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Lip-Bu Tan

Lip-Bu Tan

American businessman

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  • Jul 23

    Intel posts 25% revenue jump, beats Q3 forecast; capex raised to $20bn on AI boom

    The chipmaker reported its fastest revenue growth in 15 years and raised its capital spending forecast by $2 billion, driven by surging demand for data center CPUs from agentic AI applications.

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Today’s Brief

Twelve countries ban settlement goods

Allies punish settlements as missiles hit Saudi sites and AfD shakes Germany

Governments spent the day drawing lines, then discovered how quickly others could cross them. Europe hardened trade policy toward Israeli settlements, Saudi energy sites burned after Houthi strikes, and German conservatives confronted the scale of their eastern collapse.

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European Union · Updated 36m ago

The ageing Union's economy

A Canada-US tariff escalation adds context to the global trade environment but produces no new EU-level policy, data, or decision.

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