Latest AI News

NXP Semiconductors reported resilient Q3 2025 performance with $3.17 billion revenue, slightly exceeding guidance despite a 2% year-over-year decline. The company achieved a non-GAAP gross margin of 57.0% and operating margin of 33.8%. Incoming CEO Rafael Sotomayor highlighted NXP's disciplined investment approach and portfolio enhancement strategy for profitable growth. During the quarter, NXP returned $310 million to shareholders, including $54 million in share repurchases, and approved a $1.014 per share dividend. The company's outlook remains positive, supported by specific growth drivers and signs of cyclical recovery.

Cadence Design Systems has forecast lower-than-expected fourth quarter profits amid growing U.S.-China trade tensions. The company cited tightening export controls on advanced software and regulatory uncertainty as factors limiting its business opportunities in China, a key market for its electronic design automation software. Following this announcement, Cadence shares declined in after-hours trading. The ongoing trade dispute is affecting the broader semiconductor and software sectors, with many companies now evaluating their exposure and preparing for potentially stricter regulations. Cadence plans to adapt to the changing landscape while focusing on innovation and compliance through 2026.

NextEra Energy and Google have partnered to restart Iowa's Duane Arnold nuclear plant, with Google committing to a 25-year purchase agreement for carbon-free energy to power its AI operations. The 615-megawatt facility near Cedar Rapids is scheduled to come online by 2029. The project promises significant economic benefits, including 1,600 construction jobs and 400 permanent positions, generating $340 million in annual economic output statewide. NextEra is acquiring full ownership of the plant and exploring development of additional nuclear facilities with Google. This collaboration extends their existing clean energy partnership and aims to support grid resilience while meeting growing energy demands for AI infrastructure.

Meta appointed executive Vishal Shah to lead AI product management, signaling increased focus on artificial intelligence competition. Shah, who previously oversaw Instagram products and later Meta's virtual reality initiatives, will now report to AI product head Nat Friedman. This strategic move follows recent restructuring, including 600 layoffs in Meta's Superintelligence Labs, as the company works to strengthen its position against rivals like Microsoft, OpenAI, and Anthropic in the rapidly evolving AI landscape.