market to record heights. Although Nvidia’s second-quarter profit and total revenue were higher than analysts forecast, sales in the company division responsible for its AI chips were slightly below projections. Nvidia’s stock slid 3% in extended trading.

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Trump thinks owning a piece of Intel would be a good deal for the US. Here’s what to know

President Donald Trump wants the U.S. government to own a piece of Intel, less than two weeks after demanding the Silicon Valley pioneer dump the CEO that was hired to turn around the slumping chipmaker. If the goal is realized, the investment would deepen the Trump administration’s involvement in the computer industry as the president ramps up the pressure for more U.S. companies to manufacture products domestically instead of relying on overseas suppliers. The Associated Press takes a closer look at how this unusual deal appears to be on the verge of getting done.

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FILE - Audience members gather at Made By Google for new product announcements at Google on Aug. 13, 2024, in Mountain View, Calif. (AP Photo/Juliana Yamada, File)

Google loses appeal in antitrust battle with Fortnite maker

A federal appeals court has upheld a jury verdict condemning Google’s Android app store as an illegal monopoly, clearing the way for a federal judge to enforce a potentially disruptive shakeup that’s designed to give consumers more choices. The unanimous ruling issued Thursday by the Ninth Circuit Court of Appeals delivers a double-barreled legal blow for Google, which has been waylaid in three separate antitrust trials that resulted in different pillars of its internet empire being declared as domineering scofflaws monopolies since late 2023.

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FILE - Audience members gather at Made By Google for new product announcements at Google on Aug. 13, 2024, in Mountain View, Calif. (AP Photo/Juliana Yamada, File)

Google’s AI push pays off with solid second quarter, but doubts about company’s future persist

Google’s accelerating shift into artificial intelligence helped propel its corporate parent to another quarter of solid growth while a crackdown on its internet empire looms in the background. The results released Wednesday for the April-June period provided the latest sign that Google is deftly navigating the technological landscape’s tilt toward AI while still capitalizing on well-worn techniques that have made it the internet’s main gateway for the past quarter century. Google’s progress enabled its parent company Alphabet to post earnings and revenue growth that exceeded analysts’ predictions, causing the company’s stock to rise more than 2% in Wednesday’s extended trading after initially sinking over concerns about increased spending on AI.

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Netflix delivers another strong performance in second quarter while following a familiar script

Netflix on Thursday announced another quarter of steady growth built upon its video streaming service’s more than 300 million subscribers. It’s a familiar script that Netflix has followed for the past three years to widen its lead in video streaming while delivering strong financial results. While Netflix’s earnings once again easily eclipsed Wall Street’s expectations during the April-June period, its revenue came in right around the bar set by analysts. Investors evidently were hoping for a more robust performance as Netflix’s high-flying stock dipped in extended trading.

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FILE - The Apple logo is displayed at an Apple store, Jan. 3, 2019. (AP Photo/Mary Altaffer, File)

Apple loses bid to halt court ruling that blocks some fees from its iPhone app store

A three-judge appeals panel rejected Apple’s request to pause an April 30 order banning the company from charging a fee on in-app iPhone transactions processed outside its once-exclusive payment system in a two-page decision issued late Thursday. The setback threatens to divert billions of dollars in revenue away from Apple while it tried to overturn the order reining in its commissions from e-commerce within iPhone apps. Apple sought to put the order on hold shortly after it was issued as part of a stinging rebuke that also held the company in civil contempt of court. It marked the latest twist in a long-running legal battle with Epic Games.

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