TDK claims optical breakthrough to tackle generative AI’s biggest bottleneck

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Japan’s TDK is claiming a breakthrough in optical technology that would process data 10 times faster than current electronics and solve a key bottleneck holding back the growth of generative artificial intelligence. The Apple supplier … Read more

ASML’s chipmaking machine orders disappoint amid tariff uncertainty

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. ASML said orders of its chipmaking machines fell short of market estimates by almost €1bn, as chief executive Christophe Fouquet warned that Donald Trump’s tariff announcements had “increased uncertainty”. Shares of ASML have been hit … Read more

Activist Elliott takes $1.5bn stake in Hewlett Packard Enterprise

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hedge fund Elliott Management has built a position worth more than $1.5bn in technology group Hewlett Packard Enterprise, in its first activist campaign unveiled since President Donald Trump’s tariff policy upended markets. Elliott is yet … Read more

British Steel needs a forever subsidy

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Globalisation hangs on a simple, alluring idea: make things where doing so is cheapest, then ship them to and fro. But it only works if the second half of that scenario remains viable. If there’s … Read more