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Semafor is a global news organization covering technology, business, politics, and international affairs. Its AI coverage examines how artificial intelligence is changing companies, governments, markets, and society.
A global selloff in chip stocks sent markets lower, as record earnings from TSMC failed to quell doubts about the sustainability of AI spending. The downturn reflects investor concerns over the long-term demand for AI-related hardware.
Why it matters: This selloff signals growing investor skepticism about the durability of the AI boom, which could impact future investment in AI infrastructure.
Jul 16, 2026
Hyundai workers in South Korea began a partial strike this week following the company's announcement of plans to introduce humanoid robots on the factory floor. The action reflects labor concerns about automation and potential job losses.
Why it matters: The strike underscores rising tensions between workers and management over the impact of automation in manufacturing.
Jul 16, 2026
Dutch chipmaking equipment maker ASML has raised its sales outlook following a jump in Q2 sales, attributing the growth to sustained demand driven by artificial intelligence. The company expects the AI-related demand for its chipmaking machines to continue.
Why it matters: ASML's raised forecast highlights the ongoing impact of AI on the global chip supply chain.
Jul 15, 2026