Trump says he’ll announce semiconductor and chip tariffs
This announcement comes as the Trump administration is also mulling over its approach to AI chip export restrictions.
Hardware
Nintendo raising original Switch console prices due to ‘market conditions’
Nintendo wouldn’t say what the “market conditions” were but likely reference President Trump’s tariffs, which are increasing costs for U.S. consumers.
Sex toy maker Lovense threatens legal action after fixing security flaws that exposed users’ data
The internet-connected sex toy maker said it fixed the vulnerabilities that exposed users’ private email addresses and accounts to takeovers, but said it was also planning to take legal action following the disclosure.
Female-founded semiconductor AI startup SixSense raises $8.5M
SixSense offers an AI-powered platform that helps chip makers prevent defects. It landed backing led by Peak XV’s Surge (formerly Sequoia India & SEA).
Apple projects tariff costs will hit $1.1B next quarter
While sales growth suggests fear of tariffs helped fuel sales, Cook downplayed the “pull forward” effect, noting that consumers were more motivated by the “strength of the product.”
Kleiner Perkins-backed Ambiq pops on IPO debut
The 15-year-old chipmaker saw its shares climb 61% above its IPO price by the close of its first trading day.
Zuckerberg says people without AI glasses will be at a disadvantage in the future
Mark Zuckerberg really believes AI glasses will be the ideal way to blend the physical and digital worlds together.
Sex toy maker Lovense caught leaking users’ email addresses and exposing accounts to takeovers
A security researcher went public after the sex toy maker asked for more than a year to fix the vulnerabilities, which leak users’ private email addresses and allow for accounts to be hijacked.
A timeline of the US semiconductor market in 2025
From leadership changes at legacy semiconductor companies to wishy washy policy around chip exports, a lot has happened already.