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Latest Technology News

Artificial Intelligence Business Investments Drive United States Economic Growth

Key Points: Business investments added a massive 1.48 percentage points to the 2% economic growth seen in the first quarter. Major technology companies plan to spend roughly $725 billion on artificial intelligence infrastructure this year. Every day, consumer spending slowed but still contributed 1.08 percentage points to the overall economy. Inflation rose 3.5% over the past year as the ongoing war in Iran pushed global...

US Biodiesel Industry Struggles to Meet Record EPA Fuel Mandates

Key Points: The Environmental Protection Agency wants biofuel companies to produce 5.4 billion gallons of renewable fuel in 2026. Biodiesel producers must increase their overall output by more than 60% this year to hit these new government targets. Fuel prices continue to surge across the country as the ongoing U.S.-Israeli war on Iran disrupts global energy markets. Analysts warn that falling short of the blending...

Microchip Technology Hits Record Stock High As New Factory Opens

Key Points: Microchip Technology stock reached a massive 52-week high of $92.26 after jumping 101.5% over the past year. The semiconductor giant opened a new 15,000-square-foot factory in Alabama to build advanced atomic clocks. Amble Electronics reported a massive first quarter with revenue climbing fivefold due to intense global memory chip shortages. Financial analysts expect Microchip to finally return to profitability when the company reports...