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News & Articles By Edison Reed
07/23/2026
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By Edison Reed
Big Tech Faces Investor Scrutiny Over AI Spending
Several major technology companies have reported a surge in AI-related capital spending in recent quarters, prompting a sell-off among investors who question whether the investments will generate timely returns. According to reports, Amazon shares plunged more than 10% in extended trading after the company announced a $200 billion capital expenditure plan. Meta’s stock also fell […]
07/23/2026
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By Edison Reed
Coal-fired power generation sees resurgence as nations prioritize energy security over climate targets
Coal-fired power generation is increasing globally as countries prioritize energy security over climate targets, according to recent data from the International Energy Agency (IEA) and national energy ministries. Global coal demand rose to an all-time high in 2025, reaching 8.85 billion metric tons, according to a report from the IEA cited by the Kobeissi Letter […]
07/21/2026
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By Edison Reed
Goldman Reduces Global PC Shipment Forecasts, Citing Memory Chip Crunch and Slowing Upgrade Cycle
Goldman Sachs has reduced its global PC shipment forecasts for 2026 through 2028, citing a memory chip shortage and rising component costs. The revised estimates show a 14 percent decline in 2026 and a 5 percent decline in 2027, followed by zero growth in 2028, according to a report by Allen Chang, managing director and […]
07/20/2026
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By Edison Reed
Netflix Discloses Use of Generative AI in Hundreds of Films and Television Shows
Netflix has disclosed that it uses generative artificial intelligence (AI) in hundreds of its films and television shows, according to a shareholder letter released alongside the company’s latest financial results. The AI is primarily employed in post-production to generate complex sequences such as battle scenes, crowds and establishing shots, the company reported. The revelation came […]
07/19/2026
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By Edison Reed
Intel Ships First Commercial Chips Built with Next-Gen Lithography
Intel has announced it shipped the first commercial chips manufactured using high-numerical aperture extreme ultraviolet (High-NA EUV) lithography, according to a company statement. The chips, part of the Panther Lake processor family, are intended for client computing and represent a milestone in semiconductor production, officials said. The High-NA EUV tool, supplied by ASML, allows printing […]
07/17/2026
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By Edison Reed
AI Firms Fuel San Francisco’s Office Market Recovery, Driving Record Leasing Demand Nationwide
Artificial intelligence firms are leasing office space at a record pace across the United States, with demand surging 85% in the 12 months through May, according to a report published July 9 by the commercial real estate platform VTS. The report states that AI companies accounted for 16.8 million square feet of office demand across […]
07/16/2026
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By Edison Reed
Chinese Startup Dongfang Suanxin Develops 3D Chip Architecture to Bypass U.S. Export Restrictions
Chinese startup Dongfang Suanxin has announced a new chip design using a three-dimensional architecture that company officials say can compete with Nvidia’s artificial intelligence (AI) processors while employing older, unrestricted manufacturing nodes. The development comes as Washington has tightened export controls on advanced semiconductor technology to China, according to government statements. Company representatives stated that […]
07/15/2026
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By Edison Reed
Global Smartphone Shipments Hit 13-Year Low as Memory Chip Crisis and AI Data Center Demand Devastate Consumer Electronics Market
Global smartphone shipments fell 11% year over year in the second quarter of 2026, reaching the lowest level in 13 years, according to a preliminary market monitor report by Counterpoint Research released July 13. The decline was driven by a persistent shortage of memory chips, as manufacturers shifted production capacity to support artificial intelligence data […]
07/13/2026
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By Edison Reed
State Renewable Policies, Not Market Forces, Drive U.S. Grid Reliability Challenges, Analysts Say
State-level renewable portfolio standards and carbon-free mandates are creating reliability challenges for U.S. electricity grids, according to grid operators and energy analysts. PJM Interconnection and other regional transmission organizations have reported that retiring baseload generation, driven by policy not market demand, has led to tighter reserve margins, officials said. The North American Electric Reliability Corporation […]
07/13/2026
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By Edison Reed
AI Growth Drives Global Competition for Electricity as Strategic Resource
The expansion of artificial intelligence (AI) is creating a surge in electricity demand that analysts say is reshaping global energy markets. A single ChatGPT query consumes roughly 10 times the energy of a standard Google search, according to industry estimates cited in a July 2026 report by OilPrice.com. McKinsey projects AI data center capital expenditure […]
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