Chipmaking supplier ASML says Trump tariff impact ‘less negative’ than expected

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chipmaking equipment supplier ASML said the impact of US tariffs was “a bit less negative than we anticipated”, as artificial intelligence drove strong orders for its lithography machines. Sales in the Netherlands-based company’s second quarter … Read more

Trustpilot’s five-star rating feels a little generous

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Browsing one-star reviews on Trustpilot is a great way to experience vicarious outrage on behalf of overcharged or underserved customers. Going by its own pricey valuation, though, shareholders are awarding the online reviewer the full … Read more

VCs seek a ride on the defence bandwagon

Stay informed with free updates Simply sign up to the Technology sector myFT Digest — delivered directly to your inbox. Nobody loves a good bandwagon like a venture capitalist. Among European start-up investors, “resilience” and “sovereign” tech are giving even artificial intelligence a run for its money as the hottest new buzzwords. Led by Germany’s … Read more

Howard Lutnick says easing of Nvidia’s AI chip exports linked to China deal

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Commerce secretary Howard Lutnick said the US’s reversal of restrictions on sales of chips to China followed recent trade negotiations with Beijing over rare earths. President Donald Trump curbed exports of Nvidia’s H2O artificial intelligence … Read more