WS #10626
Alibaba accused of illicitly accessing Anthropic's AI models; stock hits 52-week low, down 14 of 15 days, nearly 50% drawdown from Oct 2025 peak. Micron reported record Q3 results with gross margin 84.9% vs est 81.9%, automotive/embedded rev $4.63B vs est $3.51B, and guided Q4 rev $49B-$51B vs est $43.24B, a massive beat and raise. Qualcomm unveiled Dragonfly C1000 CPU and AI300 accelerator at Investor Day, with Meta as first data center customer, challenging Intel and AMD. Top House Democrat calls for national moratorium on AI data centers; Pennsylvania House votes to codify strict standards for data center developers.
Alibaba AI Breach and Stock Slide
Alibaba accused of illicitly accessing Anthropic's AI models; stock hits 52-week low, down 14 of 15 days, nearly 50% drawdown from Oct 2025 peak.
Micron reported record Q3 results with gross margin 84.9% vs est 81.9%, automotive/embedded rev $4.63B vs est $3.51B, and guided Q4 rev $49B-$51B vs est $43.24B, a massive beat and raise.
Qualcomm unveiled Dragonfly C1000 CPU and AI300 accelerator at Investor Day, with Meta as first data center customer, challenging Intel and AMD.
Top House Democrat calls for national moratorium on AI data centers; Pennsylvania House votes to codify strict standards for data center developers.